Year: 2024
Type: article
Abstract: This paper explores the impact of green mergers and acquisitions on the value of heavily polluting enterprises, focusing on environmental disclosure and green innovation. Through literature review and empirical analysis, the study finds that green mergers and acquisitions not only significantly enhance companies' environmental governance but also effectively promote long-term value growth. Specifically, improvements in environmental disclosure enhance market recognition, while green innovation brings new profit opportunities and market competitiveness to enterprises. This research provides theoretical and empirical support for understanding the role of green mergers and acquisitions in corporate sustainable development.
Author: Ruiyang Gao
Institution: Wuhan University of Technology
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4401338848