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Research on Green Innovation Efficiency of ListedChinese Energy Companies Based on Triple Bottom Line

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  • Zhimin Song
  • Na Zhang

Abstract

This paper, based on the panel data, measures the comprehensive efficiency of green innovation, the economic output efficiency of green innovation, the social output efficiency of green innovation, and the environmental output efficiency of green innovation of listed energy companies in China by means of the window DEA model from the perspective of the triple bottom line. Moreover, the impacts of environmental factors and random factors on the green innovation efficiency are analyzed. It is found that firstly, green innovation efficiency of listed Chinese energy companies shows a V-shaped change trend without excluding environmental factors and random factors. Secondly, environmental factors and random factors are the primary factors to promote the green innovation efficiency of energy listed companies in China. Finally, after removing the interference of environmental factors and random factors, comprehensive efficiency of green innovation of the listed energy companies in China is relatively high and the distribution is relatively concentrated, but there is a downward trend during the research period.

Suggested Citation

  • Zhimin Song & Na Zhang, 2020. "Research on Green Innovation Efficiency of ListedChinese Energy Companies Based on Triple Bottom Line," Complexity, Hindawi, vol. 2020, pages 1-15, October.
    • Handle: RePEc:hin:complx:3450471
    DOI: 10.1155/2020/3450471
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    Cited by:

    1. Jaeho Shin & Yeongjun Kim & Changhee Kim, 2021. "The Perception of Occupational Safety and Health (OSH) Regulation and Innovation Efficiency in the Construction Industry: Evidence from South Korea," IJERPH, MDPI, vol. 18(5), pages 1-14, February.
    2. Zhiwen Su & Mingyu Zhang & Jianjun Sun & Wenbing Wu, 2023. "Agribusiness diversification and technological innovation efficiency: A U‐shaped relationship," Agribusiness, John Wiley & Sons, Ltd., vol. 39(2), pages 322-346, March.
    3. Hu, Jinyan & Wang, Kai-Hua & Su, Chi Wei & Umar, Muhammad, 2022. "Oil price, green innovation and institutional pressure: A China's perspective," Resources Policy, Elsevier, vol. 78(C).

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