Research on the Impact of Executive Environmental Background on Corporate Green Innovation——Based on Empirical Analysis of A-Share Listed Enterprises
In the context of sustainable development,corporate green innovation has attracted the attention of the academic circle,but the past research lacks the exploration of corporate green innovation with the environmental protection background of corporate executives.In order to explore whether the environmental protection background of executives has an impact on the green innovation of enterprises,this study was based on the data of A-share listed companies from 2011 to 2021.Employing a text analysis approach,this study constructed an index for executive environmental background and established a two-way fixed effects model.The study revealed that executive environmental background positively impacts corporate green innovation,with a higher number of executives with environmental backgrounds associated with a greater degree of green innovation.Moreover,the influence of executive environmental background on corporate green innovation was found to be effective only in non-state-owned enterprises and non-heavy-polluting industries.This study contributes to the theories of executive hierarchy and imprinting theory,providing practical guidance for achieving sustainable development.
executive environmental backgroundgreen innovationTwo-Way Fixed Effects model
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万方数据
