Avoid or approach: How CEO power affects corporate environmental innovation

doi:10.1016/j.jik.2022.100250

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	Avoid or approach: How CEO power affects corporate environmental innovation
	Zhang, Yang ; Li, Jian 1; Deng, Yaling 2,3; Zheng, Yi4
发表期刊	JOURNAL OF INNOVATION & KNOWLEDGE
关键词	Environmental innovation CEO power Environmental information disclosure Independent directors Market competition
摘要	Chief executive officers (CEOs) play a key role in corporate strategic decisions. This study explores how power, as a prominent CEO characteristic, influences environmental innovation. Building on the approach-inhibition theory of power, the attention-based view (ABV), and the literature on strategic leadership, we propose that CEOs with stron-ger power are more likely to allocate their attention to environmentally-friendly innovation. Panel data on Chinese listed corporations during the period to 2008-2018 were constructed and used for the empirical analyses. The results support the positive role of CEO power in promoting environmental innovation. Moreover, this positive effect becomes even stronger when the firm has more independent directors and faces greater market competition. These findings contribute to research on the approach/inhibition theory of power, strategic leadership, and growing literature on environmental innovation. (c) 2022 The Author(s). Published by Elsevier Espana, S.L.U. on behalf of Journal of Innovation & Knowledge. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
	2022
卷号	7 期号:4
ISSN	2530-7614
文章类型	Article
DOI	10.1016/j.jik.2022.100250
关键词[WOS]	SOCIAL-RESPONSIBILITY ; BOARD COMPOSITION ; RISK-TAKING ; INFORMATION DISCLOSURE ; MARKET COMPETITION ; FIRM PERFORMANCE ; ECO-INNOVATION ; GOVERNANCE ; DIRECTORS ; OWNERSHIP
语种	英语
WOS研究方向	Business & Economics
WOS类目	Business ; Management
WOS记录号	WOS:000858864900009
引用统计
文献类型	期刊论文
条目标识符	http://ir.casisd.cn/handle/190111/12070
专题	第三方评估研究支撑中心
作者单位	1.Hunan Univ Technol & Business, Sch Business Adm, 569,YueLu Ave, Changsha 410205, Hunan, Peoples R China 2.Hunan Univ, Coll Business Adm, 11, Lushan South Rd, Changsha 410082, Hunan, Peoples R China 3.Wuhan Univ Technol, Sch Management, Wuhan, Peoples R China 4.Wuhan Univ Technol, Res Inst Digital Governance & Management Decis Inn, 122,Luoshi Rd, Wuhan 430070, Hubei, Peoples R China 5.Chinese Acad Sci, Inst Sci & Dev, 15 Zhong Guan Cun Bei Yi Tiao, Beijing 100190, Peoples R China
推荐引用方式 GB/T 7714	Zhang, Yang,Li, Jian,Deng, Yaling,et al. Avoid or approach: How CEO power affects corporate environmental innovation[J]. JOURNAL OF INNOVATION & KNOWLEDGE,2022,7(4).
APA	Zhang, Yang,Li, Jian,Deng, Yaling,&Zheng, Yi.(2022).Avoid or approach: How CEO power affects corporate environmental innovation.JOURNAL OF INNOVATION & KNOWLEDGE,7(4).
MLA	Zhang, Yang,et al."Avoid or approach: How CEO power affects corporate environmental innovation".JOURNAL OF INNOVATION & KNOWLEDGE 7.4(2022).