Reduced executive shareholdings and corporate green innovation

被引：6

作者：

Han, Gefei ^{[1
]}

Luo, Yanjun ^{[2
]}

机构：

[1] East China Normal Univ, Fac Econ & Management, Shanghai 200062, Peoples R China

[2] China Guangfa Bank, Guangzhou 510080, Peoples R China

来源：

FINANCE RESEARCH LETTERS | 2024年 / 62卷

关键词：

Agency cost; Corporate green innovation; Executive shareholding reduction; Internal control; ENTERPRISES;

D O I：

10.1016/j.frl.2024.105205

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper uses 2016-2022 data for China's A -share listed companies to explore the effects of reduced shareholdings by executives (RSE) on corporate green innovation (CGI). RSE behavior and CGI are found to be significantly negatively correlated. Further, greater internal control and higher agency costs for listed companies reduce the inhibition of CGI resulting from RSE.

引用

页数：7

共 20 条

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