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The synergistic effect of corporate social responsibility and ESG disclosure on green innovation: evidence from least developed countries

Author

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  • Murad Baqis Hasan
  • Ruchita Verma
  • Dhanraj Sharma
  • Ahmed Alaqel

Abstract

Existing literature frequently indicates a positive relationship between corporate social responsibility (CSR) and green innovation (GI), yet findings are not definitive. Furthermore, the potential moderating influence of environmental, social, and governance (ESG) disclosure has not received adequate attention. Therefore, this study aims to explore the moderating role of ESG disclosure in the relationship between CSR and GI among manufacturing SMEs in least developed countries, such as Yemen. To this end, data was collected from 227 Yemeni SME managers/owners and analyzed using SEM-PLS via SmartPLS. The results revealed a positive relationship between CSR and GI. Importantly, ESG disclosure moderates the CSR-GI relationship. These findings have theoretical and practical implications, which are discussed alongside suggestions for future research directions.

Suggested Citation

  • Murad Baqis Hasan & Ruchita Verma & Dhanraj Sharma & Ahmed Alaqel, 2024. "The synergistic effect of corporate social responsibility and ESG disclosure on green innovation: evidence from least developed countries," Cogent Business & Management, Taylor & Francis Journals, vol. 11(1), pages 2396051-239, December.
  • Handle: RePEc:taf:oabmxx:v:11:y:2024:i:1:p:2396051
    DOI: 10.1080/23311975.2024.2396051
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