Can CSR effectively promote corporate green innovation efficiency?

Xiaoli Hao (), Qingyu Sun (), Ke Li (), Yan Xue () and Haitao Wu ()
Additional contact information
Xiaoli Hao: Xinjiang University
Qingyu Sun: Xinjiang University
Ke Li: Xinjiang University
Yan Xue: Hunan University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2025, vol. 27, issue 7, No 97, 17525-17555

Abstract: Abstract Climate change and environmental pollution have become major problems that threaten the survival of mankind, and it is urgent to integrate ecological and environmental protection into economic development. With deepening social and environmental problems, enterprises are responsible and obligated to promote sustainable development. Therefore, the influence of corporate social responsibility (CSR) on green innovation efficiency (GIE) deserves attention. We use the 10,591 data of A-share listed companies in Shanghai and Shenzhen from 2010 to 2020 to examine the influence of CSR on GIE. The main findings are presented: (1) CSR significantly promotes green innovation efficiency. The promotion role is superior in samples with state ownership, high information transparency, and declining performance. (2) Media attention and executive green cognition play a positive moderating role. (3) CSR increases GIE by alleviating financing constraints, increasing executive compensation, and accumulating redundant resources. (4) Notably, further research indicates that green innovation efficiency significantly improved local ecological situations. This paper proposes recommendations in the conclusion accordingly, such as constructing a CSR governance system.

Keywords: Corporate social responsibility; Corporate green innovation efficiency; Mediation effect; Moderating effect (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10668-024-04632-3 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:27:y:2025:i:7:d:10.1007_s10668-024-04632-3

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

DOI: 10.1007/s10668-024-04632-3

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 ().