INVESTIGATE THE MEDIATION IMPACT OF CORPORATE FINANCIAL EFFICIENCY ON THE RELATIONSHIP BETWEEN TRANSPARENCY, FINANCIAL RISK AND SOCIALLY RESPONSIBLE INVESTMENTS WITH CORPORATE REPUTATION IN THE RENEWABLE ENERGY SECTOR

DOI: https://doi.org/10.5281/zenodo.20893283

Authors:

Bhanupriya N, Dr. D. Krishna Kumar

Keywords:

Corporate financial efficiency, transparency, financial risk, socially responsible investments, corporate reputation

Abstract:

Purpose: This study aims to extend the stakeholder theory by investigating the direct impact of transparency, financial risk, and socially responsible investments on corporate reputation. Additionally, in this study, we examine the mediation impact of corporate financial efficiency on the relationship between transparency, financial risk, and socially responsible investments on corporate reputation. Methodology: The population consists of all employees and managers in the financial management in the renewable energy sector in New Bengaluru. We used a questionnaire method to collect our study data (Likert Five-point scale). In addition, we utilized SMART-PLS analysis to examine the relationship between the study variables and the real. Results: The results confirmed that Transparency has a significant relationship with corporate reputation. In the same way, Corporate financial efficiency does not mediate the relationship between transparency and corporate reputation. Financial risk has a significant relationship with corporate reputation. In addition, Corporate financial efficiency mediates the relationship between financial risk and corporate reputation. Furthermore, socially responsible investments have a significant relationship with corporate reputation. On the other hand, Corporate financial efficiency does not mediate the relationship between socially responsible investments and corporate reputation. Whereas Corporate financial efficiency has a significant relationship with corporate reputation. Originality: This study extends the stakeholder theory by demonstrating how Transparency and socially responsible investments function as ethical instruments by which organizations exhibit responsibility and responsiveness to stakeholder expectations.

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