Does green marketing improve corporate performance?

This paper examines the relationship between green marketing, board characteristics, and corporate performance, with 13,864 Chinese listed companies as the research observation subject. It centers on the influence of green marketing on the performance of corporations, as well as the moderating influence of board characteristics. The findings reveal the following: first, green marketing serves to enhance corporate performance; second, the independent composition of the board of directors exerts a positive moderating influence; third, the combination of the roles of chairman and general manager exerts a negative moderating influence, impeding the positive effects of green marketing on corporate performance; and finally, the gender diversity of the board of directors plays a beneficial moderating role.

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Publication Details

Journal
International Review of Economics & Finance
Published
2024-11-28
DOI
https://doi.org/10.1016/j.iref.2024.103762
Citations
7
Primary Topic
Environmental Sustainability in Business
Type
article
Field-Weighted Citation Impact
3.07
Controls
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article

Does green marketing improve corporate performance?

Shanshan Luo, Xiangjian Zhang, Ze Sun
7 citations
International Review of Economics & Finance
Environmental Sustainability in Business
3.07
article

Does green marketing improve corporate performance?

Shanshan Luo, Xiangjian Zhang, Ze Sun
article en
7 citations

Abstract

This paper examines the relationship between green marketing, board characteristics, and corporate performance, with 13,864 Chinese listed companies as the research observation subject. It centers on the influence of green marketing on the performance of corporations, as well as the moderating influence of board characteristics. The findings reveal the following: first, green marketing serves to enhance corporate performance; second, the independent composition of the board of directors exerts a positive moderating influence; third, the combination of the roles of chairman and general manager exerts a negative moderating influence, impeding the positive effects of green marketing on corporate performance; and finally, the gender diversity of the board of directors plays a beneficial moderating role.

International Review of Economics & FinanceVol. 97
Shanghai University of Finance and Economics (CN), Yunnan University of Finance And Economics (CN), Hubei University of Technology (CN), Hubei University (CN)
Openalex Percentile: Top 8%
Environmental Sustainability in Business
3.07
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Does green marketing improve corporate performance? — Shanshan Luo, Xiangjian Zhang, et al. · International Review of Economics & Finance (2024) | TGRS Research Map | TGRS