Board internationalization and green innovation

Amid the rapid transition towards a low-carbon world, this study resolves how a nationally-diverse board affects a firm’s inclination towards green innovation. Using eleven years (2005–2015) data of all A-share manufacturing companies listed on the Shanghai and Shenzhen stock exchange, we find relia...

Descripción completa

Detalles Bibliográficos
Autores principales: Usman, Muhammad, Javed, Muzhar, Yin, Junming
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2020
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7556252/
https://www.ncbi.nlm.nih.gov/pubmed/33071397
http://dx.doi.org/10.1016/j.econlet.2020.109625
_version_ 1783594185463431168
author Usman, Muhammad
Javed, Muzhar
Yin, Junming
author_facet Usman, Muhammad
Javed, Muzhar
Yin, Junming
author_sort Usman, Muhammad
collection PubMed
description Amid the rapid transition towards a low-carbon world, this study resolves how a nationally-diverse board affects a firm’s inclination towards green innovation. Using eleven years (2005–2015) data of all A-share manufacturing companies listed on the Shanghai and Shenzhen stock exchange, we find reliable evidence that board internationalization strengthens the tendency of firms towards green business practices. Further, we document that state-owned firms have a stronger aptitude to capitalize on the presence of foreign directors on the board when compared with non-state-owned firms.
format Online
Article
Text
id pubmed-7556252
institution National Center for Biotechnology Information
language English
publishDate 2020
publisher Elsevier B.V.
record_format MEDLINE/PubMed
spelling pubmed-75562522020-10-14 Board internationalization and green innovation Usman, Muhammad Javed, Muzhar Yin, Junming Econ Lett Article Amid the rapid transition towards a low-carbon world, this study resolves how a nationally-diverse board affects a firm’s inclination towards green innovation. Using eleven years (2005–2015) data of all A-share manufacturing companies listed on the Shanghai and Shenzhen stock exchange, we find reliable evidence that board internationalization strengthens the tendency of firms towards green business practices. Further, we document that state-owned firms have a stronger aptitude to capitalize on the presence of foreign directors on the board when compared with non-state-owned firms. Elsevier B.V. 2020-12 2020-10-14 /pmc/articles/PMC7556252/ /pubmed/33071397 http://dx.doi.org/10.1016/j.econlet.2020.109625 Text en © 2020 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Usman, Muhammad
Javed, Muzhar
Yin, Junming
Board internationalization and green innovation
title Board internationalization and green innovation
title_full Board internationalization and green innovation
title_fullStr Board internationalization and green innovation
title_full_unstemmed Board internationalization and green innovation
title_short Board internationalization and green innovation
title_sort board internationalization and green innovation
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7556252/
https://www.ncbi.nlm.nih.gov/pubmed/33071397
http://dx.doi.org/10.1016/j.econlet.2020.109625
work_keys_str_mv AT usmanmuhammad boardinternationalizationandgreeninnovation
AT javedmuzhar boardinternationalizationandgreeninnovation
AT yinjunming boardinternationalizationandgreeninnovation

Ejemplares similares