Work

CEO Compensation, Green Innovation and Environmental Performance: Evidence from Chinese Listed Companies

Year: 2024

Type: article

Abstract: This study investigates the relationship between CEO compensation, green innovation, and environmental performance.By analyzing a sample of listed companies on China's stock exchanges from 2012 to 2022, the findings indicate that CEO compensation has a positive impact on environmental performance.Furthermore, green innovation can strengthen the positive impact of CEO compensation on environmental performance.Heterogeneity analysis indicates that the impact of CEO compensation on environmental performance is more significant within the non-state-owned enterprises.Likewise, a comparable circumstance emerges in the central region of China.Therefore, this study provides empirical insights that enrich the limited literature on CEO compensation, green innovation, and environmental performance.In terms of practical contributions, the most direct significance of this study is to investigate how CEO compensation design can effectively enhance corporate environmental performance and facilitate the synergistic development of economy and environment.

Source: International Journal of Academic Research in Business and Social Sciences

DOI: 10.6007/ijarbss/v14-i12/23903

Authors: Yuhang Ma, Imani Mokhtar

Institutions: Universiti Teknologi MARA System, Universiti Teknologi MARA

Language: English

Topic: Environmental Sustainability in Business

Subfield: Marketing

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Climate action

Open Access status: diamond

OpenAlex ID: W4406042205