How Do Dynamic Capabilities Enable a Firm to Convert the External Pressures into Environmental Innovation? A Process-Based Study Using Structural Equation Modeling DOI Creative Commons
Jin Xiao-yan, Daegyu Yang, Mooweon Rhee

и другие.

Systems, Год журнала: 2024, Номер 12(12), С. 561 - 561

Опубликована: Дек. 14, 2024

Recently, dealing with environmental issues has emerged as a critical part of various corporate social responsibility activities. To effectively address the problems along their generic purposes increasing competitive advantages, firms pay attention to innovation. Despite growing importance innovation for achieving there remains significant gap in understanding how actually accomplish this This study aims fill by leveraging Teece’s theoretical framework identify three key components dynamic capabilities—sensing, seizing, and reconfiguring—that facilitate development an effective managerial system. Specifically, proposes that sensing seizing guide firm correctly respond external requests so may incorporate pressure outcomes, while reconfiguring leads directly realization Using Korean Innovation Survey includes direct questions about innovation, we construct structural equation model, PLS-SEM, test our hypotheses, findings support all hypotheses. The contributions implications are discussed based on findings, some limitations methodology also addressed.

Язык: Английский

How do government R&D subsidies affect corporate green innovation choices? Perspectives from strategic and substantive innovation DOI
Shikuan Zhao, Wajih Abbassi, Ahmed Imran Hunjra

и другие.

International Review of Economics & Finance, Год журнала: 2024, Номер 93, С. 1378 - 1396

Опубликована: Апрель 3, 2024

Язык: Английский

Процитировано

45

ESG rating divergence and corporate green innovation DOI
Jian Zhou, Xiaodong Lei, Jianglong Yu

и другие.

Business Strategy and the Environment, Год журнала: 2023, Номер 33(4), С. 2911 - 2930

Опубликована: Дек. 1, 2023

Abstract This study empirically examines whether and how ESG rating divergence affects corporate green innovation. Using a sample of Chinese listed companies, we find that has positive impact on The results still hold after several robustness checks. Furthermore, the innovation is more pronounced in companies with higher resource advantages independent directors media attention. We then discuss economic consequences as response to divergence. suggest this responsiveness generates an insurance‐like effect, where leverage buffer against risks related Overall, our provides novel evidence can stimulate innovation, which sheds light substantial ratings sustainability.

Язык: Английский

Процитировано

42

The Impact of Green Innovation on Corporate Performance: An Analysis Based on Substantive and Strategic Green Innovations DOI Open Access
Mingxia Liu, Liqian Liu,

Amei Feng

и другие.

Sustainability, Год журнала: 2024, Номер 16(6), С. 2588 - 2588

Опубликована: Март 21, 2024

Green innovation is a new approach to achieving sustainable social development. Examining whether firms can reap the rewards of this costly and risky endeavor essential assessing they sustainably adhere green strategy. This study was conducted on sample Chinese A-share-listed from 2010 2021 employed two-way fixed-effects approach. We found that substantive strategic innovations significantly impact firms’ financial environmental performance. Specifically, leads significant improvement in performance, while weakens performance; both types lead with being more effective regard compared innovation. Moreover, our heterogeneity analyses showed has weaker effect improving performance state-owned enterprises (SOEs) regions higher government concerns; similarly, SOEs, detrimental The findings provide substantial evidence for promoting transformation upgrading enterprises.

Язык: Английский

Процитировано

11

Family Embeddedness Is Detrimental to Going Green: Family Involvement and Green Strategies DOI Open Access
Asif Ali,

Zunhuan Shen,

Pengbei An

и другие.

