FinTech adoption and corporate greenwashing : a technology affordance perspective

Sun, Zhe and Liu, Lei and Johan, Sofia and Zhao, Liang (2024) FinTech adoption and corporate greenwashing : a technology affordance perspective. British Journal of Management. ISSN 1045-3172 (In Press) (https://doi.org/10.1111/1467-8551.12879)

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Abstract

Affordance theory suggests that technology offers certain opportunities or “affordances” that can be exploited by users. In this context, we are exploring how FinTech adoption provides opportunities to address corporate greenwashing. Drawing on an affordance perspective, we assert that FinTech adoption effectively inhibits corporate greenwashing behavior, primarily through facilitating green innovation and improving managerial ef-ficiency. We also contend that the impact of FinTech adoption on reducing greenwash-ing behavior is not uniform across all industries. It is more pronounced in heavy-polluting industries, indicating that FinTech has a greater effect in encouraging accurate disclosure of environmental information in environmentally sensitive sectors. Conversely, its impact is weaker in high-tech industries, which might already have strong environmental commitments. The findings contribute to the literature on sustain-ability, FinTech, and governance

ORCID iDs

Sun, Zhe, Liu, Lei, Johan, Sofia and Zhao, Liang ORCID logoORCID: https://orcid.org/0000-0001-8481-9926;