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Does green marketing improve corporate performance?

Author

Listed:
  • Luo, Shanshan
  • Sun, Ze
  • Zhang, Xiangjian

Abstract

This paper examines the relationship between green marketing, board characteristics, and corporate performance, with 13,864 Chinese listed companies as the research observation subject. It centers on the influence of green marketing on the performance of corporations, as well as the moderating influence of board characteristics. The findings reveal the following: first, green marketing serves to enhance corporate performance; second, the independent composition of the board of directors exerts a positive moderating influence; third, the combination of the roles of chairman and general manager exerts a negative moderating influence, impeding the positive effects of green marketing on corporate performance; and finally, the gender diversity of the board of directors plays a beneficial moderating role.

Suggested Citation

  • Luo, Shanshan & Sun, Ze & Zhang, Xiangjian, 2025. "Does green marketing improve corporate performance?," International Review of Economics & Finance, Elsevier, vol. 97(C).
    • Handle: RePEc:eee:reveco:v:97:y:2025:i:c:s1059056024007548
    DOI: 10.1016/j.iref.2024.103762
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    References listed on IDEAS

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    Cited by:

    1. Satrio, Arif Budi, 2026. "Gender diversity, governance innovation, and sustainable corporate practices: Evidence from the two-tier board system," Innovation and Green Development, Elsevier, vol. 5(1).
    2. Fazal Ur Rehman & Mohammed Ibrahim Gariba & Solomon Gyamfi & Samuel Amponsah Odei, 2026. "Green marketing, BMI, and government support in SDGs achievement: evidence from energy sector," Future Business Journal, Springer, vol. 12(1), pages 1-25, December.
    3. Gu, Hairu & Rasiah, Ratneswary & Ge, Huayi, 2025. "Corporate sustainable development performance, green marketing, and consumer preferences," Finance Research Letters, Elsevier, vol. 86(PA).

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