Impact of Political Connections on Corporate Environmental Performance: From a Green Development Perspective
Liming Zhang,
Fei Ye,
Li Yang and
Guichuan Zhou
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Liming Zhang: Business School, Sichuan University, Chengdu 610065, China
Fei Ye: Business School, Sichuan University, Chengdu 610065, China
Li Yang: Business School, Sichuan University, Chengdu 610065, China
Guichuan Zhou: Business School, Sichuan University, Chengdu 610065, China
Sustainability, 2019, vol. 11, issue 5, 1-17
Abstract:
Employing a sample consisting of Chinese A-share listed companies, this study carries out an empirical research to investigate the influence path of political connections on enterprise environmental performance. The results show a strong positive association between political connections and corporate environmental performance, and green technology innovation plays the mediating role between them. In addition, public participation negatively moderates the relationship between political connections and corporate environmental performance. When the level of public participation is higher, the relationship between political connections and corporate environmental performance becomes weaker.
Keywords: political connections; corporate environmental performance; green technology innovation; public participation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:5:p:1317-:d:210460
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