Does green innovation enhance corporate social responsibility? ——Evidence from China

Jingwei Zhang and Haijuan Leng

Finance Research Letters, 2025, vol. 72, issue C

Abstract: The combination of green innovation (GI) and corporate social responsibility (CSR) can help promote sustainable development of enterprises, enhance corporate social image and competitiveness, and at the same time have a positive impact on the upgrading and transformation of the entire industry. This paper introduces empirical analysis methods to reveal that there is a significant positive correlation between green innovation and social responsibility, especially in economically developed areas in context of China. The study indicates that corporate performance plays an intermediate effect in the process of GI improving the level of CSR fulfillment. The conclusions offer empirical reinforcement to our comprehension of the intricate relationship between GI and CSR, effectively bridging the research gap and serving as a robust reference for the development of future sustainable development strategies.

Keywords: Green innovation; Social responsibility; Corporate performance; Agency cost (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:72:y:2025:i:c:s154461232401554x

DOI: 10.1016/j.frl.2024.106525

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