IDEAS home Printed from https://ideas.repec.org/a/bla/bstrat/v33y2024i6p5529-5539.html
   My bibliography  Save this article

Regulatory distance and firms' environmental innovation: The role of environmental information disclosure and social trust

Author

Listed:
  • Zhongju Liao
  • Mengnan Zhang

Abstract

Environmental innovation is an important force driving the development of a green and low‐carbon economy, and close supervision can assist the government in guiding firms' environmental innovation behavior. Based on institutional theory, we construct a model of the relationship between regulatory distance, environmental information disclosure, social trust, and firms' environmental innovation. We analyze a sample of 577 private A‐share listed manufacturing companies on the Shanghai and Shenzhen Stock Exchanges from 2012 to 2022 using multiple regression analysis to test the impact of regulatory distance on firms' environmental innovation. We also consider the mediating effect of environmental information disclosure and the moderating effect of social trust. The results show that an increase in regulatory distance has a negative impact on environmental innovation. Environmental information disclosure plays a partial mediating role between regulatory distance and environmental innovation, and social trust can weaken the negative impact of regulatory distance on environmental innovation. We propose various suggestions based on our findings to promote active environmental innovation by firms.

Suggested Citation

  • Zhongju Liao & Mengnan Zhang, 2024. "Regulatory distance and firms' environmental innovation: The role of environmental information disclosure and social trust," Business Strategy and the Environment, Wiley Blackwell, vol. 33(6), pages 5529-5539, September.
    • Handle: RePEc:bla:bstrat:v:33:y:2024:i:6:p:5529-5539
    DOI: 10.1002/bse.3771
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/bse.3771
    Download Restriction: no
    File URL: https://libkey.io/10.1002/bse.3771?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:bstrat:v:33:y:2024:i:6:p:5529-5539. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.