Abstract
Abstract In this study, the key drivers of sustainability commitment, green supply chain management, big data integration and green human resource practice are explored, and the impact of these sustainable capabilities on the environmental and financial performance of banks is also elaborated. In addition, the influence of green management practices on integrating big data technology into operations is presented. As for the concept of dynamic ability, it has been used to recommend and empirically test conceptual models. Data were collected through a self-administrated survey questionnaire on 317 people working in 37 banks in six Asian countries. Research suggests that big data analytics strategies have an impact on internal processes and on the stability and financial performance of banks. Besides, it is indicated that banks are committed to proper data monitoring of their customers to complete operational efficiency and sustainability goals. Furthermore, our result proved that banks practicing Green Innovation strategies experience better environmental and economic performance because their employees are already trained in Green HR. Finally, from our study, it was found that internal and external green supply chain management practices have a positive effect on the environmental and financial performance of banks, thus ensuring that the bank of Association of Southeast Asian Nations (ASEAN) mitigates the environmental impact through its operations and ultimately experiences an increase in financial performance.
Highlights
The rise of Big Data (BD) brings the financial innovation opportunities as well as challenges[1]
5.1 Conclusion This study aims to examine how Association of Southeast Asian Nations (ASEAN) banks are driven to develop Sustainable Capabilities (SCs) through their commitment, Big Data Technology (BDT) integration, green human resource management (GHRM) practices, and green supply chain management (GSCM), and further analyze how these banks leverage these constructs to improve their economics and Environmental Performance (EP)
The current study has measured the impacts of GHRM practices on the integration of BDT with banks operational processes to strengthen the relationship between internal and external GSCM practices and their influence on banks sustainable performance
Summary
The rise of Big Data (BD) brings the financial innovation opportunities as well as challenges[1]. The advent of BD has brought solace for humans and societies in numerous ways. Modern-day uncertainties confronted by human beings can effectively be reduced using BD[2] that is going to stay. Its Environmental and Social (E&S) consequences and the sustainability of BD should be further investigated[3]. Corbett[4] contends that the revelation of BD revolution has created new opportunities by increasing the awareness of E&S impacts on supply chains and the concomitant potential to improve along these dimensions. BD potentially affects the businesses that warrant an analysis on the implications vis– vis organizational response, prospects, and challenges of environmentally-sustainable business
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