Building Green Trust: The Influence of Green Perceived Value and Green Product on Purchase Intentions

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 12

Abstract

Transitioning to a low-carbon energy system is essential to achieving Indonesia's net-zero emission target by 2060. Electric motor vehicles are a strategic solution to reducing greenhouse gas emissions, yet their adoption faces challenges in stimulating public interest. This study investigates the impact of green perceived value and green product on green purchase intention, with green trust as a mediating variable, focusing on electric motor vehicle consumers in Palembang City. Using a quantitative approach, primary data was collected through structured questionnaires from 107 respondents selected via purposive sampling. Data analysis employed Structural Equation Modelling (SEM) with Smart-PLS version 3.2.9. Results show that green perceived value and green product positively influence green trust, which in turn enhances green purchase intention. Green trust also mediates the relationship between the independent variables and purchase intention. Practical implications include improving consumer education, ensuring product quality, and implementing sustainability-focused marketing strategies.

Authors and Affiliations

Budi Bagia , Sefnedi , Listiana Sri Mulatsih,

Keywords

Related Articles

Energy Price Fluctuation and Inflation in Nigeria: A Granger Causality Analysis

The Nigerian economy depends to a reasonable extent on the sale of crude oil for its expenditure. The country also depends on importation for a high level of its consumption. Given these events, this paper set out to inv...

mproving the Accounting of Export-Import and Foreign Exchange Transactions

The article analyzes the theoretical foundations, features, methodology for accounting for foreign exchange transactions during export operations in business entities engaged in export activities. There are also suggest...

Analysis of the Sukuk Market Development in the Countries of The World

Islamic securities sukuk, introduced as a new instrument of the global financial system in the 21st century, have grown rapidly in recent years. Interest in it is growing, as it showed a growth trend even during the glob...

Advanced Supply Chain Planning Systems, Supplier Relationship, Supply Chain Agility and Firm Supply Chain Performance among Selected Manufacturing Firms in Nairobi County, Kenya

Supply chain performances have been touted as improving the performance of organizations which participates in advance planning system. As a result, managers not only have to re-establish their companies to produce highe...

Model Product Innovation and E-Commerce Portal in Management of Batik Craftsman MSMEs Based Industrial Sustainability

The development of the digitalization era requires batik craftsmen MSMEs Seberang Jambi City to innovate through the local industrial sector and prepare themselves to compete globally by increasing production productivit...

Download PDF file
  • EP ID EP753658
  • DOI 10.47191/jefms/v7-i12-52
  • Views 27
  • Downloads 0

How To Cite

Budi Bagia, Sefnedi, Listiana Sri Mulatsih, (2024). Building Green Trust: The Influence of Green Perceived Value and Green Product on Purchase Intentions. Journal of Economics, Finance and Management Studies, 7(12), -. https://europub.co.uk./articles/-A-753658