No Cover Image

Journal article 21370 views 150 downloads

ESG disclosure and technological innovation capabilities of the Chinese listed companies

Lifeng Chen, Abedin Abedin, Yuying Gao, Mohammad Zoynul Abedin, Brian Lucey

Research in International Business and Finance, Volume: 65, Start page: 101974

Swansea University Author: Abedin Abedin

  • 63248.pdf

    PDF | Version of Record

    © 2023 The Author(s). Published by Elsevier B.V. Distributed under the terms of a Creative Commons Attribution 4.0 License (CC BY 4.0).

    Download (794.42KB)

Check full text

DOI (Published version): 10.1016/j.ribaf.2023.101974

Abstract

The main objective of this study is to explore how ESG disclosure effectively promotes technological innovation capabilities (TIC) and also in different industries (green vs. high-tech). Further, examine the role of financing constraint (FC) in the relationship between the ESG disclosure and TIC. We...

Full description

Published in: Research in International Business and Finance
ISSN: 0275-5319
Published: Elsevier BV 2023
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa63248
Tags: Add Tag
No Tags, Be the first to tag this record!
first_indexed 2023-04-26T06:47:50Z
last_indexed 2023-04-26T06:47:50Z
id cronfa63248
recordtype SURis
fullrecord <?xml version="1.0" encoding="utf-8"?><rfc1807 xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xsd="http://www.w3.org/2001/XMLSchema"><bib-version>v2</bib-version><id>63248</id><entry>2023-04-26</entry><title>ESG disclosure and technological innovation capabilities of the Chinese listed companies</title><swanseaauthors><author><sid>4ed8c020eae0c9bec4f5d9495d86d415</sid><firstname>Abedin</firstname><surname>Abedin</surname><name>Abedin Abedin</name><active>true</active><ethesisStudent>false</ethesisStudent></author></swanseaauthors><date>2023-04-26</date><deptcode>BAF</deptcode><abstract>The main objective of this study is to explore how ESG disclosure effectively promotes technological innovation capabilities (TIC) and also in different industries (green vs. high-tech). Further, examine the role of financing constraint (FC) in the relationship between the ESG disclosure and TIC. We employed the panel regression model, Causal step approach, Bootstrap mediation effect test, 2SLS, and GMM model. We used Bloomberg’s ESG disclosure score of China’s A-share listed companies from 2011–2019 (1); we found that the ESG disclosure has a significant relationship with corporate innovation indicators (OTI, STI, NSTI) and play a significant role in promoting TIC at different levels of corporate innovation (2) ESG disclosure of non-green (high-tech) industry is more effectively promote TIC than green (non-high tech) industry (3) ESG disclosure can promote corporate innovation by reducing the level of corporate financing constraints, and FC has a partial intermediary role between ESG and TIC.</abstract><type>Journal Article</type><journal>Research in International Business and Finance</journal><volume>65</volume><journalNumber/><paginationStart>101974</paginationStart><paginationEnd/><publisher>Elsevier BV</publisher><placeOfPublication/><isbnPrint/><isbnElectronic/><issnPrint>0275-5319</issnPrint><issnElectronic/><keywords>Environmental, Social and governance (ESG) disclosures, Technological innovation capability (TIC), Green and High-tech industries, Financing constraints (FC), Chinese listed firms</keywords><publishedDay>1</publishedDay><publishedMonth>4</publishedMonth><publishedYear>2023</publishedYear><publishedDate>2023-04-01</publishedDate><doi>10.1016/j.ribaf.2023.101974</doi><url>http://dx.doi.org/10.1016/j.ribaf.2023.101974</url><notes/><college>COLLEGE NANME</college><department>Accounting and Finance</department><CollegeCode>COLLEGE CODE</CollegeCode><DepartmentCode>BAF</DepartmentCode><institution>Swansea University</institution><apcterm>SU Library paid the OA fee (TA Institutional Deal)</apcterm><funders>Swansea University</funders><projectreference/><lastEdited>2023-07-10T16:53:23.0373913</lastEdited><Created>2023-04-26T07:41:29.2987055</Created><path><level id="1">Faculty of Humanities and Social Sciences</level><level id="2">School of Management - Accounting and Finance</level></path><authors><author><firstname>Lifeng</firstname><surname>Chen</surname><order>1</order></author><author><firstname>Abedin</firstname><surname>Abedin</surname><order>2</order></author><author><firstname>Yuying</firstname><surname>Gao</surname><order>3</order></author><author><firstname>Mohammad Zoynul</firstname><surname>Abedin</surname><order>4</order></author><author><firstname>Brian</firstname><surname>Lucey</surname><order>5</order></author></authors><documents><document><filename>63248__27602__e7c28a111a55442b89de6561793b912e.pdf</filename><originalFilename>63248.pdf</originalFilename><uploaded>2023-05-24T15:02:39.4364244</uploaded><type>Output</type><contentLength>813491</contentLength><contentType>application/pdf</contentType><version>Version of Record</version><cronfaStatus>true</cronfaStatus><documentNotes>© 2023 The Author(s). Published by Elsevier B.V. Distributed under the terms of a Creative Commons Attribution 4.0 License (CC BY 4.0).</documentNotes><copyrightCorrect>true</copyrightCorrect><language>eng</language><licence>http://creativecommons.org/licenses/by/4.0/</licence></document></documents><OutputDurs/></rfc1807>
