Avoid or approach: How CEO power affects corporate environmental innovation

Zhang, Yang; Li, Jian; Deng, Yaling; Zheng, Yi

doi:10.1016/j.jik.2022.100250

Cited by 27 publications

(18 citation statements)

References 95 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The main ideas include that the CEO's education level is positively associated with corporate environmental responsibility. CEOs with higher educational backgrounds are associated with a more comprehensive understanding of environmental knowledge and values, which helps to increase the company's environmental responsibility (Zhang, 2017); CEO power plays a significant positive role in promoting environmental innovation (Zhang, Li, Deng, & Zheng, 2022), with higher CEO power enhancing the impact of environmental and social responsibility disclosure on firm value (Khan et al, 2021); CEO compensation is inversely related to environmental performance (Stanwick & Stanwick, 2001); and CEO age has a negative effect on the voluntary disclosure of environmental management information (Chithambo et al, 2020). CEO duality profoundly affects CSR disclosure (Nadeem, 2021).…”

Section: Literature Analysis and Research Hypothesismentioning

confidence: 99%

“…CEO characteristics deeply affect the firm's environmental performance, and CEO ownership has a strong impact on environmental performance (Khan & Liu, 2023). CEOs' cognitive abilities can contribute to maintaining good environmental performance (Sarfraz et al, 2020), and CEO power has a positive role in promoting innovation in corporate environmental performance (Zhang, Li, Deng, & Zheng, 2022). An analysis of data from Chinese listed companies from 2007 to 2017 found that the employment of executives with environmental backgrounds facilitates the entry of green investors, and the higher the number of executives with environmental backgrounds, the more green investors are attracted to invest in the company (Wang et al, 2022).…”

Section: Literature Analysis and Research Hypothesismentioning

confidence: 99%

See 1 more Smart Citation

Environmental backgrounds of CEOs and corporate environmental management information disclosure: The mediating effects of financing constraints and media attention

Zhu

2023

Corp Soc Responsibility Env

View full text Add to dashboard Cite

In the context of the global economy's green and low‐carbon development, companies are paying increasing attention to environmental management. This study compiles statistics on Chinese listed firms from 2010 to 2020 and examines the influence of CEOs' environmental background on corporate environmental management information disclosure based on imprinting theory. It found that CEOs with environmental backgrounds are more willing to disclose corporate environmental management information, and the level of disclosure is high. By attracting media attention and reducing the company's financing constraints, CEOs with an environmental background can enhance the level of corporate environmental management information disclosure, according to the analysis of the impact mechanism. Further research revealed that CEO environmental background promoted corporate environmental management information disclosure more significantly in state‐owned and heavily polluting enterprises.

show abstract

Section: Literature Analysis and Research Hypothesismentioning

confidence: 99%

Section: Literature Analysis and Research Hypothesismentioning

confidence: 99%

Environmental backgrounds of CEOs and corporate environmental management information disclosure: The mediating effects of financing constraints and media attention

Zhu

2023

Corp Soc Responsibility Env

View full text Add to dashboard Cite

show abstract

“…Since powerful CEOs tend to focus more on the potential benefits of environmental innovation than on its cost and risk, they are more likely to allocate resources to eco-innovation (Y. Zhang et al, 2022). Further, firms with powerful CEOs can more quickly adopt innovative solutions (Hassan et al, 2023).…”

Section: The Moderating Effect Of Ceo Power On the Environmental Inno...mentioning

confidence: 99%

“…Zhang et al, (2017) and the impact of CEO power on sustainability performance (Breuer et al, 2022;Fabrizi et al, 2014;Francoeur et al, 2021;Jiraporn & Chintrakarn, 2013;Jizi et al, 2014;Y. Li et al, 2018;Pucheta-Martínez & Gallego-Álvarez, 2021;Walls & Berrone, 2017;Y. Zhang et al, 2022).…”

Section: Introductionmentioning

confidence: 99%

Inovação ambiental e iniciativas gerenciais de redução de carbono: o efeito moderador do poder do CEO

Vasconcelos

Ribeiro

2023

R. Contemp. Contab.

View full text Add to dashboard Cite

Baseado nas teorias da legitimidade e stakeholders, este artigo investiga como a inovação ambiental afeta as iniciativas gerenciais para a redução de carbono e se o poder do Chief Executive Officer (CEO) modera esta relação. Foram analisadas observações de 331 empresas latino-americanas e como variável dependente utilizou-se um índice de iniciativas gerenciais para redução de carbono. Os resultados da regressão Feasible Generalized Least Squares (FGLS) indicam que a inovação ambiental influencia positivamente as iniciativas gerenciais para a redução de carbono. Os resultados também mostram que o poder do CEO modera positivamente esta relação. Além disso, o comitê de responsabilidade social corporativa e o tamanho da empresa influenciam positivamente as iniciativas gerenciais para redução de carbono e a alavancagem tem uma relação negativa com estas iniciativas. A pesquisa reforça a importância da inovação ambiental no combate às mudanças climáticas e ao aquecimento global.

show abstract

“…Conducting in‐depth research on CEOs' characteristics is crucial in stimulating intrinsic motivation for companies' green innovation. In recent years, scholars have attempted to conduct in‐depth research on characteristics such as the CEO's level of education (Zhou et al, 2021), power (Zhang et al, 2022), hometown identity (Ren et al, 2021), and overseas experience (Quan et al, 2021). They have found that higher levels of education, superior power, stronger hometown identity, and overseas backgrounds all promote companies' green innovation.…”

Section: Introductionmentioning

confidence: 99%

A good name is rather to be chosen: The impact of CEO reputation incentives on corporate green innovation

Sun,

Cifuentes‐Faura,

Xiao

et al. 2023

Bus Strat Env

View full text Add to dashboard Cite

In contrast to studies examining the effects of government incentives such as environmental regulation on corporate green innovation, this paper investigates the influence of CEO reputation, a market‐based incentive mechanism, on companies' green innovation behavior. Utilizing green patent data from Chinese A‐share listed companies from 2007 to 2020, we construct a CEO reputation index through principal component analysis and examine its impact on corporate green innovation behavior and underlying mechanisms. Our findings indicate that CEO reputation positively affects companies' green innovation behavior. This effect is primarily driven by reducing financing constraints, CEOs' risk perception, and rising environmental awareness. Further heterogeneity analysis reveals the positive relationship between CEO reputation and green innovation behavior is more pronounced in companies with strong executive compensation incentives, political connections, and effective internal control.

show abstract

Avoid or approach: How CEO power affects corporate environmental innovation

Cited by 27 publications

References 95 publications

Environmental backgrounds of CEOs and corporate environmental management information disclosure: The mediating effects of financing constraints and media attention

Environmental backgrounds of CEOs and corporate environmental management information disclosure: The mediating effects of financing constraints and media attention

Inovação ambiental e iniciativas gerenciais de redução de carbono: o efeito moderador do poder do CEO

A good name is rather to be chosen: The impact of CEO reputation incentives on corporate green innovation

Contact Info

Product

Resources

About