How green-friendly practices and environmental disclosure affect the technological capability of the firm

Rizwan Ullah () and Weiwei Wu ()
Additional contact information
Rizwan Ullah: Harbin Institute of Technology
Weiwei Wu: Harbin Institute of Technology

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2023, vol. 25, issue 2, No 12, 1276-1300

Abstract: Abstract Global environmental issues arise because certain companies pursue rapid growth at the cost of significant resource use and degrading the environment. Under these circumstances, the stakeholders rapidly required companies to adopt green-friendly practices. This study investigates how green-friendly practices and environmental disclosure supported technological capability, and then further discusses the moderating effect of environmental disclosure on the relationship among green-friendly practices and technological capability. From 2008 to 2017, using a dataset of 1487 observations from Pakistan’s listed manufacturing firms, the findings found that green-friendly practices and environmental disclosure had a positive effect on technological capability and also that the interaction of green-friendly practices and environmental disclosure had a positive effect on the degree to which the green-friendly practices of the firm could achieve its maximum potential for technological capability. According to our empirical results, the variables are positively and significantly correlated in the long run. The results suggested that green-friendly practices positively impact the firm's technological capability. The findings also indicate that environmental disclosure has a positive influence on green-friendly practices and moderates the relationship between green-friendly practices and the firm's technological capability. Green-friendly practices can also help improve environmental quality by promoting investment in energy-efficient technology to boost domestic manufacturing while minimizing environmental degradation. The results of this study will advance the research on environmental governance and provide a new route for future research.

Keywords: Green-friendly practices; Environmental disclosure; Technological capability (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://link.springer.com/10.1007/s10668-021-02094-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:endesu:v:25:y:2023:i:2:d:10.1007_s10668-021-02094-5

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-021-02094-5

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().