| Title |
The short and long-term effects of cross-border M&A network on Chinese enterprises' green innovation |
| ID_Doc |
29384 |
| Authors |
Ding, YB; Li, J; Tian, YQ |
| Title |
The short and long-term effects of cross-border M&A network on Chinese enterprises' green innovation |
| Year |
2024 |
| Published |
|
| DOI |
10.1016/j.econmod.2024.106704 |
| Abstract |
How does cross -border mergers and acquisitions (M&A) network affect green innovation? To achieve pollution management and circular economy development, green innovation is the key path. However, little literature investigated the influence of cross -border M&A on green innovation from a network perspective. Using Chinese listed companies and an original database sourced from Zephyr of cross -border M&A deals from 2009 to 2019, this paper examines the short and long-term impact of the network on green innovation of Chinese corporations. It is suggested that the network plays a positive role in green innovation, which is not pronounced in the short term, but obvious in the long run. We further demonstrate that the long-term facilitating role is more evident for large enterprises, heavily polluting enterprises, non -high-tech enterprises, enterprises with deep knowledge base, and enterprises without myopic managers. Moreover, the long-term positive impact of cross -border M&A network on green innovation is augmented by corporate environmental responsibility and mitigated by government environmental protection subsidies. |
| Author Keywords |
Cross-border M&A network; Cross-border M&A Green innovation; Short-term effect; Long-term effect |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:001210112900001 |
| WoS Category |
Economics |
| Research Area |
Business & Economics |
| PDF |
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