IDEAS home Printed from https://ideas.repec.org/a/pkp/frmrev/v11y2025i1p37-71id4076.html
   My bibliography  Save this article

Greenwashing within the context of financial technology and sustainable development: Conceptual frameworks and theoretical perspectives

Author

Listed:
  • Tipon Tanchangya
  • Asif Raihan
  • Md Rakib Mia
  • Ummah Tafsirun
  • Kamron Naher
  • Naimul Islam
  • Fahad Rashid
  • Shoaibur Rahman Sarker

Abstract

The study aims to explore the greenwashing phenomenon in the context of FinTech and sustainable development and analyze the conceptual frameworks and theoretical perspectives that connect greenwashing, FinTech, and sustainable development. A qualitative approach was employed in this research, which was primarily based on secondary data. The findings show that FinTech significantly contributes to sustainability by promoting environmental conservation, economic growth, and financial inclusion across various SDG domains. Additionally, the theoretical perspectives examine key theories (stakeholder theory, legitimacy theory, signaling theory, and institutional theory) and highlight how greenwashing practices might influence the FinTech sector. Furthermore, this study draws attention to the potential economic, social, and environmental impact of greenwashing on FinTech. Finally, the study offers valuable insights for strategy formulation to prevent companies from making misleading environmental claims. Above all, the present study makes a substantial contribution to the ongoing debate regarding the links between greenwashing, FinTech, and sustainable development.

Suggested Citation

  • Tipon Tanchangya & Asif Raihan & Md Rakib Mia & Ummah Tafsirun & Kamron Naher & Naimul Islam & Fahad Rashid & Shoaibur Rahman Sarker, 2025. "Greenwashing within the context of financial technology and sustainable development: Conceptual frameworks and theoretical perspectives," Financial Risk and Management Reviews, Conscientia Beam, vol. 11(1), pages 37-71.
    • Handle: RePEc:pkp:frmrev:v:11:y:2025:i:1:p:37-71:id:4076
    as

    Download full text from publisher

    File URL: https://archive.conscientiabeam.com/index.php/89/article/view/4076/8441
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pkp:frmrev:v:11:y:2025:i:1:p:37-71:id:4076. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dim Michael (email available below). General contact details of provider: https://archive.conscientiabeam.com/index.php/89/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.