@article{ART003201816},
author={Yajuan Liu and Jaeyeon Sim},
title={The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -},
journal={Industry Promotion Research},
issn={2466-1139},
year={2025},
volume={10},
number={2},
pages={381-398},
doi={10.21186/IPR.2025.10.2.381}
TY - JOUR
AU - Yajuan Liu
AU - Jaeyeon Sim
TI - The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -
JO - Industry Promotion Research
PY - 2025
VL - 10
IS - 2
PB - Industrial Promotion Institute
SP - 381
EP - 398
SN - 2466-1139
AB - In the context of rapid economic development and environmental protection, green technology innovation (GTI) has become crucial for corporate sustainability. This paper explores how GTI influences corporate value and the mediating role of corporate returns based on theories of ecological modernization, technological innovation, stakeholder theory, and sustainable development. By analyzing data from listed companies between 2009 and 2023, a regression model is constructed using both literature review and empirical research to test these hypotheses. The results show that GTI significantly enhances corporate value, boosts competitiveness, optimizes resource allocation, and increases corporate returns through efficiency improvements and cost reductions. Corporate returns play a partial mediating role in this process, with the effect being more pronounced in industries with strong policy support and environmental regulation. Based on these findings, it is recommended that companies strengthen their green R&D teams, increase investment in green technologies, and enhance environmental governance. This study provides empirical evidence for the relationship between GTI and corporate value, and future research could investigate the impact differences across different industries and company sizes, further refining guidance for green innovation.
KW - Green Technology Innovation;Corporate Value;Corporate Earnings;Mediation Effect;Sustainability Theory
DO - 10.21186/IPR.2025.10.2.381
ER -
Yajuan Liu and Jaeyeon Sim. (2025). The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -. Industry Promotion Research, 10(2), 381-398.
Yajuan Liu and Jaeyeon Sim. 2025, "The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -", Industry Promotion Research, vol.10, no.2 pp.381-398. Available from: doi:10.21186/IPR.2025.10.2.381
Yajuan Liu, Jaeyeon Sim "The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -" Industry Promotion Research 10.2 pp.381-398 (2025) : 381.
Yajuan Liu, Jaeyeon Sim. The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -. 2025; 10(2), 381-398. Available from: doi:10.21186/IPR.2025.10.2.381
Yajuan Liu and Jaeyeon Sim. "The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -" Industry Promotion Research 10, no.2 (2025) : 381-398.doi: 10.21186/IPR.2025.10.2.381
Yajuan Liu; Jaeyeon Sim. The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -. Industry Promotion Research, 10(2), 381-398. doi: 10.21186/IPR.2025.10.2.381
Yajuan Liu; Jaeyeon Sim. The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -. Industry Promotion Research. 2025; 10(2) 381-398. doi: 10.21186/IPR.2025.10.2.381
Yajuan Liu, Jaeyeon Sim. The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -. 2025; 10(2), 381-398. Available from: doi:10.21186/IPR.2025.10.2.381
Yajuan Liu and Jaeyeon Sim. "The Impact of Green Technology Innovation Capability on Corporate Value - The Mediating Role of Corporate Earnings -" Industry Promotion Research 10, no.2 (2025) : 381-398.doi: 10.21186/IPR.2025.10.2.381