{"title":"The government-business relationship and eco-innovation: evidence from chinese automobile industry","authors":"Yu Gao, Zhuoqi Teng, Yan-Song Cai, Xiaotian Dong","doi":"10.2478/eces-2021-0036","DOIUrl":null,"url":null,"abstract":"Abstract This study used 2017-2019 Chinese A-share-listed automobile manufacturing companies as research samples to analyse the impact of the government-business relationship on eco-innovation. We found that a healthy government-business relationship had a positive impact on enterprise eco-innovation. The mediating effects test verified that a healthy government-business relationship affected enterprise eco-innovation through financing constraints. In addition, managerial ownership significantly increased the positive impact of a healthy government-business relationship on enterprise eco-innovation. We also found that a healthy government-business relationship had a more substantial impact on enterprise eco-innovation in non-state-owned enterprises when considering corporate property rights. The study results provide empirical evidence for the influence of the government-business relationship on enterprise eco-innovation and deepen our understanding of eco-innovation in China’s automobile manufacturing industry.","PeriodicalId":11395,"journal":{"name":"Ecological Chemistry and Engineering S","volume":"12 1","pages":"541 - 561"},"PeriodicalIF":0.0000,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ecological Chemistry and Engineering S","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2478/eces-2021-0036","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
Abstract This study used 2017-2019 Chinese A-share-listed automobile manufacturing companies as research samples to analyse the impact of the government-business relationship on eco-innovation. We found that a healthy government-business relationship had a positive impact on enterprise eco-innovation. The mediating effects test verified that a healthy government-business relationship affected enterprise eco-innovation through financing constraints. In addition, managerial ownership significantly increased the positive impact of a healthy government-business relationship on enterprise eco-innovation. We also found that a healthy government-business relationship had a more substantial impact on enterprise eco-innovation in non-state-owned enterprises when considering corporate property rights. The study results provide empirical evidence for the influence of the government-business relationship on enterprise eco-innovation and deepen our understanding of eco-innovation in China’s automobile manufacturing industry.
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