Innovative autocrats? Environmental innovation in public participation in China and Malaysia

Yew, Wei Lit; Zhu, Zhi

doi:10.1016/j.jenvman.2018.12.081

Cited by 26 publications

(12 citation statements)

References 29 publications

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“…Grewatsch and Kleindienst () have stated that 59% of the studies have noted a positive relationship whereas 41% of the studies have reported mixed or insignificant results between the green activities of the firm and its financial performance. The literature, which suggests a positive relationship, state that addressing all environmental concerns can improve the competitive position of the firm because the environmental improvement decreases the production costs and compliance (Chang, ; Ge et al, ; Porter & Van der Linde, ; Yew & Zhu, ). An effective implementation of GIS positively affects the firm's financial performance as it increases productivity, creates a differential advantage, and establishes the firm's reputation (Gotschol, De Giovanni, & Vinzi, ; Kam‐Sing Wong, ; Lin et al, ; Przychodzen & Przychodzen, ).…”

Section: Theoretical Framework and Hypotheses Developmentmentioning

confidence: 99%

Effect of green innovation strategy on firm‐idiosyncratic risk: A competitive action perspective

Lin

Azali

Sambasivan³

et al. 2019

Bus Strat Env

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Despite increasing concern for corporate environmental responsibility in numerous industries, the relationship between green innovation strategy (GIS) and idiosyncratic risk is a rarely scrutinised topic, particularly in the automotive domain. In this study, we empirically explore the association between GIS and idiosyncratic risk and analyse the moderating role played by the firm's competitive action. We rely on the secondary information sourced for 132 top automotive firms, in the period ranging from 2011 to 2017 by applying the system generalised methods of moments estimator to the dynamic panel data model. Our findings indicate that GIS significantly reduces the idiosyncratic risk of all firms, and this relationship strengthens with the increase in the competitive action of the firms. Our evidence supports “it pays to be green” firm heterogeneity argument. This study highlights the academic and managerial implications and focuses on the environmental issues published in environmental management literature.

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Section: Theoretical Framework and Hypotheses Developmentmentioning

confidence: 99%

Effect of green innovation strategy on firm‐idiosyncratic risk: A competitive action perspective

Lin

Azali

Sambasivan³

et al. 2019

Bus Strat Env

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“…Technological innovation played a partial mediating role in the process of environmental regulation promoting citrus GTFP growth, accounting for 13.01% of the total effect. The case study of Malaysia by Yew and Zhu [ 78 ] shows that governmental coercive actions are effective but limited for innovative environmental technologies, and non-coercive actions can fill the gaps in governmental environmental regulations. This non-coercive approach can effectively strengthen citizens’ awareness of environmental protection [ 79 ], leads producers to spontaneously improve production efficiency and environmental protection, while technological innovation, as an ideal way to improve GTFP, is an effective way for environmental regulation to play a role.…”

Section: Resultsmentioning

confidence: 99%

How Does Environmental Regulation Affect the Green Growth of China’s Citrus Industry? The Mediating Role of Technological Innovation

Zhang

Zhong

2022

IJERPH

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Exploring suitable types and intensities of environmental regulations to promote technological innovation and guide industrial green growth is an essential goal for China. This paper uses the SBM super-efficiency model with the GML index to measure the level of green growth in China’s citrus industry from 2008 to 2019, and examines the impact generated by heterogeneous environmental regulations and the mediating effect of technological innovation using a panel Tobit model. The study found that: (1) From 2008 to 2019, the green growth level of the citrus industry has gradually improved, with an average annual growth rate of 2.7%, and the contribution of technical efficiency is more significant than technological progress. (2) The green growth of the citrus industry is closely related to the intensity and type of environmental regulation. The impact of market-incentive environmental regulation has an inverted U-shape, the impact of guidance-based environmental regulation is U-shaped, and the command-and-control environmental regulation has no significant effect. (3) The mediating effect suggests that guidance-based environmental regulation promotes green growth in the citrus industry by stimulating technological innovation. In contrast, market-incentive environmental regulation inhibits technological innovation and thus discourages green growth in the citrus industry. According to the study results, the government should strive to ensure the effective implementation of environmental laws and regulations, optimize the channels and amounts of investment in environmental governance, strengthen environmental protection-related media campaigns, and guide the citrus industry to break through technological bottlenecks to promote green growth.

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“…According to the literature, all environmental difficulties may mend a company’s competitive situation by lowering manufacturing costs and increasing amenability [ 56 , 57 , 58 ]. Green innovation strategy installation that boosts efficiency, generates a competitive gain, and creates the company’s status has a good impression on financial practices [ 55 , 59 , 60 ].…”

Section: Hypothesis Construction and Theoretical Discussionmentioning

confidence: 99%

How Does Green Innovation Strategy Influence Corporate Financing? Corporate Social Responsibility and Gender Diversity Play a Moderating Role

Javeed

Teh

San

et al. 2022

IJERPH

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Global warming is becoming more and more of a concern, leading authorities to take action. The industrial sector is a key contributor to environmental and social problems. Based on stakeholder theory and agency theory, this research proposes that green innovation strategies at the firm level can overcome the industry’s negative environmental impact. As a result, the focus of this research is on green innovation strategies for corporate financing. In addition, this research suggests that corporate social responsibility and gender diversity directly affect corporate financing and their interaction. This study used Chinese 301 manufacturing firms (3010 observations) for the period 2010–2019 for this purpose. This study looks into panel data issues in depth by using approaches such as the fixed effect and generalized method of moment. The feasible generalized least square was employed to increase robustness. Furthermore, green innovation strategies were used for corporate financing. Second, the study discovered that corporate social responsibility aided firm financing. Our findings also imply that corporate social responsibility helps to attenuate the association amid green innovative strategies and corporate financing. Finally, these findings revealed that gender diversity had a favorable effect on corporate financing. Furthermore, this study confirmed that the moderating role of gender diversity is beneficial to green innovative strategies and corporate financing. These findings add to the literature by providing policymakers and regulatory bodies with useful information for advancing sustainable development.

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Innovative autocrats? Environmental innovation in public participation in China and Malaysia

Cited by 26 publications

References 29 publications

Effect of green innovation strategy on firm‐idiosyncratic risk: A competitive action perspective

Effect of green innovation strategy on firm‐idiosyncratic risk: A competitive action perspective

How Does Environmental Regulation Affect the Green Growth of China’s Citrus Industry? The Mediating Role of Technological Innovation

How Does Green Innovation Strategy Influence Corporate Financing? Corporate Social Responsibility and Gender Diversity Play a Moderating Role

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