The Influence of Green Leadership on Financial Performance: A Systematic Review of the Roles of Sustainability, Green Technology, and Corporate Governance
Abstract
This study systematically examines the influence of green leadership on financial performance by incorporating sustainability, green technology, and corporate governance as intervening variables. Using a systematic literature review (SLR) approach, the study synthesizes six peer-reviewed articles published between 1993 and 2024 that address green leadership, green innovation, and organizational financial outcomes. A thematic analysis was employed to identify recurring patterns linking green leadership to green innovation, organizational commitment, and energy efficiency—factors that collectively shape corporate financial performance. The review finds consistent evidence that green leadership positively affects financial performance, both directly and indirectly, through the adoption of green technologies, the implementation of sustainability practices, and the reinforcement of effective corporate governance. Green leadership promotes environmentally oriented innovation, enhances resource efficiency, and strengthens corporate reputation, all of which contribute to improved financial results. The study offers theoretical contributions by articulating how sustainability and governance dimensions integrate within green leadership frameworks, and provides practical insights for managers and organizational leaders in developing sustainable financial strategies..
Keywords: Green leadership, financial performance, green technology, corporate governance.
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