Year: 2025
Type: article
Abstract: The relationship between CEO power and risk-taking remains a controversial topic, with no consensus regarding whether CEO power promotes green innovation. To address this unresolved issue, this research explores the correlation between CEO power and green innovation, distinguishing between green product innovation and green process innovation. It also examines the moderating roles of media coverage and government regulation in these relationships. By using panel data on Chinese manufacturing for the period from 2010 to 2022, we draw several important conclusions. First, CEO power is found to be negatively associated with green product innovation but positively correlated with green process innovation. Additionally, media coverage and government regulation reinforce the positive impact of CEO power on green process innovation; however, they do not meaningfully affect the impact on green product innovation. These findings may represent valuable insights for firms and policymakers committed to sustainable development.
Source: Sustainability
DOI: 10.3390/su17083660
Authors: Huanyong Ji, Liu Yang, Chuande Lian
Institution: Beijing Information Science & Technology University
Language: English
Subfield: Marketing
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $2,896
Award: 企业最优区分信号对新兴技术扩散的影响机制及政策效应研究
OpenAlex ID: W4409565286
