How does CEOs’ early-life experience of China’s Great Famine impact corporate green innovation?

IF 4.3 2区 经济学 Q1 BUSINESS, FINANCE Journal of Behavioral and Experimental Finance Pub Date : 2024-04-03 DOI:10.1016/j.jbef.2024.100932
Yuying Jin, Guangyu Ye
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Abstract

Investigating the antecedents of corporate green innovation (CGI) from a CEO perspective has garnered increasing attention in recent years. Our study examines whether and how CEOs’ early-life experience of China’s Great Famine affects CGI. Using data from listed Chinese manufacturing firms from 2007 through 2018, we perform feasible general least squares regression to show that CEOs’ early-life Great Famine experience exhibits a significant and negative impact on CGI. Furthermore, this effect is particularly evident in firms situated in areas with low levels of environmental regulation and social trust.

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首席执行官早年的中国大饥荒经历如何影响企业的绿色创新?
近年来,从首席执行官的角度研究企业绿色创新(CGI)的前因越来越受到关注。我们的研究考察了首席执行官早年的中国大饥荒经历是否以及如何影响企业绿色创新。利用 2007 年至 2018 年中国制造业上市公司的数据,我们进行了可行的一般最小二乘法回归,结果表明 CEO 早年的 "大饥荒 "经历对 CGI 有显著的负面影响。此外,这种影响在环境监管和社会信任水平较低地区的企业中尤为明显。
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来源期刊
CiteScore
13.20
自引率
6.10%
发文量
75
审稿时长
69 days
期刊介绍: Behavioral and Experimental Finance represent lenses and approaches through which we can view financial decision-making. The aim of the journal is to publish high quality research in all fields of finance, where such research is carried out with a behavioral perspective and / or is carried out via experimental methods. It is open to but not limited to papers which cover investigations of biases, the role of various neurological markers in financial decision making, national and organizational culture as it impacts financial decision making, sentiment and asset pricing, the design and implementation of experiments to investigate financial decision making and trading, methodological experiments, and natural experiments. Journal of Behavioral and Experimental Finance welcomes full-length and short letter papers in the area of behavioral finance and experimental finance. The focus is on rapid dissemination of high-impact research in these areas.
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