Disruptive and incremental innovation as mediators in the CSR-financial performance link: evidence from Vietnam
Abstract
Purpose
This study aims to examine how disruptive and incremental innovations mediate the link between corporate social responsibility (CSR) and financial performance from a dynamic capability perspective. Moreover, this study uncovers the moderating effect of business type on the CSR–innovation relationship.
Design/methodology/approach
The authors conduct a quantitative research design through surveying 536 managers of enterprises in Vietnam.
Findings
The findings show the crucial mediating effect of disruptive innovation on the CSR–financial performance link. The authors observe that the influence of CSR on incremental innovation is stronger for state-owned businesses.
Originality/value
These findings offer valuable insights for firms aiming to align their CSR strategies with financial objectives and enhance their dynamic capabilities to drive innovation in rapidly changing business environment.
Keywords
Acknowledgements
The authors would like to thank VinUniversity for sponsoring this research.
Citation
Phan, T.T.A., Nguyen, N.L., Casanova, L., Nguyen, D.V. and Dao, H.M. (2025), "Disruptive and incremental innovation as mediators in the CSR-financial performance link: evidence from Vietnam", Corporate Governance, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/CG-04-2024-0187
Publisher
:Emerald Publishing Limited
Copyright © 2025, Emerald Publishing Limited