The impact of organizational-level political connection on environmental strategy in private firms

被引：3
|
作者：
Long, Zhineng [1 ]
Duan, Yulan [2 ,4 ]
Zhan, Heng [3 ]
机构：
[1] Shanghai Univ Finance & Econ, Sch Accountancy, Shanghai, Peoples R China
[2] Zhejiang Univ Finance & Econ, Sch Business Adm, Hangzhou, Zhejiang, Peoples R China
[3] Hangzhou Dianzi Univ, Sch Accounting, Hangzhou, Zhejiang, Peoples R China
[4] 18 Xueyuan St, Hangzhou 310018, Zhejiang, Peoples R China
来源：
ECONOMIC MODELLING | 2024年 / 132卷
关键词：
Political connection; Environmental strategy; Party branch; Green innovation; Environmental protection investment; INSTITUTIONAL PRESSURES; UPPER ECHELONS; CORPORATE; CHINA; ATTENTION; RESPONSIBILITY; POLLUTION; GROWTH;
D O I：
10.1016/j.econmod.2023.106644
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Encouraging private firms in emerging economies to adopt environmental strategies presents a significant challenge. Previous literature has extensively explored environmental strategies but has not sufficiently delved into the influence of organizational-level political connections. Using a national sample survey of Chinese private firms in 2016, this study investigates the impact of Party branch on firm's environmental strategies. Our findings reveal that the presence of Party branches significantly boosts green innovation and environmental protection investment among private firms. Furthermore, these effects are positively reinforced by environmental regulatory pressure and public environmental pressure. This study underscores the crucial role of organizational-level political connections, specifically Party branches, in transmitting and coordinating external institutional pressures, thereby fostering firms' environmental strategies.
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页数：11
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