Moderating Role of ESG in determining the overall performance of UAE based Fintech Companies

Abstract

The purpose of this study is to investigate the factors that influence the financial and operational performance of manufacturing enterprises in the United Arab Emirates after they have integrated their supply chains. Over the last 21 years, developments such as blockchain and crowdsourcing have transformed financial technology (fintech) from a nascent subject to one that is widely accepted. Many view this technology as disruptive, bringing about swift changes in the corporate world. This article looked into an underappreciated component of this rapidly evolving technology: the influence of environmental, social, and governance (ESG) considerations and sustainability concerns within UAE fintech companies. To collect primary data, the study conducted a survey, sending questionnaires to UAE fintech industry professionals. To maintain methodological rigor, the study employed partial least squares structural equation modelling (PLS-SEM) with a large sample size. According to studies, implementing sustainable practices enhances the positive impact of ESG factors on fintech performance. Those in positions of authority and industry knowledge should emphasize the importance of responsible development so that sustainability is a standard aspect of fintech activity. This study highlights the importance of ESG integration and lays the groundwork for future research on this topic, thereby expanding our understanding of fintech. This article emphasizes the importance of sustainable practices in increasing financial performance and analyses how they influence fintech operations