Executives with overseas background and green innovation

Yizhe Zheng, Jiali Li and Xinhe Zhang

Finance Research Letters, 2023, vol. 58, issue PD

Abstract: The article explores the relationship between executives' overseas background and corporate green innovation and the mechanism of their role, using A-share listed companies from 2012 to 2022 as the research object. The analysis shows that executives' overseas background will significantly promote corporate green innovation output; executives with overseas experience are more willing to take risks and are willing to carry out green innovation activities with higher uncertainty and longer payback cycle of ordinary investment and R&D innovation; executives with overseas background can improve corporate financing constraints, which will then positively promote corporate green innovation.

Keywords: Executives' overseas background; Green innovation; Risk-taking; Financing constraints (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:58:y:2023:i:pd:s1544612323009881

DOI: 10.1016/j.frl.2023.104616

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