NDLI: How Do Firms Promote Green Innovation through International Mergers and Acquisitions: The Moderating Role of Green Image and Green Subsidy

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How Do Firms Promote Green Innovation through International Mergers and Acquisitions: The Moderating Role of Green Image and Green Subsidy

Content Provider	MDPI
Author	Wu, Hang Qu, Yiying
Copyright Year	2021
Description	Carrying out green innovation is beneficial for firms to cope with environmental protection pressure and achieve sustainable development. Existing research has paid enough attention to the driver of green innovation, but still does not reveal how green innovation can be conceived and realized. This paper answers the above question from the perspective of international M&As, examines the relationship between exploratory international M&As, exploitative international M&As and green innovation performance, and further probes into how strategic and environmental factors moderate the green innovation effectiveness of exploratory and exploitative M&As. Results indicate that exploratory and exploitative international M&As both are beneficial for green innovation performance, and to maximize green innovation performance, implementing exploratory M&As is more beneficial for firms pursuing high green image and operating in a high green subsidy environment. By contrast, carrying out exploitative M&As is more effective for firms pursuing low green image and operating in a low green subsidy environment. Theoretical and managerial implications are discussed.
Starting Page	7333
e-ISSN	16604601
DOI	10.3390/ijerph18147333
Journal	International Journal of Environmental Research and Public Health
Issue Number	14
Volume Number	18
Language	English
Publisher	MDPI
Publisher Date	2021-07-08
Access Restriction	Open
Subject Keyword	International Journal of Environmental Research and Public Health Applied Ethics Green Innovation Exploratory International M&as Exploitative International M&as Green Image Green Subsidy
Content Type	Text
Resource Type	Article

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