Green Finance as a Strategic Enabler of Sustainable Mergers and Acquisitions Structuring and Financing

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🔬研究者:Provides empirical evidence on the mediating and moderating mechanisms linking green finance to sustainable M&A performance.

🏢実務担当者:Highlights the strategic value of green finance and ESG disclosure in structuring and financing sustainable M&A deals.

🏛政策担当者:Suggests that regulatory support and ESG disclosure requirements can strengthen the positive impact of green finance on sustainable M&A.

Green finance has become important, with a growing focus on environmental sustainability and responsible investment, which has redefined mergers and acquisitions (M&A) and established green finance as a strategic tool for long-term corporate value creation. This study explores the direct and indirect impacts of green finance on the performance of sustainable M&A and how green finance can facilitate sustainable M&A structuring and financing. The study is based on Stakeholder Theory, Resource-Based View (RBV) and Institutional Theory, which serve as the basis for the conceptual framework that is developed, in which Sustainable M&A Structuring and M&A Financing Efficiency are seen as sequential mediators, while Regulatory Support and ESG Disclosure Quality are seen as moderators. A quantitative research design was used and the primary data gathered were obtained by using a structured questionnaire which was administered to the respondents who were professionals in the investment banks, commercial banks, financial institutions, consulting firms and corporate finance departments. A total of 320 valid responses were analyzed with the Partial Least Squares Structural Equation Modeling (PLS-SEM) software, SmartPLS 4. The results indicate that green finance has significant positive effects on sustainable M&A structuring and sustainable M&A performance. The results show that green finance has significant positive influence on sustainable M&A structuring and directly influences the sustainable M&A performance (β = 0.672, p < 0.001; β = 0.286, p < 0.001, respectively). Sustainable M&A Structuring positively impacts M&A Financing Efficiency (β = 0.604, p < 0.001) which positively affects sustainable M&A performance (β = 0.481, p < 0.001). The mediation analysis confirms the partial mediation of the relationship between green finance and sustainable M&A performance of Sustainable M&A Structuring and M&A Financing Efficiency. In addition, the positive link between green finance and sustainable M&A structuring becomes significantly stronger in the presence of Regulatory Support and ESG Disclosure Quality. The structural model has good explanatory power and accounts for 68.4% of the variance in the sustainable performance of M&A. The study makes a valuable contribution to the field of sustainable finance by confirming that green finance is not just an alternative source of financing but also a strategic means of enabling sustainable mergers and acquisitions. The results have important implications for corporate managers, investors, financial institutions, and policy makers interested in bringing sustainability to the acquisition process and improving long-term organizational performance and sustainable development and climate goals at the global level.

• semanticscholar https://policyjournalofms.com/index.php/6/article/download/2452/2376first seen 2026-08-12 05:24:07 · last seen 2026-08-13 05:33:43