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Corporate social responsibility and green innovation: Evidence from mandatory CSR disclosure laws

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  • Mbanyele, William
  • Huang, Hongyun
  • Li, Yafei
  • Muchenje, Linda T.
  • Wang, Fengrong

Abstract

Exploiting the staggered adoption of corporate social responsibility (CSR) disclosure laws as a quasi-natural experiment, we find that firms in countries that adopted CSR disclosure laws increased their green innovation output and quality relative to their counterparts.

Suggested Citation

  • Mbanyele, William & Huang, Hongyun & Li, Yafei & Muchenje, Linda T. & Wang, Fengrong, 2022. "Corporate social responsibility and green innovation: Evidence from mandatory CSR disclosure laws," Economics Letters, Elsevier, vol. 212(C).
    • Handle: RePEc:eee:ecolet:v:212:y:2022:i:c:s0165176522000271
    DOI: 10.1016/j.econlet.2022.110322
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    References listed on IDEAS

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    More about this item

    Keywords

    Corporate social responsibility; Green innovation; Climate mitigation; Corporate governance; Social welfare;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies

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