Do green concerns promote corporate green innovation? Evidence from Chinese stock exchange interactive platforms

Haidong Li, Ziming Qian, Shanyong Wang, Jing Wang and Qian Wang

Managerial and Decision Economics, 2023, vol. 44, issue 3, 1786-1801

Abstract: How to inspire firms to conduct green innovation is still an under‐explored question. This study finds that the green concerns of minority shareholders can significantly promote firms to conduct green innovation. Mechanism tests reveal that green concerns promote firm green innovation by increasing media attention and reducing financing constraints. Further research shows that the positive effect of green concerns of minority shareholders on green innovation is more significant for companies with high competition, more effective internal controls, and high public involvement at the location. Based on the findings, policy implications of promoting corporate green innovation are discussed.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.1002/mde.3783

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:wly:mgtdec:v:44:y:2023:i:3:p:1786-1801

Access Statistics for this article

Managerial and Decision Economics is currently edited by Antony Dnes

More articles in Managerial and Decision Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().