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

Albitar, K. , Nasrallah, N., Hussainey, K. and Wang, Y. (2024) Eco-innovation and corporate waste management: The moderating role of ESG performance. Review of Quantitative Finance and Accounting, (doi: 10.1007/s11156-024-01281-5) (Early Online Publication)

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.

• Item Type: Articles
• Status: Early Online Publication
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Albitar, Dr Khaldoon
• Authors: Albitar, K., Nasrallah, N., Hussainey, K., and Wang, Y.
• College/School: College of Social Sciences > Adam Smith Business School > Accounting and Finance
• Journal Name: Review of Quantitative Finance and Accounting
• Publisher: Springer
• ISSN: 0924-865X
• ISSN (Online): 1573-7179
• Published Online: 14 April 2024
• Copyright Holders: Copyright © 2024 The Author(s)
• First Published: First published in Review of Quantitative Finance and Accounting 2024
• Publisher Policy: Reproduced under a Creative Commons license