contadores
Ir para o menu de navegação principal Ir para o conteúdo principal Ir para o rodapé
##common.pageHeaderLogo.altText##

Research Article

v. 42 n. 3 (2025): Vol. 42 Núm. 3 (2025): Revista de Ciencias Agrícolas - Septiembre - Diciembre 2025

Harvesting sustainability: The influence of green innovation on agricultural firm performance

DOI
https://doi.org/10.22267/rcia.20254203.280
Enviado
setembro 15, 2025
Publicado
2025-12-26

Resumo

Environmental sustainability has emerged as a global concern, particularly in the agricultural sector. This research examines the impact of green innovation on the quality of financial, environmental, and social performance in agricultural firms in Pakistan. The relationships in the constructs were studied using data from 378 agricultural firms, and the survey was conducted through the PLS-SEM method. As the results indicate, green innovation has a major impact on financial performance, environmental sustainability, and social performance. Environmental and social performance has been identified as playing an intermediary role in the relationship between green innovation and financial performance, indicating that sustainable activities not only are profitable but also enhance profitability. Moreover, on the one hand, the effects of green innovation are amplified, while on the other hand, environmental regulations, firm size, and stakeholder engagement were also recognized as moderating variables. Overall, the findings demonstrate that incorporating environmental considerations into business strategy is essential for value creation, and they highlight the interconnected and sustainable nature of government policies and firm performance.

