Purpose
This study aims to examine the role of female managers’ financial literacy on the relationship between fintech and corporate sustainability performance in companies listed on the Tehran Stock Exchange.
Design/methodology/approach
This research has practical objectives and is classified as descriptive-correlational. A survey-based methodology was used, collecting data from male and female senior managers in firms listed on the Tehran Stock Exchange, resulting in 384 valid responses selected for analysis. The analysis was conducted using structural equation modeling, ensuring a robust examination of the relationships between the proposed model’s constructs.
Findings
The results of this study confirm a significant relationship between fintech and corporate sustainability performance (including environmental, economic and social performance). Furthermore, female managers’ financial literacy is highlighted as a key moderator that significantly impacts the relationship between fintech and corporate sustainability performance (specifically environmental performance). Conversely, female managers’ financial literacy does not play a significant moderating role in the relationship between fintech and economic and social performance.
Originality/value
This research enriches theoretical and practical understanding of how the presence of fintech, influenced by financial literacy, enhances sustainability performance outcomes. This study sheds light on the synergy between technology, strategy and organizational success, providing key insights for publicly traded companies facing challenges in the digital age. To date, no comprehensive studies have been conducted in this area, particularly in Iranian-listed companies. This study aims to explore the relative impacts of fintech adoption on sustainability performance, both directly and indirectly through the moderating variable of female managers’ financial literacy.
