Do Environmentally Conscious Executives Truly Promote Corporate Green Technology Innovation? —From the Perspective of Governance Pressure and Signaling

Yihang Tu

doi:10.62177/apemr.v2i5.814

Authors

Yihang Tu Xi'an Polytechnic University

DOI:

https://doi.org/10.62177/apemr.v2i5.814

Keywords:

Executive Environmental Background, Green Technology Innovation, Governance Pressure, Signaling

Abstract

Combining higher-order theory and signaling theory, this study selects A-share listed companies from 2012 to 2022 as research subjects to empirically examine the intrinsic relationship between top management teams' environmental backgrounds and corporate green technology innovation. From the perspectives of governance pressure and resource-based view, the boundary conditions of this relationship are further explored. The findings reveal: (1) Top management teams' environmental backgrounds have a significantly positive impact on corporate green technology innovation. (2) Public environmental concern, analyst attention, corporate social responsibility information quality, and corporate social status all positively moderate the relationship between top management teams' environmental backgrounds and corporate green technology innovation. (3) In state-owned enterprises, the enhancing effect of top management teams' environmental backgrounds on green technology innovation is more pronounced compared to non-state-owned enterprises.

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