气候变化领域集成服务门户(CCPortal): Revolutionizing green business: The power of academic directors in accelerating eco-innovation and sustainable transformation in China

CCPortal

DOI	10.1002/bse.3738
	Revolutionizing green business: The power of academic directors in accelerating eco-innovation and sustainable transformation in China
	Ullah, Farid; Jiang, Ping; Elamer, Ahmed A.
发表日期	2024
ISSN	0964-4733
EISSN	1099-0836
英文摘要	This study investigates the relationship between academic directors and corporate eco-innovation in Chinese A-listed firms in the context of the growing urgency of climate change. Based on the argument that academic directors bring advanced knowledge, skills, experience, and expertise to a corporate board and are more socially responsible and ethical, we hypothesized that academic directors would have a positive influence on corporate eco-innovation. We also examine how this nexus is moderated by pollutant firms and firms having qualified foreign institutional investors (QFIIs). Our results suggest that academic directors have a positive and significant impact on corporate eco-innovation. The findings remain robust even after employing alternate proxies for both independent and dependent variables, minimizing reverse causality and endogeneity concerns, and addressing self-selection bias through the entropy balancing method. Additionally, our study reveals that the positive nexus between academic directors and eco-innovation is more pronounced in pollutant firms and firms having QFIIs. This study contributes to the literature on corporate governance, eco-innovation, and emerging markets by providing evidence of the positive influence of academic directors on eco-innovation, highlighting the importance of their contribution to enhancing corporate governance mechanisms to promote environmentally friendly activities and sustainability practices. Furthermore, our findings offer insight into the role of QFIIs in strengthening the positive association between academic directors and eco-innovation, suggesting that foreign investors can support and encourage firms to adopt environmentally friendly practices for long-term benefits.
英文关键词	academic directors; China; corporate governance; eco-innovation; environmental sustainability; foreign institutional investors
语种	英语
WOS研究方向	Business & Economics ; Environmental Sciences & Ecology
WOS类目	Business ; Environmental Studies ; Management
WOS记录号	WOS:001186649600001
来源期刊	BUSINESS STRATEGY AND THE ENVIRONMENT
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/299200
作者单位	Xijing University; University of International Business & Economics; Brunel University; Ministry of Education of Azerbaijan Republic; Azerbaijan State University of Economics (UNEC); Gulf University for Science & Technology (GUST); Brunel University
推荐引用方式 GB/T 7714	Ullah, Farid,Jiang, Ping,Elamer, Ahmed A.. Revolutionizing green business: The power of academic directors in accelerating eco-innovation and sustainable transformation in China[J],2024.
APA	Ullah, Farid,Jiang, Ping,&Elamer, Ahmed A..(2024).Revolutionizing green business: The power of academic directors in accelerating eco-innovation and sustainable transformation in China.BUSINESS STRATEGY AND THE ENVIRONMENT.
MLA	Ullah, Farid,et al."Revolutionizing green business: The power of academic directors in accelerating eco-innovation and sustainable transformation in China".BUSINESS STRATEGY AND THE ENVIRONMENT (2024).