Business School, University of Jinan, Shandong, 250002, People's Republic of China.
Financial Management Center, Zhongshan Investment Holding Group Co., Ltd, Guangzhou, China.
Environ Sci Pollut Res Int. 2023 Jul;30(35):84061-84082. doi: 10.1007/s11356-023-28006-w. Epub 2023 Jun 24.
Using the manually collated data on the employment of academicians as independent directors by Shanghai and Shenzhen A-share listed firms from 2010 to 2020, the role and impact mechanism of academician independent directors on enterprise green innovation were empirically analyzed. The research shows that the academician independent directors promote green innovation of enterprises by alleviating corporate financing constraints, increasing corporate R&D investment, and alleviating managerial myopia, and their role in promoting green invention patents is greater than that of green utility model patents. The academician independent directors will improve the green innovation level of enterprises in non-heavy polluting industries and enterprises in the eastern region, and the nature of property rights and the degree of marketization will strengthen their role in promoting green innovation.
利用 2010 年至 2020 年上海和深圳 A 股上市公司院士担任独立董事的人工整理数据,实证分析了院士独立董事对企业绿色创新的作用和影响机制。研究表明,院士独立董事通过缓解企业融资约束、增加企业研发投入和缓解管理短视,促进企业绿色创新,其在促进绿色发明专利方面的作用大于绿色实用新型专利。院士独立董事将提高非重污染行业企业和东部地区企业的绿色创新水平,产权性质和市场化程度将加强其对绿色创新的促进作用。