Does chief executive officer turnover affect green innovation quality and quantity? Evidence from China’s manufacturing enterprises

Zhang, Yuming; Liu, Han; Li, Menghan

doi:10.1007/s11356-022-20365-0

Cited by 9 publications

(2 citation statements)

References 131 publications

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“…Although research on digitalization and green innovation has gradually enriched, as mentioned earlier, the potential mechanism of correlation between digital transformation and green innovation has not been fully explored (Mubarak et al, 2021;Zhang et al, 2022a;He et al, 2023). Based on the characteristics of green innovation, we attempt to analyze the potential mechanism of digital transformation to promote green innovation from three dimensions: financing constraints, information asymmetry, and human capital.…”

Section: Financing Constraints Information Asymmetry and Human Capitalmentioning

confidence: 99%

“…Owing to the increasingly severe natural resource constraints and continuous changes in climate risks, countries around the world are seeking circular and low-carbon sustainable development paths, actively addressing environmental challenges while opening up the commanding heights of future economic competition. Green innovation is expected to coordinate environmental protection and economic growth and is key to achieving sustainable development goals (Zhang et al, 2022a). Over the past decade, various determinants of green innovation have been explored, but the main focus has been on environmental regulation (Guo et al, 2018;Fan et al, 2021;Peng and Tao, 2022).…”

Section: Introductionmentioning

confidence: 99%

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Digital transformation and green innovation: firm-level evidence from China

Wang,

Zhong

2024

Front. Environ. Sci.

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The technological source of green innovation has been a persistent theme in environmental economics. In more recent years, digital technology has triggered a new round of social changes and is viewed as the emerging growth engine, leading to significant improvements in productivity and innovation. However, whether digital technology can promote green innovation remains an unknown issue. This study elucidates the causal relationship between digital transformation and green enterprise innovation for Chinese companies during 2009–2019. The findings indicate that digital transformation positively affects the quantity and quality of green innovation performance. Each standard deviation increase in the degree of digital transformation increases the quantity and quality of green enterprise innovation by 2.924% and 2.124%, respectively. Additionally, digital transformation drives green innovation by alleviating financing constraints and information asymmetries and improving human capital. This effect is more pronounced among enterprises in regions with high levels of environmental investment, clean industries, and stringent environmental regulations. By highlighting the linkage between firm-level digital transformation and green innovation, this study contributes to our understanding of the positive environmental externality associated with the diffusion of digital technology and offers valuable insights for the sustainable development of emerging economies.

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Section: Financing Constraints Information Asymmetry and Human Capitalmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Digital transformation and green innovation: firm-level evidence from China

Wang,

Zhong

2024

Front. Environ. Sci.

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Factors affecting firms’ green technology innovation: an evolutionary game based on prospect theory

Wang

2022

Environ Monit Assess

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Board of directors and environmental practices: the effect of board experience, culture, and tenure

Gallego-Álvarez,

Rodriguez-Dominguez

2023

Environ Dev Sustain

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This study analyses whether board diversity in terms of gender and culture, as well as members’ experience and tenure, has a positive influence on the undertaking of environmental practices. The analysis was performed on a broad sample of international companies from 29 countries, on the basis of an index made up of 55 environmental activities. We designed a Tobit model in which the index of environmental practices is a function of several features of the board. The findings confirm that more diverse boards, with more experienced and long-tenured members, are more prone to the environmental commitment by promoting a broader range of environmental initiatives. The article provides new insights in terms of the influence of board diversity in culture, experience, and tenure. We extend previous literature by analysing these factors, whose effects have been less studied, rather than other drivers (such as board size and independence). Corporate governance mechanisms, and more specifically, the board of directors, may play an essential role in ensuring congruence among a firm’s actions, stakeholders’ demands, and societal expectations. The advantages derived from a wider knowledge base and diversity in the board lead to a pro-environmental vision on behalf of the company.

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Does chief executive officer turnover affect green innovation quality and quantity? Evidence from China’s manufacturing enterprises

Cited by 9 publications

References 131 publications

Digital transformation and green innovation: firm-level evidence from China

Digital transformation and green innovation: firm-level evidence from China

Factors affecting firms’ green technology innovation: an evolutionary game based on prospect theory

Board of directors and environmental practices: the effect of board experience, culture, and tenure

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