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"How does cultural diversity determine green innovation? New empirical " by Runguo Xu, Umar Farooq et al. - Vimarsana News

"How does cultural diversity determine green innovation? New empirical " by Runguo Xu, Umar Farooq et al.

National culture and environmental sustainability are fundamental topics within the realms of social and environmental economics. These subjects have been extensively discussed in contemporary literature as standalone themes. However, it's worth noting that there is a noticeable gap in the existing literature. Specifically, there is limited exploration regarding the influence of national culture on a country's green innovation performance. To address this gap, the present study aims to investigate the empirical relationship between cultural diversity and green innovation performance....

Source: uow.edu.au
"Green drives greenbacks: The impact of sustainable innovation on corpo" by Umar Farooq, Bakr Al-Gamrh et al. - Vimarsana News

"Green drives greenbacks: The impact of sustainable innovation on corpo" by Umar Farooq, Bakr Al-Gamrh et al.

This study delves into the impact of sustainable innovation on corporate liquidity, specifically examining its influence on cash holdings among companies listed in BRICS nations. The study also explores the impact of green innovation on cash holdings before and after COVID-spread. Utilizing the system GMM regression technique on data spanning 2010 to 2022, we scrutinize the relationship between green innovation and cash reserves. Our findings reveal a significant correlation, showcasing that companies actively engaged in sustainable practices maintain lower levels of cash. This suggests a tang...

Source: uow.edu.au