Institutional Pressures and Corporate Green Innovation
Evidence From Chinese Public Enterprises
Bibliographic Data
| ID | 20413699 |
|---|---|
| Authors | Ruixin Su (0000-0002-4404-5556, Jiangsu University, Zhenjiang, China), Xiaolong Shui (0000-0002-8476-0773, University of Bristol Business School, UK), Jianguo Du (0000-0001-9628-7496, Jiangsu University, Zhenjiang, China, corresponding author) |
| Year | 2023 |
| Volume | 36 |
| Issue | 3 |
| Pages | 442-467 |
| Publication date | 2023-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Organization & Environment (JOURNAL) |
| Journal identifiers | ISSN: 1086-0266 • E-ISSN: 1552-7417 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/10860266231174039 |
| OpenAlex | W4381167671 |
| Language | EN |
| Citations received | 8 |
| References cited | 92 |
Although the corporate response to institutional pressures on the environmental agenda seems to be foreseeable, there is a limited understanding of the mechanisms that influence the uptake of green innovation. In this article, we examine the above question in the context of China’s green credit policy. By integrating institutional theory with resource dependence theory, a premier framework for understanding organization–environment relations, we theorize that the change in internal resource dependence is a conduit by which institutional pressures trigger corporate green innovation. This study empirically focuses on 1,485 listed Chinese firms from 2007 to 2019, during which the green credit policy was implemented in 2012. We find that the policy leads to financial constraints that stimulate corporate green innovation. Furthermore, the relationship between green credit policy and financial constraints is more significant for firms with a higher level of financial dependence on banks
Business · China · Economics · Green innovation · Industrial organization · Institutional theory · Management · Political science · Resource dependence theory · Corporate Social Responsibility Reporting · Energy, Environment, Economic Growth · Environmental Sustainability in Business · Accounting
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| Unique citing works | 8 |
|---|---|
| Citations per year | 4 |
| Citation span | 2024 - 2026 (3) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 6 |