Green corporate image: moderating the connection between environmental product innovation and firm performance

Amores‐Salvadó, Javier; Castro, Gregorio Martín de; López, José Emilio Navas

doi:10.1016/j.jclepro.2014.07.059

Cited by 304 publications

(216 citation statements)

References 70 publications

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“…Although performance, including economic performance and environmental performance, is widely used by most prominent literature to measure the business outcome derived from firms' green innovation [2,6,33,34], an improved eco environment cannot be appropriated by the green innovators completely considering the externality feature of environmental issues [2]. Environmental performance may not bring in economic performance directly [34].…”

Section: Green Process Innovation and Firm Benefitmentioning

confidence: 99%

“…These practices are perceived to be sincere by external stakeholders [55]. Firm's image is defined as the current image of the firm in the minds of the public [6]. It always involves the features of the firm that the public perceive [24].…”

Section: Green Process Innovation and Firm Imagementioning

confidence: 99%

“…It can be divided into green product innovation and green process innovation [2][3][4][5][6]. Green product innovation refers to new or modified products aimed at reducing environmental impacts [6] and green process innovation refers to new or modified production equipment, together with methods and procedures that minimize environmental load [3].…”

Section: Introductionmentioning

confidence: 99%

“…The researchers divide green innovator's performance into two dimensions, environmental performance and financial performance [2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21]. A positive relationship between green innovation and environmental performance has been confirmed (e.g., [2,4,10,14]).…”

Section: Introductionmentioning

confidence: 99%

“…However, the relationship between green innovation and economic performance is inconclusive [15][16][17][18][19][20][21]. Some literature supports the hypotheses that green innovation positively affects financial performance (e.g., [14,18]), while others do not (e.g., [6,20,21]). It seems inevitable that green innovation can create a better environmental performance and the innovators may pay more attention to how to appropriate the innovation returns.…”

Section: Introductionmentioning

confidence: 99%

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Green Process Innovation and Innovation Benefit: The Mediating Effect of Firm Image

Hou

Xin

2017

Sustainability

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By evaluating green process innovation and its innovator's benefit including short-and long-term dimensions, we first analyzed the relationship between green process innovation and its benefits. Second, we set up a regression model to test the hypotheses using 267 survey data from coal mining firms in China. Finally, we verified the positive relationship between green process innovation and its long-term benefit, and the non-significant relationship between green process innovation and its short-term benefit, and the mediating effect played by firm image in the long run.

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Section: Green Process Innovation and Firm Benefitmentioning

confidence: 99%

Section: Green Process Innovation and Firm Imagementioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Green Process Innovation and Innovation Benefit: The Mediating Effect of Firm Image

Hou

Xin

2017

Sustainability

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The impact of green innovation on sustainability and financial performance: Evidence from the Jordanian financial sector

Srouji,

Hamdallah,

Al‐Hamadeen

et al. 2023

Bus Strat Dev

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The purpose of this study is to examine the relationship between sustainability performance (SP) and financial performance (FP), based on performance disclosures (reporting) of the Jordanian financial sector for the period of 2017–2020. The study employs green innovation (GI) indicators as moderating and mediating variables; by using hierarchical regression; as means of unlocking and examining the relationship between SP and FP; through the lens of the stakeholder theory. The hierarchical regression findings suggest that GI indicators partially mediate the relationship between SP and FP, but do not demonstrate a moderating effect. As a main result, it is indicated that Jordanian financial institutions may use SP transparency indicators as an incentive variable, which could influence their overall FP. The research also contributes to the existing literature by adding insight into the use of GI indicators in a developing country and the potential impact on financial institutions markets. These findings lend empirical credence to the generally held belief that increase disclosure benefits for both internal and external users.

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Shedding light on the determinants of eco‐innovation: A meta‐analytic study

2018

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In the past decade a stream of studies has analyzed the determinants of eco‐innovation. Four main clusters of drivers have been identified in the literature: “technology push,” “market pull,” “regulatory push‐pull,” and “firm specific factors.” Nevertheless, the empirical quantitative and comparative analysis of those clusters is rare, scattered and inconclusive. This article aims to fill this gap by analyzing the determinants of eco‐innovation on the basis of a meta‐analytic study of quantitative empirical studies published over the period 2006 to 2017—a meta‐analysis which accounts for a total of 211,123 firms. The findings show that firms with collaborative networks and/or more environmental concern are more prone to eco‐innovate, emphasizing the role of “technology push” as the main cluster of determinants, regardless of whether a typology of eco‐innovation is included as a moderator in the meta‐analysis. Based on the results of the meta‐analytic study, the paper discusses several courses of action to foster eco‐innovation and achieve environmental benefits.

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Green corporate image: moderating the connection between environmental product innovation and firm performance

Cited by 304 publications

References 70 publications

Green Process Innovation and Innovation Benefit: The Mediating Effect of Firm Image

Green Process Innovation and Innovation Benefit: The Mediating Effect of Firm Image

The impact of green innovation on sustainability and financial performance: Evidence from the Jordanian financial sector

Shedding light on the determinants of eco‐innovation: A meta‐analytic study

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