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The impact of corporate social responsibility on green technology innovation: An empirical study of listed companies in China

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  • Yu, Zuwei
  • Chen, Guangren
  • Pei, Xiangjing
  • Gao, Zhixiong
  • Ding, Yu

Abstract

Using A-share listed manufacturing companies from 2012 to 2021 as a research sample, this paper investigates the impact of CSR on green technology innovation and analyses the mediating role of financing constraints and the moderating effect of executive tenure. The study finds that CSR has a significant role in promoting green technological innovation. CSR can further promote green technological innovation by alleviating financing constraints. Executive tenure has a moderating effect in the process of CSR influencing green technological innovation. Heterogeneity analysis shows that the impact of CSR on green technological innovation is more significant in non-state-owned and large enterprises.

Suggested Citation

  • Yu, Zuwei & Chen, Guangren & Pei, Xiangjing & Gao, Zhixiong & Ding, Yu, 2024. "The impact of corporate social responsibility on green technology innovation: An empirical study of listed companies in China," Finance Research Letters, Elsevier, vol. 66(C).
    • Handle: RePEc:eee:finlet:v:66:y:2024:i:c:s1544612324007293
    DOI: 10.1016/j.frl.2024.105699
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    References listed on IDEAS

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    Cited by:

    1. Kong, Dongmin & Xiang, Genben & Zhu, Ling, 2024. "Innovation-driven development and corporate green innovation," Finance Research Letters, Elsevier, vol. 68(C).

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