Exploring the impact of environmental regulations and green innovation on corporate investment and cash management: evidence from Asian economies
Umar Farooq,
Jakkrit Thavorn,
Mosab I. Tabash
Abstract:PurposeThis study explores the complex interaction of environmental policies on corporate cash and capital investment decisions.Design/methodology/approachThe study utilizes a 10-year dataset from 2010 to 2019, comprising publicly listed firms from 10 prominent Asian countries. The analysis was conducted by employing the System GMM.FindingsThe regression has revealed that most of the business investments are negatively affected by environmental regulation (ENR), while green innovation (GNI) is positively signi… Show more
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