Can digitalization break the political resource curse? A study on political connections and corporate green innovation

被引：0

作者：

Shen, Neng ^{[1
]}

Zhang, Lin ^{[1
]}

Huang, Hao ^{[2
]}

Zhang, Guoping ^{[1
]}

Zhang, Jing ^{[1
]}

Zhou, Jingwen ^{[1
]}

机构：

[1] Fuzhou Univ, Sch Econ & Management, Fuzhou 350018, Peoples R China

[2] Huazhong Univ Sci & Technol, Sch Management, Wuhan 430074, Peoples R China

来源：

JOURNAL OF ENVIRONMENTAL MANAGEMENT | 2025年 / 380卷

关键词：

Political connections; Green innovation; Digitalization; Operating efficiency; FIRM PERFORMANCE; SLACK RESOURCES; MANAGERIAL TIES; CHINA; EMBEDDEDNESS; CAPABILITIES; UNCERTAINTY; OWNERSHIP; KNOWLEDGE; PRESSURE;

D O I：

10.1016/j.jenvman.2025.124992

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

Digitalization and greening are inexorable trends in enterprise development today. Based on data from Chinese listed companies from 2008 to 2020, this study examines the relationship between political connections and firms' green innovation, exploring whether digitalization can break the political resource curse and promote green innovation. We find that political connections hinder firms' green innovation, indicating the existence of the political resource curse. Our moderating effect analysis shows that the higher the degree of digitalization of firms, the more significant the decrease in the negative effect of political connections on green innovation, thereby breaking the political resource curse. Heterogeneity analysis shows that the positive moderating effect of digitalization is higher on private firms and firms with more redundant resources. Finally, mechanistic analysis indicates that political connections hinder firms' green innovation by reducing operational efficiency.

引用

页数：13

共 117 条

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