Party organization embeddedness and corporate green innovation

Jiafeng Zheng and Yongqian Tu

Finance Research Letters, 2024, vol. 67, issue PB

Abstract: This study examines the influence of party organization embeddedness of the Communist Party of China (CPC) on corporate green innovation from two perspectives: structural embeddedness and relational embeddedness of the party organization, and analyzes the mediating role of internal control in both. The findings suggest that party organization embeddedness can promote corporate green innovation. Moreover, internal control serves to mediate this relationship partially, as party organization embeddedness enhances the effectiveness of corporate internal controls, which in turn, promotes green innovation.

Keywords: Party organization embeddedness; Green innovation; Internal control; Mediating effect (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:67:y:2024:i:pb:s1544612324008468

DOI: 10.1016/j.frl.2024.105816

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