Air Pollution and Corporate Innovation: Does Top Management Quality Mediate and Government Talent Policy Moderate?

Rui Zhu, Kaili Ma, Xiyu Chen and Jingjing Zhao ()
Additional contact information
Rui Zhu: School of Economics and Management, Changsha University of Science and Technology, Changsha 410004, China
Kaili Ma: School of Economics and Management, Changsha University of Science and Technology, Changsha 410004, China
Xiyu Chen: School of Economics and Management, Changsha University of Science and Technology, Changsha 410004, China
Jingjing Zhao: Zhejiang College, Shanghai University of Finance and Economics, Jinhua 321000, China

Sustainability, 2024, vol. 16, issue 17, 1-25

Abstract: Air pollution not only poses significant threats to the physical and mental well-being of individuals, but it also has the potential to trigger a regional brain drain, thus inhibiting corporate innovation performance. This study explores the impact of air pollution on corporate innovation from the perspective of top management quality. We find that lower air quality significantly reduces the quality of corporate top management, thereby reducing their innovation output. However, local government talent attention alleviates the negative impact of air pollution on corporate innovation. Further analysis reveals that the local government’s environmental attention aggravates the negative effects of air pollution on corporate innovation. Finally, executive compensation alleviates the negative impact of air pollution on corporate innovation.

Keywords: air pollution; corporate innovation; top management quality; talent policy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/17/7615/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/17/7615/ (text/html)

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:gam:jsusta:v:16:y:2024:i:17:p:7615-:d:1469944

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().