Management executive power and corporate green innovation——Empirical evidence from China's state-owned manufacturing sector
Gao(高凯), Kai,
Wang(王玲), Ling,
Liu(刘婷婷), Tingting and
Zhao(赵华擎), Huaqing
Technology in Society, 2022, vol. 70, issue C
Abstract:
This paper focuses on how management power affects corporate green innovation. Through a survey of listed manufacturing firms in China from 2012 to 2019, we find that the relationship between management power and green innovation is negative and significant, and it is more pronounced in state-owned firms. Furthermore, our study shows that management power inhibits corporate green innovation in state-owned enterprises (SOEs) by reducing innovation inputs. In addition, mixed ownership reforms in SOEs can strengthen management power, and thus negatively affecting green innovation. The research in this paper enriches the literature on management power, green innovation and other related areas. It also has important implications for how to deepen the mixed ownership reform.
Keywords: Management power; Green innovation; State ownership; Mixed ownership reform; China (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:70:y:2022:i:c:s0160791x22001841
DOI: 10.1016/j.techsoc.2022.102043
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