CEO’s R&D experience and green innovation: Evidence from China
Umair Bin Yousaf,
Imran Yousaf,
Haroon Hussain and
Muhammad Jameel Hussain
Journal of International Money and Finance, 2025, vol. 157, issue C
Abstract:
This study examines the impact of CEO’s research and development (R&D) experience on corporate green innovation. Using a sample of Chinese listed firms from 2008 to 2021 and hand-collected data on R&D experience, we find a significant and positive association between CEO’s R&D experience and corporate green innovation. Further analysis reveals that this relation is accentuated in the presence of high media coverage, high-quality auditors, and low market competition. At the same time, it is attenuated when CEOs have higher ownership, their stay in the organization is extended, and the organization faces financial constraints. Additionally, absorptive capacity and managerial ability serve as possible mechanisms underlying this relationship. Our findings offer important implications for policymakers, management, and practitioners seeking to enhance environmental sustainability and green practices.
Keywords: CEO’s R&D experience; Green innovation; China (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jimfin:v:157:y:2025:i:c:s0261560625001093
DOI: 10.1016/j.jimonfin.2025.103374
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