摘要
以2011—2019年我国重污染制造业上市公司为研究对象,研究CEO权力及绿色创新对企业可持续发展绩效的影响因素及作用机理。结果表明:CEO权力越大,越能促进企业可持续发展绩效的提升;绿色创新在CEO权力对企业可持续发展绩效的影响途径中起中介作用;经济政策不确定性负向调节了绿色工艺创新在CEO权力与企业环境社会责任绩效间的中介作用,以及绿色产品创新在CEO权力与企业财务绩效间的中介作用。据此,企业应合理配置并适当增加CEO权力,重视绿色创新对企业可持续发展绩效的影响,并深入了解经济政策变动带来的外部风险和反向冲击,及时作出有效应对,以有效提升企业可持续发展绩效。
Taking the listed companies of China’s heavy pollution manufacturing industry from 2011 to 2019 as the research object,this paper studies the influencing factors and mechanism of CEO power and green innovation on the sustainable development performance of enterprises.The results show that:the greater the CEO’s power,the more it can promote the improvement of enterprise sustainable development performance;green innovation plays a mediating role in the influence of CEO’s power on enterprise sustainable development performance;economic policy uncertainty negatively moderates the mediating role of green process innovation between CEO’s power and corporate environmental&social responsibility performance,and the mediating role of green product innovation between CEO’s power and corporate financial performance.Accordingly,enterprises should reasonably allocate and appropriately increase the power of the CEO,pay attention to the impact of green innovation on the sustainable development performance of enterprises,and have an in-depth understanding of external risks and adverse impacts brought about by changes in economic policies,and take effective countermeasures in a timely manner to effectively improve the sustainable development performance of enterprises.
作者
刘叶云
刘佳
刘思
LIU Yeyun;LIU Jia;LIU Si(Business School,Hunan Normal University,Changsha 410081,China)
出处
《湖南工业大学学报（社会科学版）》
2022年第4期38-48,共11页
Journal of Hunan University of Technology(Social Science Edition)
基金
国家社会科学基金资助项目“新形势下长效治理精准产业扶贫异化的审计机制研究”(18AJY003)
湖南省自然科学基金资助项目“互联网背景下公司治理特征对财务行为的影响研究”(2017JJ2182)。
关键词
CEO权力
绿色创新
企业可持续发展绩效
经济政策不确定性
CEO’s power
green innovation
corporate sustainable development performance
economic policy uncertainty
