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Corporate Social Responsibility and Green Innovation Transform Corporate Green Strategy into Sustainable Firm Performance

Year: 2024

Type: article

Abstract: This research examines the relationship between green technologies, CSR, GI, and sustainable financial performance (SFP) in small and medium-sized enterprises. Results showed that SFP1 was positively correlated with GS1, CSR1, and GI1, and the regression model was statistically significant. Higher levels of CSR and GI are associated with better SFP, suggesting the importance of integrating environmental and social considerations into business strategies. Future research should focus on longitudinal studies, comparative analysis, sector-specific studies, and mediating and moderating effects to explore the relationships between CSR, GI, and SFP in SMEs.

Source: iRAPA International Journal of Business Studies

DOI: 10.48112/iijbs.v1i1.778

Authors: Syeda Hudaibiya, Dr. Shoaib Raza

Institution: University of New England

Language: English

Topic: Environmental Sustainability in Business

Subfield: Marketing

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Climate action

Open Access status: hybrid

OpenAlex ID: W4396957368

FWCI: 1.238

Cites: 15

Cited by: 5

Related to: 10