March 21, 2024SustainabilityOpen Access

The Impact of Green Innovation on Corporate Performance: An Analysis Based on Substantive and Strategic Green Innovations

View Full Paper

Ask AI

Bookmark

Authors

MLMingxia LiuUniversity of North Carolina at Chapel Hill LLLiqian LiuWuhan University AFAmei FengWuhan University

Discussion

Member takes

Implication

This analysis demonstrates the influence of green innovations on financial and environmental performance in firms, suggesting pathways for transformation.

Key Points

Substantive green innovation significantly enhances financial performance, while strategic green innovation weakens it.
Both types of green innovations consistently improve environmental performance, with strategic innovation being more effective.
Heterogeneity analyses reveal state-owned enterprises experience weaker financial benefits from substantive green innovation and lower negative impacts from strategic innovation. The two-way fixed-effects analysis utilized data from Chinese A-share-listed firms over 11 years, from 2010 to 2021.

Cite This Study

Liu et al. (2024) studied this question.

synapsesocial.com/papers/68e72f63b6db6435876a925c https://doi.org/10.3390/su16062588

View Full Paper

Ask AI

Bookmark

Implication

This analysis demonstrates the influence of green innovations on financial and environmental performance in firms, suggesting pathways for transformation.

The Impact of Green Innovation on Corporate Performance: An Analysis Based on Substantive and Strategic Green Innovations

Discussion

Member takes

Implication

Key Points

Cite This Study

The Impact of Green Innovation on Corporate Performance: An Analysis Based on Substantive and Strategic Green Innovations

Discussion

Member takes

Implication

Key Points

Cite This Study

Also Consider

Also Consider