Effect of senior executives' overseas experience on corporate green innovation.

Autor: Cheng F; Business School, Chengdu University, Chengdu, Sichuan, China., Kuang X; Institute of Chinese Financial Studies, Southwestern University of Finance and Economics, Chengdu, Sichuan, China.
Jazyk: angličtina
Zdroj: PloS one [PLoS One] 2024 May 02; Vol. 19 (5), pp. e0296716. Date of Electronic Publication: 2024 May 02 (Print Publication: 2024).
DOI: 10.1371/journal.pone.0296716
Abstrakt: Against the background of increasingly severe environmental problems, green development has gained widespread attention, and green innovation has thus become crucial for enterprises. This study used 2007-2019 data from listed A-share companies in China to evaluate the effect of senior executives' overseas experience on corporate green innovation. The results showed that senior executives' overseas experience could promote green innovation in companies. This positive effect was more significant for private enterprises and high-tech enterprises, especially in eastern China. The CEO pay regulation have a significant negative moderating effect on this positive effect. This study enriches upper echelons theory and provides theoretical support for government agencies to accelerate innovative green development strategies. The results can also provide a decision-making basis for governments to formulate policies to promote enterprises' green development.
Competing Interests: The authors have declared that no competing interests exist.
(Copyright: © 2024 Cheng, Kuang. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.)
Databáze: MEDLINE
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