IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v72y2025ics1544612324015551.html
   My bibliography  Save this article

The impact of online media on corporate green innovation: The moderating role of financial regulation

Author

Listed:
  • Yuan, Zhenning
  • Zhang, Sai
  • Wu, Shuguang
  • Lee, Jong Han

Abstract

This study explores the relationship between online media and corporate green innovation, with financial regulation serving as a moderating factor. Utilizing a sample of 3,329 Chinese-listed manufacturing companies spanning from 2011 to 2022, we employed a combination of regression analysis and mediation testing to investigate our hypotheses. The results reveal that online media exposure significantly stimulates corporate green innovation, and investor attention positively influences this process. Furthermore, research and development investment acts as a mediator, amplifying online media's promotional effect on corporate green innovation. Importantly, our findings indicate that strengthened financial regulation fosters a robust positive correlation between online media and corporate green innovation. In conclusion, this study highlights the crucial role of online media, investor attention, R&D investment, and financial regulation in driving corporate green innovation, offering insights for policymakers and practitioners aiming to promote sustainable development.

Suggested Citation

  • Yuan, Zhenning & Zhang, Sai & Wu, Shuguang & Lee, Jong Han, 2025. "The impact of online media on corporate green innovation: The moderating role of financial regulation," Finance Research Letters, Elsevier, vol. 72(C).
  • Handle: RePEc:eee:finlet:v:72:y:2025:i:c:s1544612324015551
    DOI: 10.1016/j.frl.2024.106526
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612324015551
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.frl.2024.106526?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:72:y:2025:i:c:s1544612324015551. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.