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Eco-innovation and corporate waste management: The moderating role of ESG performance

Author

Listed:
  • Khaldoon Albitar

    (University of Glasgow)

  • Nohade Nasrallah

    (Strasbourg University)

  • Khaled Hussainey

    (Bangor University)

  • Yadong Wang

    (University of Portsmouth)

Abstract

Based on a sample of companies from G7 countries, we investigate the effect of eco-innovation on waste management as well as the moderating role of firms’ environmental, social, and governance (ESG) on this relationship. Our findings indicate that a higher level of eco-innovation might lead to a decline in firms’ total waste produced and an increase in firms’ magnitude of reusing and recycling waste. Likewise, our findings are associative with a moderating effect of ESG on the eco-innovation-waste management nexus. We argue that eco-innovation, along with better ESG performance, leads to a reduction in waste produced and thus better business waste management. Our study has several implications on micro- and macroeconomic levels. Countries should revisit their national strategies and domestic policies about circular economies to form international alliances and embrace more technological development.

Suggested Citation

  • Khaldoon Albitar & Nohade Nasrallah & Khaled Hussainey & Yadong Wang, 2024. "Eco-innovation and corporate waste management: The moderating role of ESG performance," Review of Quantitative Finance and Accounting, Springer, vol. 63(2), pages 781-805, August.
    • Handle: RePEc:kap:rqfnac:v:63:y:2024:i:2:d:10.1007_s11156-024-01281-5
    DOI: 10.1007/s11156-024-01281-5
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    References listed on IDEAS

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