Can the social trust promote corporate green innovation? Evidence from China

Can Corporate Digitalization Promote Green Innovation? The Moderating Roles of Internal Control and Institutional Ownership

“…The compelling effect of the external environment on corporate green innovation is also reflected in the pressure from stakeholders to adopt environmental responsibility behaviors; these environmental protection demands of stakeholders are also the main factors stimulating corporate green innovation [14]. Bai et al [13] found that government research and development (R&D) subsidies can promote the green innovation performance of energy-intensive enterprises, and Pan et al [1] discussed the determinants of green innovation from the perspective of social trust. Recent literature shows that organizational characteristics can play a pivotal role in determining corporate green innovation [3].…”

“…Referring to Pan et al [1] and Chen et al [52], we used green patent applications to measure corporate green innovation because patent application data are more stable, reliable, and timely than patent grant data. Patent applications provide detailed information about the key characteristics of an underlying invention, which helps classify innovations according to their technical content [3].…”

“…In recent decades, environmental problems caused by global warming have worsened, and the relationship between human beings and the natural environment has become one of the foremost global issues. Environmental pollution and ecological damage are generally attributed to corporate production and operational activities [1]. Green innovation substantially reduces the adverse impacts on the environment [2] and promotes the adoption and diffusion of environmental technologies at the industrial and national levels [3].…”

“…Green innovation substantially reduces the adverse impacts on the environment [2] and promotes the adoption and diffusion of environmental technologies at the industrial and national levels [3]. Therefore, green innovation not only reduces pollution outputs [4] but also produces positive externalities [5] and is regarded as reference for companies to balance profitability and environmental responsibility [1]. As global climate warming, oil crises, water pollution, haze, and other environmental problems are becoming increasingly problematic, the public's awareness of environmental protection is increasing, and the social demands for environmental protection of companies are becoming stricter.…”

“…China's extensive development model of high investment, pollution, and consumption in recent decades has caused serious environmental pollution problems [1]. It is urgent for China to shift from an extensive factor input growth model to a green growth model driven by total factor productivity [16].…”