RETRACTED ARTICLE: Does the political promotion incentive of state-owned enterprise executives facilitate green innovation?

Yiyang Gu, Peng Wu () and Lei Gao
Additional contact information
Yiyang Gu: Southeast University
Peng Wu: Southeast University
Lei Gao: The State University of New York at Geneseo

Economic Change and Restructuring, 2024, vol. 57, issue 2, No 65, 31 pages

Abstract: Abstract There is now a global consensus on the imperative need for energy transition and sustainability. Green innovation has emerged as a key driver to achieve these goals, and governments have recognized the importance of facilitating it. Within this context, we offer a unique perspective by examining the impact of political promotion incentives on green innovation among executives of state-owned enterprises (SOEs), shedding light on the government’s role in fostering energy transition and sustainable practices. Our findings demonstrate that governments can effectively foster a commitment to green innovation among SOE executives by integrating green indicators into the criteria used for political promotions. Notably, we find that this positive influence is more prominent when the likelihood of political promotion is higher. We provide valuable recommendations for policymakers seeking to facilitate energy transition and drive sustainable development, particularly for economies with a substantial SOE presence.

Keywords: Political promotion; Government intervention; Green innovation; Energy transition; Sustainability (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10644-024-09671-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:ecopln:v:57:y:2024:i:2:d:10.1007_s10644-024-09671-4

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10644/PS2

DOI: 10.1007/s10644-024-09671-4

Access Statistics for this article

Economic Change and Restructuring is currently edited by George Hondroyiannis

More articles in Economic Change and Restructuring from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().