Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries
The current production and conception have impacted the environmental hazards. Green Innovation (GI) is the ideal solution for sustainable production, consumption, and ecological conservation. The objective of the study is to compare comprehensive green innovation (green product, process, service &a...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Springer
2023
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| Subjects: | |
| Online Access: | https://repository.londonmet.ac.uk/8347/3/Accepted%20Version%20%281%29.pdf |
| _version_ | 1825625789618454528 |
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| author | Khan, Parvez Alam Johl, Satirenjit Kaur Kumar, Anil Luthra, Sunil |
| author_facet | Khan, Parvez Alam Johl, Satirenjit Kaur Kumar, Anil Luthra, Sunil |
| author_sort | Khan, Parvez Alam |
| collection | LMU |
| description | The current production and conception have impacted the environmental hazards. Green Innovation (GI) is the ideal solution for sustainable production, consumption, and ecological conservation. The objective of the study is to compare comprehensive green innovation (green product, process, service & organization) impact on firm financial performance in Malaysia and Indonesia, along with the first study to measure the moderation role of the corporate governance index. This study has addressed the gap by developing the green innovation and corporate governance index. Collected panel data from the top 188 publicly listed firms for three years and analyzed it using the General Least Square (GLS) method. The empirical evidence demonstrates that the green innovation practice is better in Malaysia, and the outcome also shows that the significance level is higher in Indonesia. This study also provides empirical evidence that board composition has a positive moderation relationship betwixt GI and business performance in Malaysia but is insignificant in Indonesia. This comparative study provides new insights to the policymakers and practitioners of both countries to monitor and manage green innovation practices. |
| first_indexed | 2024-07-09T04:06:23Z |
| format | Article |
| id | oai:repository.londonmet.ac.uk:8347 |
| institution | London Metropolitan University |
| language | English |
| last_indexed | 2024-07-09T04:06:23Z |
| publishDate | 2023 |
| publisher | Springer |
| record_format | eprints |
| spelling | oai:repository.londonmet.ac.uk:83472024-03-08T01:58:15Z https://repository.londonmet.ac.uk/8347/ Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries Khan, Parvez Alam Johl, Satirenjit Kaur Kumar, Anil Luthra, Sunil 650 Management & auxiliary services The current production and conception have impacted the environmental hazards. Green Innovation (GI) is the ideal solution for sustainable production, consumption, and ecological conservation. The objective of the study is to compare comprehensive green innovation (green product, process, service & organization) impact on firm financial performance in Malaysia and Indonesia, along with the first study to measure the moderation role of the corporate governance index. This study has addressed the gap by developing the green innovation and corporate governance index. Collected panel data from the top 188 publicly listed firms for three years and analyzed it using the General Least Square (GLS) method. The empirical evidence demonstrates that the green innovation practice is better in Malaysia, and the outcome also shows that the significance level is higher in Indonesia. This study also provides empirical evidence that board composition has a positive moderation relationship betwixt GI and business performance in Malaysia but is insignificant in Indonesia. This comparative study provides new insights to the policymakers and practitioners of both countries to monitor and manage green innovation practices. Springer 2023-04 Article PeerReviewed text en https://repository.londonmet.ac.uk/8347/3/Accepted%20Version%20%281%29.pdf Khan, Parvez Alam, Johl, Satirenjit Kaur, Kumar, Anil and Luthra, Sunil (2023) Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries. Environmental Science and Pollution Research, 30 ((2023)). pp. 55237-55254. ISSN 0944-1344 https://doi.org/10.1007/s11356-023-26262-4 10.1007/s11356-023-26262-4 10.1007/s11356-023-26262-4 |
| spellingShingle | 650 Management & auxiliary services Khan, Parvez Alam Johl, Satirenjit Kaur Kumar, Anil Luthra, Sunil Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries |
| title | Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries |
| title_full | Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries |
| title_fullStr | Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries |
| title_full_unstemmed | Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries |
| title_short | Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries |
| title_sort | hope hype of green innovation corporate governance index and impact on firm financial performance a comparative study of southeast asian countries |
| topic | 650 Management & auxiliary services |
| url | https://repository.londonmet.ac.uk/8347/3/Accepted%20Version%20%281%29.pdf |
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