CEO green background and enterprise green innovation

Utilizing data from A-share listed companies from 2007 to 2021, this paper delves into the influence of CEOs' green backgrounds on corporate green innovation and the moderating effect of ownership concentration. The results indicate that a CEO's green background significantly and positively enhances corporate green innovation. Furthermore, ownership concentration positively moderates the relationship between a CEO's green background and corporate green innovation. Additionally, the impact of a CEO's green background on green innovation is more pronounced in companies located in the central and western regions, non-state-owned enterprises, and non-high-tech industries.

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Publication Details

Journal
International Review of Economics & Finance
Published
2024-11-28
DOI
https://doi.org/10.1016/j.iref.2024.103765
Citations
29
Primary Topic
Environmental Sustainability in Business
Type
article
Field-Weighted Citation Impact
12.73

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article

CEO green background and enterprise green innovation

Weixuan Hu, Shuling Shi
29 citations
International Review of Economics & Finance
Environmental Sustainability in Business
12.73
article

CEO green background and enterprise green innovation

Weixuan Hu, Shuling Shi
article en
29 citations

Abstract

Utilizing data from A-share listed companies from 2007 to 2021, this paper delves into the influence of CEOs' green backgrounds on corporate green innovation and the moderating effect of ownership concentration. The results indicate that a CEO's green background significantly and positively enhances corporate green innovation. Furthermore, ownership concentration positively moderates the relationship between a CEO's green background and corporate green innovation. Additionally, the impact of a CEO's green background on green innovation is more pronounced in companies located in the central and western regions, non-state-owned enterprises, and non-high-tech industries.

International Review of Economics & FinanceVol. 97
Tianjin University of Commerce (CN)
Ministry of Education of the People's Republic of China
Industry, innovation and infrastructure
Openalex Percentile: Top 1%
Environmental Sustainability in Business
12.73
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