IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v77y2025ics1544612325003599.html
   My bibliography  Save this article

How green strategic alliances enhance green innovation: Mechanisms and evidence in China

Author

Listed:
  • Wang, Yuhan
  • Hao, Jinxing
  • Guo, Hui
  • Xian, Maoyang
  • Liao, Qiang

Abstract

We examine the influence of green strategic alliances on corporate green innovation through text analyses. Our paper reveals a positive association between green strategic alliances and corporate green innovation, with three influencing pathways: government support, knowledge transfer, and risk-taking. Cross-sectional analyses suggest that the effect is more pronounced when the firms are headquartered in regions with underdeveloped financial markets, lower innovation capacity, and a lower risk appetite. Supplemental test indicates that green strategic alliances lead to high quality green innovation. Overall, this paper underscores the critical role of green strategic alliances in promoting corporate green innovation and advancing sustainability efforts.

Suggested Citation

  • Wang, Yuhan & Hao, Jinxing & Guo, Hui & Xian, Maoyang & Liao, Qiang, 2025. "How green strategic alliances enhance green innovation: Mechanisms and evidence in China," Finance Research Letters, Elsevier, vol. 77(C).
    • Handle: RePEc:eee:finlet:v:77:y:2025:i:c:s1544612325003599
    DOI: 10.1016/j.frl.2025.107096
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612325003599
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2025.107096?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:77:y:2025:i:c:s1544612325003599. 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.