4.7 Article

The impact of Confucianism on the efficiency of enterprises green innovation

Journal

FINANCE RESEARCH LETTERS
Volume 58, Issue -, Pages -

Publisher

ACADEMIC PRESS INC ELSEVIER SCIENCE
DOI: 10.1016/j.frl.2023.104233

Keywords

Confucianism; Green innovation efficiency; Social responsibility theory perspective; Corporate social responsibility

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This paper empirically examines the influence of Confucianism on the efficiency of corporate green innovation and the mediating role of CSR, using A-share listed companies from 2011 to 2021 as the research sample, from the perspective of social responsibility theory. The findings provide a new perspective for improving the efficiency of corporate green innovation and promoting the high-quality development of green ecological civilization.
Green innovation is a strategic key for enterprises to gain competitive advantage. However, few studies have focused on the efficiency of green innovation, especially on the influence mechanism of Confucianism on the efficiency of green innovation. Therefore, based on the perspective of social responsibility theory, this paper empirically examines the influence of Confucianism on the efficiency of corporate green innovation and the mediating role of CSR, using A-share listed companies from 2011 to 2021 as the research sample. The findings provide a new perspective for improving the efficiency of corporate green innovation, and promoting the high-quality development of green ecological civilization.

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