| Title | Corporate environmentalism and value creation: Investigating the role of shared independent directors in green technology adoption and financial performance |
|---|---|
| ID_Doc | 35388 |
| Authors | Khan, J; Wu, FY; Fawad, A |
| Title | Corporate environmentalism and value creation: Investigating the role of shared independent directors in green technology adoption and financial performance |
| Year | 2024 |
| Published | |
| Abstract | Using social network theory and resource dependence theory, this study undercovers whether independent directors' interlocks contribute directly to the corporate financial performance of Chinese firms or indirectly through green technology innovation. Furthermore, we scrutinize how the environmental protection management system affects the path between independent directors' interlocks and green technology innovation. Using a sample of 4902 listed firms in China over the period of 2010-2022, the results indicate that firms possess interlocks through their independent directors play a crucial role in fostering performance and developing low-carbon technologies. With an environmental protection management system, the impact of the independent directors' interlocks on corporate green technology innovation is stronger, indicating the significant role of corporate internal environmental context. This study offers practical implications for firms and policymakers by demonstrating how independent director interlocks can simultaneously advance corporate and national economic and environmental objectives. |
| https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/csr.2935 |
Similar Articles
| ID | Score | Article |
|---|---|---|
30361
|
Kong, ZH; Du, JX; Kong, YL; Cui, XY Financial development, environmental regulation, and corporate green technology innovation: Evidence from Chinese listed companies(2024) | |
| 74832
|
Xing, XP; Liu, TS; Shen, L; Wang, JH Linking Environmental Regulation and Financial Performance: The Mediating Role of Green Dynamic Capability and Sustainable Innovation(2020)Sustainability, 12, 3 | |
| 30628
|
Yu, ZW; Chen, GR; Pei, XJ; Gao, ZX; Ding, Y The impact of corporate social responsibility on green technology innovation: An empirical study of listed companies in China(2024) | |
| 31210
|
Hu, SL; Dong, WH; Huang, YC Analysts' Green Coverage and Corporate Green Innovation in China: The Moderating Effect of Corporate Environmental Information Disclosure(2023)Sustainability, 15, 7 | |
| 32405
|
Qing, LL; Li, P; Dagestani, A; Woo, C; Zhong, KY Does climate change exposure impact on corporate finance and energy performance? Unraveling the moderating role of CEOs' green experience(2024) | |
| 65378
|
Javeed, SA; Zhou, N; Cai, X; Latief, R How does corporate management affect green innovation via business environmental strategies?(2022) | |
| 65626
|
Bagh, T; Hunjra, AI; Kossai, M Greening the Corporate Landscape: Governance Practices, Green Innovation, and Sustainable Development(2024)Journal Of Alternative Investments, 27.0, 1 | |
| 30406
|
Khalid, Z; Zhao, LD; Elahi, E; Chang, XL The impact of green management on green innovation in sustainable technology: moderating roles of executive environmental awareness, regulations, and ownership(2024) | |
| 30475
|
Wang, MY; Li, YM; Wang, ZT; Shi, YL; Zhou, JB The synergy impact of external environmental pressures and corporate environmental commitment on innovations in green technology(2023) | |
| 30206
|
Su, X; Pan, C; Zhou, SS; Zhong, X Threshold effect of green credit on firms? green technology innovation: Is environmental information disclosure important?(2022) |