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- Title
Eco-innovation and corporate waste management: The moderating role of ESG performance.
- Authors
Albitar, Khaldoon; Nasrallah, Nohade; Hussainey, Khaled; Wang, Yadong
- 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.
- Subjects
WASTE management; INDUSTRIAL management; WASTE minimization; CIRCULAR economy; WASTE recycling
- Publication
Review of Quantitative Finance & Accounting, 2024, Vol 63, Issue 2, p781
- ISSN
0924-865X
- Publication type
Article
- DOI
10.1007/s11156-024-01281-5