College of Economics and Management, Shandong University of Science and Technology, Qingdao, 266590, China.
J Environ Manage. 2021 May 1;285:112095. doi: 10.1016/j.jenvman.2021.112095. Epub 2021 Feb 6.
Focusing on green technology innovation, the paper researches its motivation and implementation results from the perspective of internal corporate management. The impact of top manager team faultlines on green technology innovation and the moderating role of environmental information disclosure in the relationship between green technology innovation and financial performance are discussed. Using listed manufacturing corporate data obtained from China Stock Market & Accounting Research database, the hypotheses are tested. It is found that there is an inverted U-shaped relationship between task-related faultline and green technology innovation, while bio-demographic faultline has no significant influence on green technology innovation. In addition, both green technology innovation and environmental information disclosure have positive effects on financial performance, while the moderating effect of environmental information disclosure on innovation-performance doesn't exist. Combined with the research results, the practical implications for policy makers and managers and future research avenue are proposed.
聚焦绿色技术创新,本文从内部公司管理的角度研究了其动机和实施效果。探讨了高管团队断裂带对绿色技术创新的影响,以及环境信息披露在绿色技术创新与财务绩效关系中的调节作用。利用中国证券市场与会计研究数据库获得的上市制造企业数据,对假设进行了检验。结果表明,任务相关断裂带与绿色技术创新之间存在倒 U 型关系,而生物人口学断裂带对绿色技术创新没有显著影响。此外,绿色技术创新和环境信息披露都对财务绩效有积极影响,而环境信息披露对创新绩效的调节作用并不存在。结合研究结果,提出了对政策制定者和管理者的实际意义和未来研究方向。