| Title |
Corporate Social Responsibility Information Disclosure and Financial Performance: Is Green Technology Innovation a Missing Link? |
| ID_Doc |
30453 |
| Authors |
Li, L; Wang, YH; Sun, HP; Shen, HH; Lin, Y |
| Title |
Corporate Social Responsibility Information Disclosure and Financial Performance: Is Green Technology Innovation a Missing Link? |
| Year |
2023 |
| Published |
Sustainability, 15, 15 |
| DOI |
10.3390/su151511926 |
| Abstract |
Corporate social responsibility information disclosure integrates environmental and social practices to achieve sustainable development. Some studies have pointed out that promoting green technology innovation is essential for energy-intensive firms. Therefore, exploring the relationship between energy-intensive environmental information disclosure and green technology innovation and financial performance is essential. According to the generalized least squares with fixed model analysis results based on energy-intensive industry firms, the research findings are as follows: firstly, the disclosure information of corporate social responsibility has a significant effect on enterprises' ROA. Secondly, there is a positive relationship between the shareholder responsibility score and employee responsibility score of information disclosure with financial performance. Thirdly, there is a significant positive correlation between the environmental responsibility score of CSR information disclosure with green technology innovation. Fourthly, green innovation is mediating in energy-intensive enterprises' CSR information disclosure and financial performance. Lastly, combined with the theoretical and findings, we put forward the management implications and policy suggestions. |
| Author Keywords |
energy-intensive enterprise; CSR; information disclosure; green technology innovation; financial performance |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
| EID |
WOS:001046416400001 |
| WoS Category |
Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies |
| Research Area |
Science & Technology - Other Topics; Environmental Sciences & Ecology |
| PDF |
https://www.mdpi.com/2071-1050/15/15/11926/pdf?version=1691132303
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