DOI: 10.1007/s11069-020-04137-y
论文题名: Differential effects of voluntary environmental programs and mandatory regulations on corporate green innovation
作者: Li D. ; Tang F. ; Zhang L.
刊名: Natural Hazards
ISSN: 0921030X
出版年: 2020
卷: 103, 期: 3 起始页码: 3437
结束页码: 3456
语种: 英语
中文关键词: Corporate green innovation
; Mandatory environmental regulations
; Organizational slack
; Voluntary environmental programs
英文关键词: corporate strategy
; environmental economics
; environmental legislation
; green economy
; guideline
; innovation
; regulatory framework
; China
英文摘要: There is a long-lasting debate on whether environmental regulation fosters or hinders corporate green innovation. To address this debate, this study differentiates two types of regulations: mandatory environmental regulations (MERs) and voluntary environmental programs (VEPs), and explores whether MERs and VEPs, separately and jointly, affects corporate green innovation. This study also investigates the moderating effect of organizational slack on the focal relationship. With the data of top 100 listed companies in China, the results show that MERs significantly negatively affect green innovation, while VEPs significantly positively influence green innovation, and VEPs mitigate the negative impact of MERs on green innovation. Moreover, organizational slack strengthens the positive relationship between VEPs and green innovation, while no significant moderating effect on the MER–green innovation relationship. These findings provide guidance for corporate green innovation under mandatory regulations and voluntary programs. © 2020, Springer Nature B.V. Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/168584
Appears in Collections: 气候变化与战略
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作者单位: School of Business, Central South University, Changsha, China; School of Business, Hunan First Normal University, Changsha, China
Recommended Citation:
Li D.,Tang F.,Zhang L.. Differential effects of voluntary environmental programs and mandatory regulations on corporate green innovation[J]. Natural Hazards,2020-01-01,103(3)