| Title | Eco-innovation and business performance in emerging and developed economies |
|---|---|
| ID_Doc | 74120 |
| Authors | Santos, DFL; Rezende, MDV; Basso, LFC |
| Title | Eco-innovation and business performance in emerging and developed economies |
| Year | 2019 |
| Published | |
| Abstract | This study initially explored 323 sustainability reports certified by the Global Reporting Initiative. The aim was to evaluate, at the company level, the structure of eco-innovation of firms established in developed and emerging countries and the influence of eco-innovation on the financial performance of those companies during the 2012-2014 period. A sample of 231 companies was collected, 58 from emerging countries and 173 from developed countries. The methodology was based on structural equation modeling and regression with panel data. The study revealed that nearly all environmental and social eco-innovation variables were significant in their respective dimensions in the developed countries, whereas in the emerging countries, only two environmental and social variables were significant, thus highlighting the more advanced stage of eco-innovation in developed countries. The results of the regression with panel data indicated that the environmental and social variables were significant only for return on sales (ROS) and differed between companies located in emerging and developed countries. (C) 2019 Elsevier Ltd. All rights reserved. |
Similar Articles
| ID | Score | Article |
|---|---|---|
76032
|
Medina, HRB; Ruben, G; Campoverde, RE; Paredes-Aguirre, MI Eco-Innovation and Firm Performance: Evidence from South America(2022)Sustainability, 14, 15 | |
| 74043
|
Munodawafa, RT; Johl, SK Eco-Innovation And Firm Performance: Is Leadership The Game Changer?(2018) | |
| 31813
|
Almeida, F; Wasim, J Eco-innovation and sustainable business performance: perspectives of SMEs in Portugal and the UK(2023)Society And Business Review, 18, 1 | |
| 20694
|
Pérez, GL; Sánchez, IMG; Gómez, JLZ A systematic literature review and bibliometric analysis of eco-innovation on financial performance: Identifying barriers and drivers(2024)Business Strategy And The Environment, 33, 2 | |
| 67671
|
Khalil, MA; Khalil, R; Khalil, MK Environmental, social and governance (ESG)-augmented investments in innovation and firms' value: a fixed-effects panel regression of Asian economies(2024)China Finance Review International, 14, 1 | |
| 2744
|
Johl, SK; Abu Toha, M The Nexus between Proactive Eco-Innovation and Firm Financial Performance: A Circular Economy Perspective(2021)Sustainability, 13, 11 | |
| 76132
|
Michalski, M; Montes-Botella, JL; Piedra, WG Eco-innovation and performance of SMEs in Ecuador(2023)Academia-Revista Latinoamericana De Administracion, 36, 3 | |
| 70478
|
García-Granero, EM; Piedra-Muñoz, L; Galdeano-Gómez, E Eco-innovation measurement: A review of firm performance indicators(2018) | |
| 6860
|
Scarpellini, S; Marín-Vinuesa, LM; Portillo-Tarragona, P; Moneva, JM Defining and measuring different dimensions of financial resources for business eco-innovation and the influence of the firms' capabilities(2018) | |
| 30611
|
Fernando, Y; Wah, WX The impact of eco-innovation drivers on environmental performance: Empirical results from the green technology sector in Malaysia(2017) |