 The role of party embeddedness in environmental governance of Chinese firms: An institutional perspectiveJian Li, Yueru Zhao, Nengzhi Yao, Qiaozhe Guo and Lexin Zhao Journal of Business Research, 2025, vol. 189, issue C Abstract: Despite the importance of political forces in corporate environmental practices, whether party embeddedness, an important form of political governance, affects corporate environmental investment remains unclear. Drawing on institutional theory, this study explores the relationship between party embeddedness and corporate environmental investment and the moderating roles of three institutional pillars (legal development, media attention and firm polluting status). Utilizing panel data of 1,652 publicly listed firms in China from 2010 to 2022, our findings indicate that the embeddedness of the Chinese Communist Party (CCP) within firms has a positive impact on their environmental investment. Moreover, the positive effect is strengthened for firms in regions with advanced legal development and those in heavily polluting status. These findings contribute to a more comprehensive understanding of political forces in environmental governance and offer important implications for promoting sustainable business practices. Keywords: Party embeddedness; Chinese Communist Party; Corporate environmental investment; Legal development; Institutional theory (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:189:y:2025:i:c:s0148296324006805 DOI: 10.1016/j.jbusres.2024.115176 Access Statistics for this article Journal of Business Research is currently edited by A. G. Woodside More articles in Journal of Business Research from Elsevier |
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