Female executives, corporate social responsibility, and green innovation

Siyang Hu and Shaoling Wu

Finance Research Letters, 2025, vol. 79, issue C

Abstract: This paper explores the impact of female executives on corporate green innovation and its potential mechanisms, based on data from Chinese A-share listed companies between 2011 and 2022. The results indicate a significant negative effect of female executives on corporate green innovation, with this impact being particularly pronounced in non-high-tech industries and firms with high financial leverage. Furthermore, when corporate social responsibility is strong or when the executive team has an international background, the risk-aversion tendency of female executives significantly diminishes, leading to a higher willingness for green innovation.

Keywords: Female executives; Green innovation; Corporate social responsibility; Executive overseas background (search for similar items in EconPapers)
JEL-codes: G34 J16 M14 O31 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:79:y:2025:i:c:s1544612325005495

DOI: 10.1016/j.frl.2025.107286

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