Do Managerial Ties Help or Hinder Corporate Green Innovation? The Moderating Roles of Contextual Factors

Yu Zhang and Yajuan Wang
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Yu Zhang: Business School, Hohai University, Nanjing 211100, China
Yajuan Wang: International Business School, Shaanxi Normal University, Xi’an 710119, China

IJERPH, 2022, vol. 19, issue 7, 1-19

Abstract: Green innovation has significant implications for firms’ financial, environmental, and social performance. However, its externalities may inhibit the proactive involvement of firms in such initiatives. In this study, we examined the roles of two types of managerial ties (i.e., business and political) in green innovation and further investigated the moderating effects of two types of contextual factors (i.e., environmental regulations and competitive intensity). By conducting an empirical study using survey data from 218 samples, we confirm that business ties positively affect green innovation while political ties have an inverted U-shaped effect. Moreover, the relationship between managerial ties and green innovation is contingent on specific context settings. Our results show that the environmental regulations enforced by the government strengthen both the effects of business and political ties, while the competitive intensity has no effect on the relationship between business ties and green innovation; however, it sharpens the curvilinear effect of political ties.

Keywords: green innovation; managerial ties; environmental regulations; competitive intensity (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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