Professional experience of CEOs in industry associations and corporate green innovation-empirical evidence from China

Wang Haojun and Li Jiazhu

Pacific-Basin Finance Journal, 2024, vol. 85, issue C

Abstract: This paper provides a theoretical explanation for how the professional experience of CEOs in industry associations impacts corporate green innovation, with data on the professional experience of CEOs in industry associations collected manually to perform an empirical analysis on the annual observation data of Chinese listed companies from 2007 to 2021. The results show that there is a positive correlation between the professional experience of CEOs in industry associations and corporate green innovation, and this positive correlation is more significant in regions with higher levels of institutional development and enterprises with CEOs with professional experience in industry associations with higher administrative levels and CEOs with experience of green innovation. Tests of action mechanisms have further verified that the professional experience of CEOs in industry associations is conducive to shaping environmental awareness and ethics and alleviating perceived uncertainty of economic policies and financing restrictions, thus promoting green innovation activities among enterprises.

Keywords: CEO professional experience in industry association; Corporate green innovation; Imprinting theory (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0927538X24001343
Full text for ScienceDirect subscribers only

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:eee:pacfin:v:85:y:2024:i:c:s0927538x24001343

DOI: 10.1016/j.pacfin.2024.102383

Access Statistics for this article

Pacific-Basin Finance Journal is currently edited by K. Chan and S. Ghon Rhee

More articles in Pacific-Basin Finance Journal from Elsevier
Bibliographic data for series maintained by Catherine Liu ().