eprintid: 18674 rev_number: 2 eprint_status: archive userid: 1 dir: disk0/00/01/86/74 datestamp: 2024-06-04 14:11:02 lastmod: 2024-06-04 14:11:02 status_changed: 2024-06-04 14:03:50 type: article metadata_visibility: show creators_name: Khan, P.A. creators_name: Johl, S.K. creators_name: Kumar, A. creators_name: Luthra, S. title: Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries ispublished: pub keywords: business; climate change; comparative study; environment; environmental hazard; innovation; panel data; sustainability, Indonesia; Malaysia, China; commercial phenomena; human; Indonesia; information processing; Malaysia; Southeast Asian, China; Commerce; Data Collection; Humans; Indonesia; Malaysia; Southeast Asian People note: cited By 8 abstract: The current production and conception have impacted the environmental hazards. Green innovation (GI) is the ideal solution for sustainable production, consumption, and ecological conservation. The objective of the study is to compare comprehensive green innovation (green product, process, service, and organization) impact on firm financial performance in Malaysia and Indonesia, along with the first study to measure the moderation role of the corporate governance index. This study has addressed the gap by developing the green innovation and corporate governance index. Collected panel data from the top 188 publicly listed firms for 3 years and analyzed it using the general least square method. The empirical evidence demonstrates that the green innovation practice is better in Malaysia, and the outcome also shows that the significance level is higher in Indonesia. This study also provides empirical evidence that board composition has a positive moderation relationship betwixt GI and business performance in Malaysia but is insignificant in Indonesia. This comparative study provides new insights to the policymakers and practitioners of both countries to monitor and manage green innovation practices. © 2023, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature. date: 2023 official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85149383119&doi=10.1007%2fs11356-023-26262-4&partnerID=40&md5=b4f9f4f23c84ce6343d937a132556921 id_number: 10.1007/s11356-023-26262-4 full_text_status: none publication: Environmental Science and Pollution Research volume: 30 number: 19 pagerange: 55237-55254 refereed: TRUE citation: Khan, P.A. and Johl, S.K. and Kumar, A. and Luthra, S. (2023) Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries. Environmental Science and Pollution Research, 30 (19). pp. 55237-55254.