Mechanism of Green Finance Awareness on Sustainable Competitiveness of Enterprises

Abstract

One phenomenon observed during environmental problems was increased green finance in most countries. This study explores the mechanisms of green finance, sustainable competitiveness, and supply chain among SMEs. Self-administered online questionnaires were completed by 738, 314, and 210 senior managers respectively from China, Malaysia, and Singapore. SPSS and Smart PLS-SEM software were used to test the hypotheses. This study aligns with Sustainable Development Goal 11, i.e., sustainable cities and communities, and Sustainable Development Goal 13, i.e., climate action. This study echoes the China government's "double-carbon" target initiative presented in the 75th session of the United Nations General Assembly.