Corporate environmental responsibility, CEO?s tenure and innovation legitimacy: Evidence from Chinese listed companies

被引:23
|
作者
Xu, Peng [1 ,2 ]
Xu, Xiaomei [1 ]
Bai, Guiyu [3 ]
机构
[1] Shandong Univ Finance & Econ, Sch Business Adm, Jinan, Peoples R China
[2] Shandong Univ Finance & Econ, Ctr Corp Governance, Jinan, Peoples R China
[3] Univ Jinan, Business Sch, Jinan, Peoples R China
基金
中国国家自然科学基金;
关键词
Corporate environmental responsibility; Innovation legitimacy; CEO?S tenure; Corporate governance; SOCIAL-RESPONSIBILITY; FINANCIAL PERFORMANCE; RISK-MANAGEMENT; MODERATING ROLE; REPUTATION; FIRMS; STRATEGIES; DECISIONS; NETWORKS;
D O I
10.1016/j.techsoc.2022.102056
中图分类号
D58 [社会生活与社会问题]; C913 [社会生活与社会问题];
学科分类号
摘要
This study uses data from Chinese listed companies from 2010 to 2017 to analyze the influence of mechanism of corporate environmental responsibility on innovation legitimacy. The results show the corporate environmental responsibility of Chinese listed companies has a positive impact on innovation legitimacy. Specifically, the CEO's tenure serves as a mediator between corporate environmental responsibility and innovation legitimacy. Moreover, the paper finds that CEO's tenure of listed company will reinforce the positive effect of corporate environmental responsibility on innovation legitimacy at the same time. The purpose of this study is to present new empirical findings for Chinese listed companies to improve innovation legality and innovation performance, and further confirm the importance of the corporate environment by conducting a robustness test.
引用
收藏
页数:7
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