Ruiyang Niu, Lin Chen, Gunaghua Xie, Inayat Khan, Longfeng Zhao
{"title":"Green credit policy and corporate green innovation: do banker directors matter?","authors":"Ruiyang Niu, Lin Chen, Gunaghua Xie, Inayat Khan, Longfeng Zhao","doi":"10.1080/14783363.2023.2188185","DOIUrl":null,"url":null,"abstract":"Based on the green credit policy (GCP) of 2012 in China, we examine how banker directors affect GCP’s motivating effect on corporate green innovation. We find that banker directors facilitate the motivating impact of GCP on corporate green innovation. The prompting effect of banker directors is mainly through improving the information asymmetry related to corporate green innovation and monitoring the green credit usage. Banker directors’ positive impact is primarily found in non-state-owned enterprises and firms located in regions with low guanxi culture, strong environmental regulation, and high intellectual property protection. Our research helps to identify the critical role of banker directors. The findings provide some insights for improving the GCP's positive effect on corporate green innovation by stimulating banker directors’ monitoring roles.","PeriodicalId":23149,"journal":{"name":"Total Quality Management & Business Excellence","volume":"1 1","pages":"1553 - 1578"},"PeriodicalIF":3.6000,"publicationDate":"2023-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Total Quality Management & Business Excellence","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1080/14783363.2023.2188185","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 2
Abstract
Based on the green credit policy (GCP) of 2012 in China, we examine how banker directors affect GCP’s motivating effect on corporate green innovation. We find that banker directors facilitate the motivating impact of GCP on corporate green innovation. The prompting effect of banker directors is mainly through improving the information asymmetry related to corporate green innovation and monitoring the green credit usage. Banker directors’ positive impact is primarily found in non-state-owned enterprises and firms located in regions with low guanxi culture, strong environmental regulation, and high intellectual property protection. Our research helps to identify the critical role of banker directors. The findings provide some insights for improving the GCP's positive effect on corporate green innovation by stimulating banker directors’ monitoring roles.
期刊介绍:
Total Quality Management & Business Excellence is an international journal which sets out to stimulate thought and research in all aspects of total quality management and to provide a natural forum for discussion and dissemination of research results. The journal is designed to encourage interest in all matters relating to total quality management and is intended to appeal to both the academic and professional community working in this area. Total Quality Management & Business Excellence is the culture of an organization committed to customer satisfaction through continuous improvement. This culture varies both from one country to another and between different industries, but has certain essential principles which can be implemented to secure greater market share, increased profits and reduced costs. The journal provides up-to-date research, consultancy work and case studies right across the whole field including quality culture, quality strategy, quality systems, tools and techniques of total quality management and the implementation in both the manufacturing and service sectors. No topics relating to total quality management are excluded from consideration in order to develop business excellence.