Abstract
Based on institutional theory, this letter examines the effects of a nationwide environmental protection policy, i.e. the New Development Philosophy (NDP), on green innovation in China. Our predictions were tested based on a dataset of 2,645 Chinese listed firms from 2009 to 2017. Results obtained from Poisson regressions indicate that firms respond actively to NDP by engaging more extensively in green innovation. This relationship is positively moderated by CEO attributes, i.e. CEO tenure, technical background, political connections, and international education. Our findings suggest that policymakers should exert efforts to enact policies that promote green innovation. Also, the study will help managers to make more informed decisions about investing in green innovation.
| Original language | English |
|---|---|
| Pages (from-to) | 2040-2044 |
| Number of pages | 5 |
| Journal | Applied Economics Letters |
| Volume | 32 |
| Issue number | 14 |
| DOIs | |
| State | Published - 2025 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 4 Quality Education
Keywords
- CEO attributes
- New development philosophy
- green innovation
- institutional theory
Fingerprint
Dive into the research topics of 'Environmental protection policy and green innovation in China'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver