文献类型：期刊文献

英文题名：Does green innovation promote trade credit activities? New empirical evidence from BRICS

作者：Deng, Yaotian[1];Zhang, Lingqian[2];Zhang, Jian[3];Farooq, Umar[4]

机构：[1]Southwestern Univ Finance & Econ, Sch Accounting, Chengdu, Sichuan, Peoples R China;[2]Guangzhou Coll Commerce, Sch Econ, Guangzhou 510555, Peoples R China;[3]East China Univ Sci & Technol, Sch Business, Shanghai 200237, Peoples R China;[4]Xi An Jiao Tong Univ, Sch Econ & Finance, Xian, Shaanxi, Peoples R China

年份：2023

卷号：23

期号：6

起止页码：1322

外文期刊名：BORSA ISTANBUL REVIEW

收录：;WOS:【SSCI(收录号:WOS:001140139600001)】；

基金：This paper was supported by The National Social Science Fund of China (19BGL269) and Shanghai Philosophy and Social Science Fund (2019CSJ003) .

语种：英文

外文关键词：Finance; BRICS; Green innovation; Green patent registration; Stake holder theory; Trade credit

摘要：In the recent wake of the Sustainable Development Goals introduced by the United Nations, the topic of green innovation has achieved much attention. This study aims to explore the impact of green innovation on trade credit activities. The empirical analysis was conducted by sampling ten years of financial data (2010-2019) of publicly listed enterprises in Brazil, Russia, India, China, and South Africa. To overcome endogeneity, we utilize the system generalized method of moments technique for regression analysis. The empirical analysis reveals that green innovation has a positive and statistically significant relationship with both trade receivables and trade payables. The analysis offers a valuable reference for devising multiple policies on environmental sustainability and the management of trade credit activities. This study enriches the literature by highlighting the propensity of green innovation in trade credit activities. Copyright (c) 2023 Borsa Istanbul Anonim S,irketi. Published by Elsevier B.V. This is an open access article under the CC BY license (http:// creativecommons.org/licenses/by/4.0/).