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DOI10.1177/10596011241257029
Boosting Firm Environmental Performance: The Roles of Top Management Team Functional Diversity, Environmental Disclosures, and Government Subsidy
Wang, Huatian; Rispens, Sonja; Demerouti, Evangelia
发表日期2024
ISSN1059-6011
EISSN1552-3993
英文摘要Contemporary organizations are actively striving to achieve a higher level of environmental performance (the extent to which the organization reduces and minimizes its negative impact on the natural environment). This pursuit is not only driven by the need to comply with governmental climate change regulations but also by the desire to gain a competitive advantage. While a limited number of studies have acknowledged the importance of top executives' strategy-making on firms' environmental performance, questions still persist regarding how the role structure of the top management team (TMT) promotes the disclosure of environmental policies, and subsequently enhances firm environmental performance. Based on the attention-based view and resource-dependency perspective, this study aims to examine how TMT functional diversity is beneficial for formulating better environmental disclosures, which in turn, is expected to increase environmental performance. Additionally, we explore the extent to which external resources (i.e., government subsidies) can strengthen this relationship. We employed an archival dataset from 406 Chinese manufacturing firms over a ten-year period (2010-2019) and tested a moderated mediation model. Our findings suggest that greater functional diversity within TMTs positively influences firm environmental performance through the improved environmental disclosures, and this indirect effect is amplified when firms receive higher levels of government subsidies. Our study contributes to the existing literature on environmental governance by demonstrating that (1) functional diversity within the TMT can predict more favorable environmental performance metrics; and (2) government financial support can particularly be a booster for the relationship between TMT environmental disclosures and firm environmental performance.
英文关键词top management team; functional diversity; environmental disclosures; environmental performance
语种英语
WOS研究方向Psychology ; Business & Economics
WOS类目Psychology, Applied ; Management
WOS记录号WOS:001238172800001
来源期刊GROUP & ORGANIZATION MANAGEMENT
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/300884
作者单位Lingnan University; Eindhoven University of Technology
推荐引用方式
GB/T 7714
Wang, Huatian,Rispens, Sonja,Demerouti, Evangelia. Boosting Firm Environmental Performance: The Roles of Top Management Team Functional Diversity, Environmental Disclosures, and Government Subsidy[J],2024.
APA Wang, Huatian,Rispens, Sonja,&Demerouti, Evangelia.(2024).Boosting Firm Environmental Performance: The Roles of Top Management Team Functional Diversity, Environmental Disclosures, and Government Subsidy.GROUP & ORGANIZATION MANAGEMENT.
MLA Wang, Huatian,et al."Boosting Firm Environmental Performance: The Roles of Top Management Team Functional Diversity, Environmental Disclosures, and Government Subsidy".GROUP & ORGANIZATION MANAGEMENT (2024).
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