Business Strategy and the Environment, Год журнала: 2025, Номер unknown

Опубликована: Фев. 11, 2025

ABSTRACT We investigate the intensely debated but unexplored question of how family involvement affects corporate green strategies. Employing a dataset 4750 firm‐year observations over period 2015–2021 Chinese A‐listed firms, our empirical findings indicate that has negative and significant relationship with These outcomes are consistent socio‐emotional wealth (SEW) “dark side.” Our suggest this is strengthened in highly polluted firms. Furthermore, we employ series additional checks, namely, alternative measures, endogeneity test, count data models, future impact explanatory variable lag by one period, sample change heterogeneity all these tests show baseline remain robust after employing tests. The given study crucial theoretical practical implications for regulators, policymakers practitioners, especially because it provides key insights into inside stakeholders To promote environmental efforts family‐involved ought to enact legislation or specific incentives. When assessing company's sustainability commitment, investors should also take consideration.

Язык: Английский

Процитировано

2

Sustainable Growth: Unveiling the Impact of Government Attention on Corporate Environmental Performance DOI Open Access
Xian Zheng, Zizhen Huang, Kangqi Jiang

и другие.

Business Ethics the Environment & Responsibility, Год журнала: 2025, Номер unknown

Опубликована: Март 18, 2025

ABSTRACT With the ongoing development of ecological civilization and advancing state governance, governments focus increasingly on environmental issues to foster low‐carbon development. We define government attention (GEA) by aggregating analyzing textual data extracted from work reports 2008 2020, using web scraping expanding vocabulary with Word2Vec model. This study examines impact GEA corporate performance (CEP), datasets A‐share listed corporations in Shanghai Shenzhen. Our findings reveal a significant positive relationship between CEP, which remains robust after addressing endogeneity concerns conducting various sensitivity tests. Mechanistic analysis indicates that enhances CEP strengthening penalties, directing financial resources toward less polluting firms, raising managerial green awareness. Heterogeneity suggests GEA's effects are more pronounced cities extensive digital procurement. Further shows capital market responds positively GEA, enhancing stock liquidity, institutional investor holdings, long‐term returns, overall firm value. These provide critical insights for policymakers sustainable practices

Язык: Английский

Процитировано

1

Does public environmental concern cause pollution transfer? Evidence from Chinese firms' off-site investments DOI
Zhiwei Wang, Hui Sun,

Chenxin Ding

и другие.

Journal of Cleaner Production, Год журнала: 2024, Номер 466, С. 142825 - 142825

Опубликована: Июнь 10, 2024

Язык: Английский

Процитировано

9

The impact of the digital economy on green innovation: the moderating role of fiscal decentralization DOI
Minjie Li,

Mengjun Meng,

Yihui Chen

и другие.

Economic Change and Restructuring, Год журнала: 2024, Номер 57(2)

Опубликована: Фев. 16, 2024

Язык: Английский

Процитировано

8

Impact of local government environmental attention on corporate total factor productivity: Evidence from 288 Chinese cities DOI
Jia Wang, Zhiwei Zhang, Bin Su

и другие.

Journal of Environmental Management, Год журнала: 2025, Номер 374, С. 124052 - 124052

Опубликована: Янв. 8, 2025

Язык: Английский

Процитировано

1

The daughter effect and green innovation: Evidence from China DOI

Huailing Xie,

Xiaodong Xu,

Yuan‐Teng Hsu

и другие.

International Review of Financial Analysis, Год журнала: 2025, Номер unknown, С. 103968 - 103968

Опубликована: Янв. 1, 2025

Язык: Английский

Процитировано

1

The impact of corporate social responsibility on green innovation: do industry, data type and region matter? a meta-analysis research DOI Creative Commons
Hasan Emin Gürler

Environment Development and Sustainability, Год журнала: 2024, Номер unknown

Опубликована: Авг. 7, 2024

Abstract This study aims to explore the relationship between corporate social responsibility (CSR) and green innovation due fragmented inconsistent findings in previous research. To achieve this, a meta-analysis is conducted on 29 peer-reviewed articles. The aim unravel overall CSR identify potential factors that may influence this relationship, such as industry, data type, region. author’s results concluded robust remains consistent strong, whether manufacturing or other industries. Moreover, outcomes indicate research based primary demonstrates more than secondary studies. also bring attention regional differences innovation, with studies North America displaying most notable influence. represents first-ever comprehensive meta-analytic investigation into innovation.

Язык: Английский

Процитировано

4