Corporate Governance Quality's Moderating Effect on Profitability, ESG Disclosure, and Green Innovation
企業統治の質が収益性、ESG開示、およびグリーンイノベーションに与える調整効果 (AI 翻訳)
Maristiana Ayu. Ms, Ani Pujiati, Ade Sandra Dewi
🤖 gxceed AI 要約
日本語
本研究は、インドネシアの上場企業を対象に、ESG開示と収益性がグリーンイノベーションに与える影響を、企業統治の質の調整効果とともに検証した。結果、ESG開示と収益性はグリーンイノベーションに正の影響を与え、企業統治の質がその関係を強化することが明らかになった。
English
This study examines the impact of ESG disclosure and profitability on green innovation, with corporate governance quality as a moderator, using Indonesian firms from the Sri Kehati Index (2020-2024). It finds that ESG disclosure and profitability positively influence green innovation, and this relationship is strengthened by robust governance mechanisms.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
本稿はインドネシアを対象とするが、ESG開示とグリーンイノベーションの関係に企業統治の質が果たす調整効果を実証しており、日本の企業統治とSSBJに基づく開示実務にも示唆を与える。
In the global GX context
This study contributes empirical evidence from an emerging market (Indonesia) on how corporate governance quality moderates the ESG disclosure-green innovation link, offering insights for global disclosure standard-setters (ISSB, GRI) and investors assessing the effectiveness of governance mechanisms in sustainability performance.
👥 読者別の含意
🔬研究者:For researchers, this paper extends RBV, legitimacy, and agency theories to emerging markets, showing governance as a contingent factor in ESG-innovation relationship.
🏢実務担当者:Corporate sustainability and governance teams can use these findings to strengthen governance structures to enhance the innovation impact of ESG disclosures.
🏛政策担当者:Policymakers in emerging markets can consider governance quality as a lever to amplify the benefits of mandatory ESG disclosure on green innovation.
📄 Abstract（原文）
Purpose: The impact of ESG disclosure and profitability on green innovation is examined in this study, with the moderating role of corporate governance quality assessed among publicly listed companies in Indonesia.Research Methodology: Quantitative approach was employed, and panel data from 19, the analysis was conducted on the Sri?Kehati Index over the 2020–2024 period, employing moderated panel data regression techniques.Results: The study found that ESG disclosure and profitability positively influence green innovation, with this relationship being reinforced by the quality of corporate governance. Consequently, the ability of ESG practices and financial performance to foster green innovation was shown to rely on robust governance mechanisms.Conclusions: The impact of ESG disclosure and profitability on green innovation was found to be moderated and enhanced by the quality of corporate governance.Limitations: Several limitations were identified, including the limited number of samples, the relatively short observation period, and the use of index-based disclosure measurements, which might not entirely reflect the actual effectiveness of sustainability practices.Contributions: This study contributes to the literature by showing that the impact of ESG disclosure and profitability on green innovation is strengthened by corporate governance quality. The application of Resource-Based View, Legitimacy, and Agency Theories is extended to emerging markets, and practical implications are provided for investors and policymakers.
🔗 Provenance — このレコードを発見したソース
- crossref https://doi.org/10.35912/sakman.v6i1.6421first seen 2026-07-27 06:11:35
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。