Ren, Shenggang and Wang, Yue and Hu, Yucai and Yan, Ji (2021) 'CEO hometown identity and firm green innovation.', Business strategy and the environment., 30 (2). pp. 756-774.
Drawn on the upper echelons theory, this study investigates how chief executive officer (CEO) hometown identity drives firm green innovation. We propose that CEO hometown identity has a positive impact on a firm's green innovation performance. Furthermore, we explore the moderating role of managerial discretion determined by organizational and environmental factors (i.e., institutional ownership and market complexity). We propose that institutional ownership negatively moderates the positive relationship between CEO hometown identity and green innovation, but market complexity plays a positive moderating role. Using Chinese publicly listed firms from 2002 to 2016 in heavily polluting industries, our findings support these hypotheses. Our research contributes to the upper echelons theory and corporate social responsibility literature and has substantial practical implications.
|Full text:||Publisher-imposed embargo until 13 November 2022. |
(AM) Accepted Manuscript
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|Publisher Web site:||https://doi.org/10.1002/bse.2652|
|Date accepted:||25 September 2020|
|Date deposited:||05 November 2020|
|Date of first online publication:||13 November 2020|
|Date first made open access:||13 November 2022|
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