气候变化领域集成服务门户(CCPortal): Differential effects of voluntary environmental programs and mandatory regulations on corporate green innovation

CCPortal

DOI	10.1007/s11069-020-04137-y
	Differential effects of voluntary environmental programs and mandatory regulations on corporate green innovation
	Li D.; Tang F.; Zhang L.
发表日期	2020
ISSN	0921030X
起始页码	3437
结束页码	3456
卷号	103 期号:3
英文摘要	There is a long-lasting debate on whether environmental regulation fosters or hinders corporate green innovation. To address this debate, this study differentiates two types of regulations: mandatory environmental regulations (MERs) and voluntary environmental programs (VEPs), and explores whether MERs and VEPs, separately and jointly, affects corporate green innovation. This study also investigates the moderating effect of organizational slack on the focal relationship. With the data of top 100 listed companies in China, the results show that MERs significantly negatively affect green innovation, while VEPs significantly positively influence green innovation, and VEPs mitigate the negative impact of MERs on green innovation. Moreover, organizational slack strengthens the positive relationship between VEPs and green innovation, while no significant moderating effect on the MER–green innovation relationship. These findings provide guidance for corporate green innovation under mandatory regulations and voluntary programs. © 2020, Springer Nature B.V.
关键词	Corporate green innovation Mandatory environmental regulations Organizational slack Voluntary environmental programs
英文关键词	corporate strategy; environmental economics; environmental legislation; green economy; guideline; innovation; regulatory framework; China
语种	英语
来源期刊	Natural Hazards
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205785
作者单位	School of Business, Central South University, Changsha, China; School of Business, Hunan First Normal University, Changsha, China
推荐引用方式 GB/T 7714	Li D.,Tang F.,Zhang L.. Differential effects of voluntary environmental programs and mandatory regulations on corporate green innovation[J],2020,103(3).
APA	Li D.,Tang F.,&Zhang L..(2020).Differential effects of voluntary environmental programs and mandatory regulations on corporate green innovation.Natural Hazards,103(3).
MLA	Li D.,et al."Differential effects of voluntary environmental programs and mandatory regulations on corporate green innovation".Natural Hazards 103.3(2020).