| Title | The impact of corporate environmental responsibility on green technology innovation: An empirical analysis of listed companies in China's construction industry |
|---|---|
| ID_Doc | 30754 |
| Authors | Xu, JW; Liu, SX |
| Title | The impact of corporate environmental responsibility on green technology innovation: An empirical analysis of listed companies in China's construction industry |
| Year | 2023 |
| Published | |
| Abstract | How to enhance competitiveness in the green building market and achieve green sustainable development is a challenge that construction industry enterprises face. To explore the impact and mechanism of corporate envi-ronmental responsibility (CER) on green technology innovation (GTI), this article selects data from listed con-struction companies in the Shanghai and Shenzhen A-share from 2011 to 2020 for empirical analysis. The results show the following: (1) Improving the level of CER in the construction industry can promote GTI. (2) Financing constraints only mediate the impact of CER on strategic GTI and have no effect on real GTI. (3) The educational background of the executive team positively moderates the promotion of CER on GTI. (4) The ownership nature of state-owned enterprises exhibits a negative moderating effect on CER's influence on strategic GTI, while its moderating effect on real GTI is not significant. (5) Media attention positively moderates the promotion effect of CER on strategic GTI, while its promotion effect on real GTI is not significant. After potential endogeneity issues are considered and a series of robustness tests is conducted, these conclusions still hold. The research findings help reveal the relationship between CER and GTI and provide references from the perspective of environmental responsibility for promoting the sustainable development of enterprises. |
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