The impact of the CEO’s green ecological experience on corporate green innovation—The moderating effect of corporate tax credit rating and tax burden

Abstract

Using the data of listed companies in the Chinese capital market from 2014 to 2020, this paper studies the impact of the CEO’s green ecological experience on corporate green innovation and further analyzes the moderating effects of tax credit rating and tax burden. The results show that 1) the CEO’s green ecological experience can enhance corporate green innovation, 2) China’s tax credit rating positively moderates the impact of the CEO’s green ecological experience on corporate green innovation, and 3) corporate tax burden will negatively moderate the impact of the CEO’s green ecological experience on corporate green innovation.

A path towards enterprise environmental performance improvement: How does CEO green experience matter?

“…Column (2) shows that Green is significantly positive with Innovation , signifying that CEO green experience contributes to enterprise green technology innovation. This is consistent with the research findings of Wang et al (2023) that CEO green ecological experience can realize enterprise green innovation. Column (3) is the result of incorporating Green , Innovation , and EP into the same model for regression.…”

“…It means that recruiting CEOs with green experience can inject environmental awareness, financial support, and technical competence into the enterprises, which in turn provides advantages for improving environmental performance. This finding extends the research of Wang et al (2023) on the impact of CEO ecological experience on green innovation. In addition, the revelation of mediating mechanisms also deepens the research of environmental performance from the perspective of upper echelons perspective.…”

“…Thirdly, the environmental improvement effect of green experience has been significantly asymmetric. For one thing, this paper investigates the impact of CEO characteristics (CEO gender, CEO age and CEO education), which reveals the different economic consequences of CEO characteristic type and completes the relevant research on CEO environmental orientation by Andersén et al (2020) and Wang et al (2023). For another, we examine the impact of enterprise property right, industry pollution, and regional environmental protection pressure, and all results dissect the regularity of CEO green experience deeply.…”

“…However, CEOs with green experience can accumulate prior environmental knowledge and experience and are able to provide technical guidance for the development of cleaner production and energy conservation and emission reduction technologies and related applications. In addition, they can obtain various technology advantages with lower costs, which lessen the cost of management and further promote the improvement of enterprise environmental performance (Wang et al, 2023). Therefore, we propose Hypothesis 1 and sort out the possible mechanisms of the impact of CEO green experience on environmental performance in the following aspects.H1 CEO green experience contributes to the improvement of enterprise environmental performance.…”

Research on the Effect and Optimization Measures of Tax Preference on High-tech Enterprises

“…Published by Francis Academic Press, UK -149-master the various provisions of tax incentives, such as enterprise income tax technology transfer income exemption policy, employee education expenses deduction standards, special deductions, etc. [7] .…”