2023
DOI: 10.1080/09537325.2023.2196585
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Corporate social responsibility and green exploratory innovation - the moderating role of three environmental regulations

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Cited by 28 publications
(4 citation statements)
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“…Many external and internal factors influence CEB [ 5 , 70 , 81 , 82 ]. To control for factors that are likely to confound the relationship between environmental regulation and CEB, a vector of firm- and province-level control variables is included [ 5 , [83] , [84] , [85] , [86] ]. At the firm level, we control for firm size ( Size ) as the logarithm of total assets, financial leverage ( Lev ) as total debt divided by total assets, firm age ( Age ) as the logarithm of firm age plus 1, firm profitability ( ROA ), liquidity ( Invrec ) as the proportion of inventory and accounts receivable to total assets, firm growth ( Growth ) as the growth rate of revenue, the shareholding ratio of the largest shareholder ( Top ), the proportion of executive shareholding ( Mgt ), the proportion of independent directors to total directors ( Pindepen ), and the nature of ownership ( Ownership ), which equals 1 if the firm is state-owned, and 0 otherwise.…”
Section: Data Variables and Methodsmentioning
confidence: 99%
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“…Many external and internal factors influence CEB [ 5 , 70 , 81 , 82 ]. To control for factors that are likely to confound the relationship between environmental regulation and CEB, a vector of firm- and province-level control variables is included [ 5 , [83] , [84] , [85] , [86] ]. At the firm level, we control for firm size ( Size ) as the logarithm of total assets, financial leverage ( Lev ) as total debt divided by total assets, firm age ( Age ) as the logarithm of firm age plus 1, firm profitability ( ROA ), liquidity ( Invrec ) as the proportion of inventory and accounts receivable to total assets, firm growth ( Growth ) as the growth rate of revenue, the shareholding ratio of the largest shareholder ( Top ), the proportion of executive shareholding ( Mgt ), the proportion of independent directors to total directors ( Pindepen ), and the nature of ownership ( Ownership ), which equals 1 if the firm is state-owned, and 0 otherwise.…”
Section: Data Variables and Methodsmentioning
confidence: 99%
“…At the province level, we control for the province's law enforcement environment ( Law ) [ 87 ] and the province's investment in treating industrial pollution ( Polinvest ) [ 88 ]. We also control for industry ( IND ) and time ( YEAR ) effects with standard errors clustered at the firm level [ 84 ].…”
Section: Data Variables and Methodsmentioning
confidence: 99%
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“…Under such a background, CSR in China has the epitome of both developed and developing countries. On the one hand, China's government supervision is similar to that of developed countries, which tends to be perfected in CSR construction (Chen et al, 2023). On the other hand, social supervision in China is similar to that in developing countries.…”
Section: Introductionmentioning
confidence: 99%