Referências

  1. Ali, Z.; Jianzhou, Y.; Ali, A.; Hussain, J. (2023). Determinants of the CO2 emissions, economic growth, and ecological footprint in Pakistan: asymmetric and symmetric role of agricultural and financial inclusion. Environmental Science and Pollution Research. 30(22): 61945–61964. https://doi.org/10.1007/s11356-023-26138-7
  2. Cao, L.; Gao, J. (2024). The Impact of Green Finance on Agricultural Pollution and Carbon Reduction: The Case of China. Sustainability. 16(14): 5832. https://doi.org/10.3390/su16145832
  3. Chang, J. (2022). The role of digital finance in reducing agricultural carbon emissions: evidence from China’s provincial panel data. Environmental Science and Pollution Research. 29(58): 87730–87745. https://doi.org/10.1007/s11356-022-21780-z
  4. Deng, Y.; Zhang, S. N. (2024). Green finance, green technology innovation and agricultural carbon emissions in China. Applied Ecology and Environmental Research. 22(2): 1415–1436. https://doi.org/10.15666/aeer/2202_14151436
  5. Dubinina, M.; Potryvaieva, N.; Dovgal, O.; Usykova, O.; Kuzoma, V. (2024). Integrated approach to accounting in agriculture in the context of sustainable development and circular economy. Scientific Horizons. 27(12): 153–167. https://doi.org/10.48077/scihor12.2024.153
  6. Guo, J.; Chen, L.; Kang, X. (2024). Digital inclusive finance and agricultural green development in China: A panel analysis (2013–2022). Finance Research Letters. 69: 106173. https://doi.org/10.1016/j.frl.2024.106173
  7. Han, L.; Li, H.; Shen, H. (2024). Measurement, regional differences, and driving factors of high-quality development level of crop seed industry in China. Journal of Infrastructure, Policy and Development. 8(4): 3475. https://doi.org/10.24294/jipd.v8i4.3475
  8. Kong, D.; Zhu, L. (2022). Governments’ fiscal squeeze and firms’ pollution emissions: Evidence from a natural experiment in China. Environmental and Resource Economics. 81(4): 833–866. https://doi.org/10.1007/s10640-022-00656-3
  9. Lee, C. C.; He, Z. W.; Luo, H. P. (2024). Spatio-temporal characteristics of land ecological security and analysis of influencing factors in cities of major grain-producing regions of China. Environmental Impact Assessment Review. 104: 107344. https://doi.org/10.1016/j.eiar.2023.107344
  10. Li, H.; Lin, Q.; Wang, Y.; Mao, S. (2023). Can digital finance improve China’s agricultural green total factor productivity?. Agriculture. 13(7): 1429. https://doi.org/10.3390/agriculture13071429
  11. Liao, Y.; Zhou, X. (2023). Can digital finance contribute to agricultural carbon reduction? evidence from China. Sustainability. 15(22): 15824. https://doi.org/10.3390/su152215824
  12. Liu, D.; Li, Y.; You, J.; Baležentis, T.; Shen, Z. (2023). Digital inclusive finance and green total factor productivity growth in rural areas. Journal of Cleaner Production. 418: 138159. https://doi.org/10.1016/j.jclepro.2023.138159
  13. Ma, Z.; Liu, Z.; Zhang, P.; Wei, X.; Chen, W. (2024). Analysis of the impact of digital inclusive finance on the development of green agriculture. Agronomy. 14(12): 2777. https://doi.org/10.3390/agronomy14122777
  14. Mo, L.; Chen, S.; Wan, S.; Liang, C.; Ma, Y. (2025a). Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zones. Frontiers in Environmental Science. 13: 1467542. https://doi.org/10.3389/fenvs.2025.1467542
  15. Mo, L.; Chen, S.; Wan, S.; Zhou, L.; Wang, S. (2025b). How can the protection of important agricultural heritage sites contribute to the green development of agriculture: Evidence from China. Agriculture. 15(2): 166. https://doi.org/10.3390/agriculture15020166
  16. Moreira-Dantas, I. R.; Martínez-Zarzoso, I.; de Araujo, M. L. F.; Evans, J.; Foster, A.; Wang, X.; Thakur, M.; Jafarzadeh, S.; Martin, M. P. (2023). Multi-stakeholder initiatives and decarbonization in the European food supply chain. Frontiers in Sustainability. 4: 1231684. https://doi.org/10.3389/frsus.2023.1231684
  17. Najjar, D.; Baruah, B. (2024). Beer, barley, livestock, milk: Who adopts agricultural innovations in rural Rajasthan? World Development Perspectives. 36: 100643. https://doi.org/10.1016/j.wdp.2024.100643
  18. Pantaloni, M.; Zucchini, M.; Zenobi, G.; Lodolini, E. M.; Marinelli, G.; Minelli, A.; Neri, D. (2025). Sustainable management strategy to preserve Green Infrastructure Heritage. The traditional landscape of olive trees in the city of Ancona, Italy. Land Use Policy. 156: 107603. https://doi.org/10.1016/j.landusepol.2025.107603
  19. Sheng, X.; Liu, G. (2024). Investigating the impact of the internet on managing green financial innovation and improving agricultural conditions in water-scarce Asian regions using ANN modeling. Scientific Reports. 14(1): 22365. https://doi.org/10.1038/s41598-024-72117-4
  20. Shmeleva, N.; Tolstykh, T.; Krasnobaeva, V.; Boboshko, D.; Lazarenko, D. (2024). Network integration as a tool for sustainable business development. Sustainability. 16(21): 9353. https://doi.org/10.3390/su16219353
  21. Song, Y.; Liu, M. (2025). Empowering sustainable farming: harnessing digital technology for green and low-carbon agricultural practices. Sustainability. 17(4): 1617. https://doi.org/10.3390/su17041617
  22. Sun, H.; Chen, J. (2023). The road to green innovation in agriculture: The impact of green agriculture demonstration zone on corporate green innovation. Environmental Science and Pollution Research. 30(57): 120340–120354. https://doi.org/10.1007/s11356-023-30707-1
  23. Widiastuti, D. P.; Hatta, M.; Aziz, H.; Permana, D.; Santari, P. T.; Rohaeni, E. S.; Ahmad, S. N.; Bakrie, B.; Tan, S. S.; Rakhmani, S. I. W. (2024). Peatlands management for sustainable use on the integration of maize and cattle in a circular agriculture system in West Kalimantan, Indonesia. Heliyon. 10(10): e31259. https://doi.org/10.1016/j.heliyon.2024.e31259
  24. Wu, W.; Lin, X. (2025). Digital inclusive finance for green transformation: Insight from green innovation, industrial upgrading, and employment quality. Journal of Innovation and Knowledge. 10(3): 100726. https://doi.org/10.1016/j.jik.2025.100726
  25. Xu, X.; Li, J.; Zheng, J. (2025). China’s industry–finance collaboration pilot in stimulating corporate green innovation. Sustainability. 17(10): 4508. https://doi.org/10.3390/su17104508
  26. Yang, T.; Huang, F. (2024). Does green finance matter for agricultural carbon abatement? Fresh insight from China. Environmental Science and Pollution Research. 31: 47157–47169. https://doi.org/10.1007/s11356-024-34106-y
  27. Yu, Y.; Chi, Z.; Yu, Y.; Zhao, J.; Peng, L. (2024). Boosting agricultural green development: Does socialized service matter? PLOS ONE. 19(6): e0306055. https://doi.org/10.1371/journal.pone.0306055
  28. Yuan, X.; Zhang, J.; Shi, J.; Wang, J. (2024). What can green finance do for high-quality agricultural development? Fresh insights from China. Socio-Economic Planning Sciences. 94: 101920. https://doi.org/10.1016/j.seps.2024.101920
  29. Zeng, H.; Yan, Y.; Cheng, L.; Zhang, B. (2025). The effects of institutional opening-up on sustainable agricultural development and its mechanisms: evidence from a quasi-natural experiment in China’s Pilot Free Trade Zones. International Journal of Agricultural Sustainability. 23(1): 2497636. https://doi.org/10.1080/14735903.2025.2497636
  30. Zhao, P.; Gao, S. (2025). Green trade barriers, financial support and agricultural exports. International Review of Economics and Finance. 97: 103758. https://doi.org/10.1016/j.iref.2024.103758
  31. Zhao, Y.; Gu, B.; Xu, X.; Yang, D. (2025). The role of green patents in innovation: An fsQCA study of Chinese listed agricultural enterprises. Sustainability. 17(5): 2317. https://doi.org/10.3390/su17052317
  32. Zheng, F.; Chen, S.; Wang, X. (2025). How the impact and mechanisms of digital financial inclusion on agricultural carbon emission intensity: new evidence from a double machine learning model. Frontiers in Environmental Science. 13: 1549623. https://doi.org/10.3389/fenvs.2025.1549623

Downloads

Não há dados estatísticos.