Environmental labeling certification and corporate environmental innovation: The moderating role of corporate ownership and local government intervention

Ren, S.; He, D.; Yan, J.; Zeng, H.; Tan, J.

doi:10.1016/j.jbusres.2021.11.023

Environmental labeling certification and corporate environmental innovation: The moderating role of corporate ownership and local government intervention

Ren, S.; He, D.; Yan, J.; Zeng, H.; Tan, J.

Authors

S. Ren

D. He

Professor Karena Yan ji.yan@durham.ac.uk
Professor

H. Zeng

J. Tan

Abstract

Although it is well recognized that environmental labeling certification (ELC) is becoming an increasingly important voluntary environmental regulation worldwide, the evidence regarding its role in environmental innovation remains unknown. This study examines the impact of ELC on corporate environmental innovation (CEI) from both external and internal perspectives via the combination of legitimacy theory and the resource management perspective. Based on panel data of listed Chinese manufacturing firms from 2008 to 2014, it is found that ELC improves CEI. However, this relationship is also regulated by two contextual factors: the positive impact of ELC on CEI is found to be stronger for non-state-owned enterprises (non-SOEs) than for state-owned enterprises (SOEs), and it is stronger for firms in regions with a low degree of local government intervention than for firms in regions with a high degree of local government intervention. This study makes important theoretical contributions and has extensive practical value.

Citation

Ren, S., He, D., Yan, J., Zeng, H., & Tan, J. (2022). Environmental labeling certification and corporate environmental innovation: The moderating role of corporate ownership and local government intervention. Journal of Business Research, 140, 556-571. https://doi.org/10.1016/j.jbusres.2021.11.023

Journal Article Type	Article
Acceptance Date	Nov 6, 2021
Online Publication Date	Nov 18, 2021
Publication Date	2022-02
Deposit Date	Nov 19, 2021
Publicly Available Date	May 18, 2023
Journal	Journal of Business Research
Print ISSN	0148-2963
Publisher	Elsevier
Peer Reviewed	Peer Reviewed
Volume	140
Pages	556-571
DOI	https://doi.org/10.1016/j.jbusres.2021.11.023
Public URL	https://durham-repository.worktribe.com/output/1222648

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http://creativecommons.org/licenses/by-nc-nd/4.0/

Copyright Statement
© 2021 This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/