Navigating sustainable growth: Green innovation as a mediator between CSR Engagement and firm value in emerging markets

Key Points

• A significant correlation exists between CSR engagement and firm value, indicating that responsible practices can enhance economic growth.
• Green innovation acts as a mediator in the relationship, influencing how CSR efforts affect firm value.
• The study explores emerging markets, where sustainable practices are increasingly important for growth and competitiveness.
• Findings support integrating green innovation strategies to boost firm value through better CSR engagement.