CEOs' regulatory focus, slack resources and firms' environmental innovation

Liao, Zhongju; Long, Siying

doi:10.1002/csr.1514

Cited by 57 publications

(49 citation statements)

References 56 publications

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“…To reduce costs, companies implement green practices by reducing waste in terms of materials and energy. Managers have the power to directly influence a company's engagement in green practices through developing corporate strategy and trying to improve financial performance (Liao & Long, 2018). More companies are willing to follow sustainability guidelines to improve their reputation.…”

Section: Green Motives and Green Value Co-creationmentioning

confidence: 99%

Do green motives influence green product innovation? The mediating role of green value co‐creation

Chang

2018

Corp Soc Responsibility Env

111

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This empirical study tests hypotheses using a questionnaire survey to explore the positive effect of green motives on green product innovation performance through the mediator of a novel construct, green value co-creation, in Taiwanese manufacturing companies. In this study, three green motives are examined: instrumental, relational, and moral motives. Green value co-creation is divided into two parts: green co-production and green value-in-use. This research reveals that moral motives are a much stronger driver than instrumental and relational motives. This study also determines that instrumental and moral motives have positive effects on green product innovation performance. However, no positive associations are observed among relational motives green co-production, green value-in-use, and green product innovation performance. This study suggests that Taiwanese manufacturing companies should invest more resources to enhance moral motives, because they are positively associated with green value co-creation and green product innovation performance.

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Section: Green Motives and Green Value Co-creationmentioning

confidence: 99%

Do green motives influence green product innovation? The mediating role of green value co‐creation

Chang

2018

Corp Soc Responsibility Env

111

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“…As an environmental protection strategy and a demonstration of firms' sense of responsibility to the environment, environmental innovation has been a major subtopic of environmental study. Currently, there is much research being done on the impact of existing institutions (Ghisetti & Pontoni, 2015; Marin & Zanfei, 2019), stakeholders (Huang, Hu, Liu, Yu, & Yu, 2016), senior management (Liao & Long, 2018), and resources (Cainelli, De Marchi, & Grandinetti, 2015) on environmental innovation and the impact of environmental innovation on firms' performance (Andries & Stephan, 2019; Doran & Ryan, 2016) and competitive advantage (Liao, 2016).…”

Section: Introductionmentioning

confidence: 99%

Is environmental innovation contagious? A study on the mechanism of individual firms' environmental innovation affecting the industry

Liao

Yan

2020

Sustainable Development

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Based on the social network theory, this paper examined the contagion effect of a firm's environmental innovation on the industry. We selected the firm's ownership as the moderator variable and industry's financial performance as the mediator variable. Multiple regression analysis was used to test the model with the data of 1,588 listed firms among 28 industries in the Chinese manufacturing sector between 2012 and 2018. The results showed that the individual firm's environmental innovation had a contagion effect on the environmental innovation of other firms in the same industry, that is, the higher the degree of individual firms' environmental innovation, the higher the degree of environmental innovation will be in other firms. Further research indicates that the firm's ownership structure affects the environmental innovation contagion mechanism: when individual firms are privately owned, the contagion effect is stronger. In addition, the individual firm's environmental innovation undercut the financial performance of other firms in the same industry, which, in turn, promotes environmental innovation among these firms.

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“…The greater the level of resource slack owned by the company, the greater the company's ability to improve positive performance (Cyert & March, 1963;Bourgeois, 1981;Chen, 2008;Iyer & Miller, 2008;Lin et al, 2009). Liao & Long (2018) found that slack resources had a positive influence on environmentally friendly product innovations in selecting company CEOs. Furthermore, this positive effect also directs slack resources help the company to succeed in every environmental change (Liao & Long, 2018).…”

Section: Slack Resourcesmentioning

confidence: 99%

“…Liao & Long (2018) found that slack resources had a positive influence on environmentally friendly product innovations in selecting company CEOs. Furthermore, this positive effect also directs slack resources help the company to succeed in every environmental change (Liao & Long, 2018).…”

Section: Slack Resourcesmentioning

confidence: 99%

Attainment Discrepancy Level, Firm Resources Slack, and Sticky Cost

Priantana

Rohman

Fuad

2020

IJFR

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The aim of this study is to further develop the behavioral theory of the firm into the context of sticky cost research. The company’s actions in managing resources can be explained through the concept of attainment discrepancy level and resource slack in the behavioral theory of the firm explaining the company’s sticky costs. This study also examines the effect of attainment discrepancy levels, both historical and social, on cost behavior between slack dimensions and overall slack. To examine it, this study used 2,416 observations data from 302 companies listed on the Indonesian Stock Exchange during 2009-2017. Using Eviews 10, the estimation results of the regression model based on HAC find that the attainment of discrepancy level and resource slack affects sticky costs. Specifically, this study found that historical attainment discrepancy level causes sticky cost behavior to decrease, whereas social attainment discrepancy level increases cost behavior to become more sticky cost. The effect of resource slack on sticky cost behavior is reduced, both for each slack dimension and for the overall slack. Furthermore, the results show that the existence of certain types of slack, namely unabsorbed slack, increases the company’s sticky cost behavior when it is associated with historical attainment discrepancy levels. To sum up, these results indicate that the firm makes internal business processes as the focus of attention in managing the company’s resources. As a consequence, this situation can be used as an alternative explanation for the company’s asymmetric cost behavior.

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CEOs' regulatory focus, slack resources and firms' environmental innovation

Cited by 57 publications

References 56 publications

Do green motives influence green product innovation? The mediating role of green value co‐creation

Do green motives influence green product innovation? The mediating role of green value co‐creation

Is environmental innovation contagious? A study on the mechanism of individual firms' environmental innovation affecting the industry

Attainment Discrepancy Level, Firm Resources Slack, and Sticky Cost

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