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Executives with overseas background and green innovation

Author

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  • Zheng, Yizhe
  • Li, Jiali
  • Zhang, Xinhe

Abstract

The article explores the relationship between executives' overseas background and corporate green innovation and the mechanism of their role, using A-share listed companies from 2012 to 2022 as the research object. The analysis shows that executives' overseas background will significantly promote corporate green innovation output; executives with overseas experience are more willing to take risks and are willing to carry out green innovation activities with higher uncertainty and longer payback cycle of ordinary investment and R&D innovation; executives with overseas background can improve corporate financing constraints, which will then positively promote corporate green innovation.

Suggested Citation

  • Zheng, Yizhe & Li, Jiali & Zhang, Xinhe, 2023. "Executives with overseas background and green innovation," Finance Research Letters, Elsevier, vol. 58(PD).
  • Handle: RePEc:eee:finlet:v:58:y:2023:i:pd:s1544612323009881
    DOI: 10.1016/j.frl.2023.104616
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    References listed on IDEAS

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    Cited by:

    1. Liu, Meiling, 2024. "The impact of directors' foreign experience on corporate carbon emissions: A mediating perspective based on corporate green innovation," Finance Research Letters, Elsevier, vol. 62(PB).
    2. Yu Yanxia, 2024. "Carbon Taxes and CO2 Emissions: A Replication of Andersson (American Economic Journal: Economic Policy, 2019)," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 18(1), pages 1-19.
    3. Zhu, Zhaohui & Huang, Yang & Hu, Chao & Yan, Youliang, 2024. "The green effects of competition: administrative monopoly regulation and green innovation," Finance Research Letters, Elsevier, vol. 64(C).

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