Abstract:

The purpose of this study was to investigate the impact of green financing on corporate governance. In particular, it sought to explore the extent to which different green financing practices influence firm performance, board composition and ownership structure. A survey of 116 employees was conducted. The employees were chosen from leading IT companies who have offices in Pune City, Maharashtra, India. The findings suggest that there is a positive relationship between green financing and corporate governance. Green finance may be beneficial for improving the quality of corporate governance by increasing the transparency and disclosure requirements for firms who engage in such activities. Furthermore, green finance can also help foster better decision-making within companies through increased engagement with stakeholders around environmental issues. The findings of this survey clearly show that green finance has the potential to positively shape corporate governance, engage stakeholders more meaningfully, motivate managerial incentives towards sustainability goals, and guide strategic management decisions with greater consideration for environmental issues

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