spelling v2 63248 2023-04-26 ESG disclosure and technological innovation capabilities of the Chinese listed companies 4ed8c020eae0c9bec4f5d9495d86d415 Abedin Abedin Abedin Abedin true false 2023-04-26 BAF The main objective of this study is to explore how ESG disclosure effectively promotes technological innovation capabilities (TIC) and also in different industries (green vs. high-tech). Further, examine the role of financing constraint (FC) in the relationship between the ESG disclosure and TIC. We employed the panel regression model, Causal step approach, Bootstrap mediation effect test, 2SLS, and GMM model. We used Bloomberg’s ESG disclosure score of China’s A-share listed companies from 2011–2019 (1); we found that the ESG disclosure has a significant relationship with corporate innovation indicators (OTI, STI, NSTI) and play a significant role in promoting TIC at different levels of corporate innovation (2) ESG disclosure of non-green (high-tech) industry is more effectively promote TIC than green (non-high tech) industry (3) ESG disclosure can promote corporate innovation by reducing the level of corporate financing constraints, and FC has a partial intermediary role between ESG and TIC. Journal Article Research in International Business and Finance 65 101974 Elsevier BV 0275-5319 Environmental, Social and governance (ESG) disclosures, Technological innovation capability (TIC), Green and High-tech industries, Financing constraints (FC), Chinese listed firms 1 4 2023 2023-04-01 10.1016/j.ribaf.2023.101974 http://dx.doi.org/10.1016/j.ribaf.2023.101974 COLLEGE NANME Accounting and Finance COLLEGE CODE BAF Swansea University SU Library paid the OA fee (TA Institutional Deal) Swansea University 2023-07-10T16:53:23.0373913 2023-04-26T07:41:29.2987055 Faculty of Humanities and Social Sciences School of Management - Accounting and Finance Lifeng Chen 1 Abedin Abedin 2 Yuying Gao 3 Mohammad Zoynul Abedin 4 Brian Lucey 5 63248__27602__e7c28a111a55442b89de6561793b912e.pdf 63248.pdf 2023-05-24T15:02:39.4364244 Output 813491 application/pdf Version of Record true © 2023 The Author(s). Published by Elsevier B.V. Distributed under the terms of a Creative Commons Attribution 4.0 License (CC BY 4.0). true eng http://creativecommons.org/licenses/by/4.0/
title ESG disclosure and technological innovation capabilities of the Chinese listed companies
spellingShingle ESG disclosure and technological innovation capabilities of the Chinese listed companies
Abedin Abedin
title_short ESG disclosure and technological innovation capabilities of the Chinese listed companies
title_full ESG disclosure and technological innovation capabilities of the Chinese listed companies
title_fullStr ESG disclosure and technological innovation capabilities of the Chinese listed companies
title_full_unstemmed ESG disclosure and technological innovation capabilities of the Chinese listed companies
title_sort ESG disclosure and technological innovation capabilities of the Chinese listed companies
author_id_str_mv 4ed8c020eae0c9bec4f5d9495d86d415
author_id_fullname_str_mv 4ed8c020eae0c9bec4f5d9495d86d415_***_Abedin Abedin
author Abedin Abedin
author2 Lifeng Chen
Abedin Abedin
Yuying Gao
Mohammad Zoynul Abedin
Brian Lucey
format Journal article
container_title Research in International Business and Finance
container_volume 65
container_start_page 101974
publishDate 2023
institution Swansea University
issn 0275-5319
doi_str_mv 10.1016/j.ribaf.2023.101974
publisher Elsevier BV
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Accounting and Finance{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Accounting and Finance
url http://dx.doi.org/10.1016/j.ribaf.2023.101974
document_store_str 1
active_str 0
description The main objective of this study is to explore how ESG disclosure effectively promotes technological innovation capabilities (TIC) and also in different industries (green vs. high-tech). Further, examine the role of financing constraint (FC) in the relationship between the ESG disclosure and TIC. We employed the panel regression model, Causal step approach, Bootstrap mediation effect test, 2SLS, and GMM model. We used Bloomberg’s ESG disclosure score of China’s A-share listed companies from 2011–2019 (1); we found that the ESG disclosure has a significant relationship with corporate innovation indicators (OTI, STI, NSTI) and play a significant role in promoting TIC at different levels of corporate innovation (2) ESG disclosure of non-green (high-tech) industry is more effectively promote TIC than green (non-high tech) industry (3) ESG disclosure can promote corporate innovation by reducing the level of corporate financing constraints, and FC has a partial intermediary role between ESG and TIC.
published_date 2023-04-01T16:53:18Z
_version_ 1771049476059824128
score 11.036837

Similar Items