Green innovation and cross-border strategic alliance announcements: Evidence from China

Wanli Li and Xinyue Zhang

Finance Research Letters, 2023, vol. 58, issue PB

Abstract: This paper investigates how corporate green innovation affects the formation of cross-border strategic alliances. The results show that firms in China developing green innovation have a greater chance of forming cross-border strategic alliances. This positive effect is more pronounced for Chinese firms with environmental disclosure and located in cities with stricter environmental regulations. Our study sheds light on how green innovation affects the formation of cross-border strategic alliances and has important implications for Chinese firms seeking to build a cross-border strategic alliance.

Keywords: Green innovation; Cross-border strategic alliance; Environmental disclosure; Environmental regulation (search for similar items in EconPapers)
JEL-codes: G34 L22 M14 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612323007262
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:58:y:2023:i:pb:s1544612323007262

DOI: 10.1016/j.frl.2023.104354

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().