Measuring the Enterprise Green Innovation Strategy Decision-Making Quality: A Moderating—Mediating Model

Abstract

Green development helps to balance the conflict between economic expansion, environmental protection, and green strategy decisions by tackling the issue of excessive resource utilization during regional growth. This study aims to measure the green innovation strategic decisions quality by identifying the nexus between board capital, green innovation strategic information acquisition capability, and board group Faultline. A conceptual model has been proposed and tested to verify the proposed relationship. Data collection was analyzed using structural equation modeling in AMOS 24.0. The findings indicate that board human capital (BHC) and board social capital (BSC) have a beneficial influence on the quality of green innovation strategy decision-making. The green innovation strategic information acquisition capability plays a mediating role in the relationship between the two dimensions of board capital and the green innovation strategy decision-making quality. The mediating role of green innovation strategic information acquisition capability is moderated by board group Faultline. The core significance of this study is presented.

Impacts of digital transformation on corporate green technology innovation: Do board characteristics play a role?

“…This implies that boards must continually adjust their decisions on these matters to effectively react to alterations in external circumstances. Previous studies have examined how board characteristics influence either DT or GI individually (Chen & Hao, 2022; Feng, Pan, & Zhuang, 2022; He et al, 2021; He & Jiang, 2019; Meng et al, 2022; Nadeem et al, 2020; Naveed et al, 2022; Naveed et al, 2023; Usman et al, 2020; Zhao et al, 2022). For example, Chen and Hao (2022) contended that boards with higher levels of gender diversity and educational attainment lead to a stronger correlation between DT and corporate environmental performance.…”

Identifying the factors affecting strategic decision-making ability to boost the entrepreneurial performance: A hybrid structural equation modeling – artificial neural network approach

“…Strategic decision-making, especially in the realm of environmental sustainability, is the focus of academic research ( Bilancini et al, 2019 ). Since demographic characteristics are mostly related to human capital and theoretical explanations are limited, scholars have begun to study the impact of entrepreneurial and executive team characteristics on the quality of strategic decision-making ( Friedman and Carmeli, 2018 ; Feng et al, 2022 ). There is evidence from prior research suggesting a link between the aggression, core self-evaluation, and strategic decision-making abilities of the senior management team ( Clohessy and Acton, 2019 ; Gao et al, 2021 ).…”

“…With the information economy expanding so quickly, knowledge-based decisionmaking is seen as a key tool for success and prosperity (Yang et al, 2018;Jiatong et al, 2021a). The key factor influencing the performance and profitability of organizations is strategic decision-making (Feng et al, 2022). Because, the willingness to take risks and make decisions, as well as organizational product invention and market innovation, 10.3389/fpsyg.2022.1038604 are all linked to an individual's entrepreneurial performance (EP) (Li et al, 2020a).…”

“…Strategic decisions to engage in innovation are significantly influenced by global technological growth, which produces new patterns of doing business ( Xu et al, 2022 ). To increase management decision-making ability, enterprises should optimize the governance system, raise development awareness, design development plans based on long-term sustainable growth, and encourage enterprise strategy execution ( Feng et al, 2022 ; Hu et al, 2022 ; Wang and Liu, 2022 ). Furthermore, strategic decision-making behavior requires organizations to match the external environment and internal resource capabilities; however, most are constrained by internal resources and are unable to develop flexible strategies ( Li et al, 2020b ).…”

“…In a new current theory, behavioral change is used as a proxy for success or failure, and cognitive and affective aspects can be investigated as predictors of decision-making quality ( Feng et al, 2022 ). The level of cognitive acuity not only allows for more information sharing but also reduces the stress of controversy ( Kang and Lee, 2017 ).…”