EFFECT OF GREEN FINANCIAL PLANNING ON CORPORATE FINANCIAL SUSTAINABILITY OF MANUFACTURING FIRM SOUTHEAST NIGERIA
Keywords:
Corporate, Financial, Green, Planning, Sustainability.Abstract
The study examined the effect of green financial planning on the corporate financial sustainability of manufacturing firms in southeast Nigeria. The particular goals are to assess the impact of Retirement Planning on corporate financial sustainability and evaluate the effect of Investment Planning on the corporate financial sustainability of manufacturing firms in Southeast Nigeria. For the study, a survey research design was chosen. Data was gathered using a five-point Likert scale and a structured questionnaire approach. Purposive sampling was used in the sampling process. The hypothesis was tested using Smart PLS version 4.0. Structural equation models were analyzed using SmartPLS 4.0. The result revealed indicating there is a statistically significant favorable effect of retirement planning and investment planning on the corporate financial sustainability of manufacturing firms in southeast Nigeria. We concluded that green financial planning has a significant positive effect on the corporate financial sustainability of manufacturing firms in southeast Nigeria. The study recommended that Manufacturing firms should develop comprehensive green financial strategies that encompass retirement planning and investment planning alongside other aspects of financial decision-making.
