RT Journal Article
T1 Sustainable product innovation in agri-food industry: Do ownership structure and capital structure matter?
A1 Aibar Guzmán, Beatriz
A1 García Sánchez, Isabel María
A1 Aibar Guzmán, Cristina
A1 Hussain, Nazim
K1 Innovation
K1 Sustainable products
K1 Ownership structure
K1 Corporate capital structure
K1 Agri-food sector
AB Sustainable product innovation is a key issue facing agri-food companies to maintain and increase their competitiveness. Based on a sample of 320 international agri-food companies for the period 2002–2017, this paper analyzes the role that ownership structure and capital structure play with regard to sustainable product innovation as well as whether these financing decisions differ depending on the firm's ownership structure. The results indicate that family-owned firms show an aversion to this type of eco-innovation projects, regardless of their source of financing. On the contrary, ownership by cross-holdings favors investment in sustainable product innovation projects, showing a greater preference for the use of debt financing versus auto-financing to fund them
PB Elsevier
SN 2530-7614
YR 2022
FD 2022
LK https://hdl.handle.net/10347/42243
UL https://hdl.handle.net/10347/42243
LA eng
NO Aibar-Guzmán, B., García-Sánchez, I. M., Aibar-Guzmán, C., & Hussain, N. (2022). Sustainable product innovation in agri-food industry: Do ownership structure and capital structure matter?. Journal of Innovation & Knowledge, 7(1), 100160. https://doi.org/10.1016/j.jik.2021.100160
NO Ministerio de Ciencia, Innovación y Universidades [Grant/Award Number: RTI2018- 093423- B- I00]; Consejería de Educación, Junta de Castilla y León [Grant/Award Number: SA069G18]; Universidad de Salamanca [Grant/Award Number: USAL2017- DISAQ]; Junta de Castilla y León y Fondo Europeo de Desarrollo Regional [Grant/Award No. CLU-2019-03 Unidad de Excelencia “Gestión Económica para la Sostenibilidad” (GECOS)]; and Xunta de Galicia [Grant/Award Number: 2020 GPC GI2016].
DS Minerva
RD 27 abr 2026