The Influence of State‐Ownership on Eco‐Innovations in Russian Manufacturing Firms

Roud, Vitaliy; Thurner, Thomas Wolfgang

doi:10.1111/jiec.12643

Cited by 17 publications

(5 citation statements)

References 129 publications

(128 reference statements)

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“…However, imperfect systems and shortsighted management can impede green transition. Our findings offer insights for promoting green transitions in developing nations with significant state ownership and environmental challenges (Roud and Thurner, 2018).…”

Section: Discussionmentioning

confidence: 91%

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State ownership, managerial myopia and corporate green transition: evidence from listed companies in China

Chen,

Bao

2023

MBR

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Purpose Green transition is a long-term direction of corporate development that can achieve sustainable corporate development. This study aims to investigate whether state ownership promotes corporate green transition by mitigating managerial myopia and the impact of environmental regulations, internal controls and ownership on this pathway. Design/methodology/approach Using data from 2,608 Chinese listed companies for 2010–2019, the authors investigate the relationship between state ownership, managerial myopia and corporate green transition by using fixed-effects and moderated mediation models. Findings State ownership can boost green transitions and alleviate managerial myopia. Managerial myopia mediates the relationship between state ownership and corporate green transition. Furthermore, environmental regulations, internal controls and ownership moderate the mediating effects of managerial myopia. Originality/value The authors construct a multidimensional green transition index to examine the influence of state ownership on corporate green transition behavior and reveal the underlying mechanism by which state ownership promotes green transition by “mitigating managerial myopia.” This study enriches the literature on state ownership, management myopia and green transition and provides important evidence for the promotion of mixed ownership reforms.

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Section: Discussionmentioning

confidence: 91%

“…China, Russia and Brazil) and developed countries (e.g. France and the USA), providing competitive advantages for firms (Roud and Thurner, 2018). Although state ownership is not dominant in Western economies, it remains significant in several countries (Bruton et al , 2015).…”

Section: Resultsmentioning

confidence: 99%

State ownership, managerial myopia and corporate green transition: evidence from listed companies in China

Chen,

Bao

2023

MBR

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“…The activities of the state corporations are indirect. The state uses indirect mechanisms of state participation through these legal entities in the implementation of public-private partnerships (Roud and Thurner, 2018). The analysis of the main features and characteristics of the state corporations revealed that they are a qualitatively new organizational and legal form in the Russian Federation.…”

Section: Resultsmentioning

confidence: 99%

Questioning State Corporations as Special Forms of Legal Entities

Shashkova¹,

Polovchenko²,

Волеводз³

2019

IJEBA

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Purpose: The idea of the present article lies in the research of the problem of the state regulation of legal entities with state participation. Design/Methodology/Approach: The subject of the study is based on the regulatory legal acts defining the legal status of state corporations, the legal status of their property and funds, and the legal regulation of financial control over their activities. The legal basis of the research is in the norms of constitutional, financial, administrative and civil law. Findings: The authors presented the overall analysis of the estate corporations, their competitive advantages, the effectiveness of the use of their powers and the value of the corporate social responsibility they promote. Practical Implications: The value of the article is to advice on amending Russian legislation and law enforcement practice to make state corporations accountable to the state. Originality/Value: The main contribution of the study is the detailed analysis of state corporations' business activity as well as their organizational and legal form. Authors suggested justified amendments to be introduced to the legislation and regulatory acts of the Russian Federation.

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“…Government funding of R&D for promoting energy saving mechanisms (Carrillo-Hermosilla et al, 2010;Guo et al, 2018;Jové-Llopis & Segarra-Blasco, 2018;Li et al, 2018;Yi et al, 2020) M7. Environmental regulation that stimulates win-win opportunities (Chang et al, 2019;Dewick & Foster, 2018;Feng & Chen, 2018;Gupta & Barua, 2018;Horbach et al, 2012;Jové-Llopis & Segarra-Blasco, 2018;Li et al, 2018;Roud & Thurner, 2018;Sanni, 2018;Tang et al, 2020;Wagner & Llerena, 2011) M8. Tax subsidy by government on environmentally friendly designs and products (Chang et al, 2019;Cooke, 2011;Díaz-García et al, 2015) M9.…”

Section: Round 3: Prioritisation Of Critical Network Factorsmentioning

confidence: 99%

“…Customer demands and preferences for environmentally friendly products (Horbach, 2016) M10. State ownership pressure on industries (Roud & Thurner, 2018) M11. Improving environmental efficiency for cost savings (Bossle et al, 2015) M12.…”

Section: Round 3: Prioritisation Of Critical Network Factorsmentioning

confidence: 99%

Critical network factors for eco‐innovation in manufacturing: A Delphi study from a triple helix perspective

2022

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Managing networks for eco‐innovation remains a top priority in manufacturing due to industrial collaborations being the de facto mode of functioning for modern manufacturing firms. Accordingly, an awareness of critical network factors is imperative for strategies that lead to successful sustainability‐focused partnerships and profitable collaborations. This study applies a group‐based multi‐criterion decision‐making technique—the Delphi methodology—to evaluate critical network factors for eco‐innovation in manufacturing from the viewpoint of 116 experts within the triple helix, that is, university, industry and government experts. The study uniquely frames the eco‐innovation strategy challenge for manufacturing from a network perspective. Review of literature and an online survey identifies 63 network motivational, configurational and transformational factors. Subsequent polled results show heterogeneity during Delphi selection (Cochran's Q: p < 0.001) and prioritisation (Friedman's Q: p < 0.001) rounds with ‘environmental concern by top management’, ‘innovative organisational strategies’, and ‘integrity norms of signed contract’ as the top motivational, configurational and transformational factors. The study also discusses the theoretical and managerial implications of the study for triadic orientations and triple helix framing of eco‐innovation networks and concludes by identifying research limitations and potential future research areas.

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The Influence of State‐Ownership on Eco‐Innovations in Russian Manufacturing Firms

Cited by 17 publications

References 129 publications

State ownership, managerial myopia and corporate green transition: evidence from listed companies in China

State ownership, managerial myopia and corporate green transition: evidence from listed companies in China

Questioning State Corporations as Special Forms of Legal Entities

Critical network factors for eco‐innovation in manufacturing: A Delphi study from a triple helix perspective

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