IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-032-24745-2_26.html

The Role of Green Finance and Government Support in Enhancing Sustainable Performance: The Mediating Effects of Green Innovation and Digital Transformation

In: Vietnamese Business and Sustainable Development in a Globalized and Digitalized Era

Author

Listed:
  • Luan The Vuong

    (International University, Vietnam National University, Center for Public Administration)

  • Huan Tuong Vo

    (International University, Vietnam National University, Department of Management, School of Business)

  • VY Thao Thuy Le

    (International University, Vietnam National University, Department of Economics, Finance and Accounting, School of Economics, Finance and Accounting)

  • Zafar U. Ahmed

    (Professor of Marketing and International Business, President and CEO Academy for Global Business Advancement Washington DC)

Abstract

This research explores the impact of green finance and government support on sustainable performance. The study also focuses on the mediating role of green innovation in these relationships, while examining the impact of digital transformation on sustainable performance and the role of government support in driving digital transformation. A questionnaire was used as part of a quantitative method to collect primary data from Vietnam Airlines Corporation. Partial least squares structural equation modelling was employed to analyse a dataset consisting of 268 responses and to test the research hypotheses. The findings show that green finance positively impacts sustainable performance and green innovation, and government support positively affects sustainable performance, green innovation, and digital transformation. Moreover, a significant positive correlation between green innovation and sustainable performance was identified, and green innovation was found to significantly enhance the relationships between green finance and sustainable performance, and between government support and sustainable performance. This study contributes to the literature by both exploring the interactions between these relationships in terms of the aviation industry and offering useful information for Vietnamese businesses to improve sustainable performance through the application of green finance, government support, green innovation, and digital transformation.

Suggested Citation

  • Luan The Vuong & Huan Tuong Vo & VY Thao Thuy Le & Zafar U. Ahmed, 2026. "The Role of Green Finance and Government Support in Enhancing Sustainable Performance: The Mediating Effects of Green Innovation and Digital Transformation," Springer Proceedings in Business and Economics, in: Zafar U. Ahmed & Nhat Tan Pham (ed.), Vietnamese Business and Sustainable Development in a Globalized and Digitalized Era, pages 505-530, Springer.
    • Handle: RePEc:spr:prbchp:978-3-032-24745-2_26
    DOI: 10.1007/978-3-032-24745-2_26
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-032-24745-2_26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.