Abstract
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.
| Original language | English |
|---|---|
| Article number | 109625 |
| Journal | Economics Letters |
| Volume | 197 |
| DOIs | |
| State | Published - Dec 2020 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2020 Elsevier B.V.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 9 Industry, Innovation, and Infrastructure
Keywords
- Board internationalization
- Foreign directors
- Green innovation
ASJC Scopus subject areas
- Finance
- Economics and Econometrics
Fingerprint
Dive into the research topics of 'Board internationalization and green innovation'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver