Environmental Regulations and Innovation for Sustainability? Moderating Effect of Political Connections
Companies are subject to both formal regulation pressure from government and informal regulation pressure from other stakeholders to adopt green innovations for sustainability. Using a sample of 4924 private Chinese companies, our empirical study indicates that both formal and informal regulation pressures have a positive effect on green innovation. We also find that political connections positively moderate the effect of formal regulation pressure on green innovation, but negatively moderate the effect of informal regulation pressure on green innovation.
Wu, B., Fang, C., Jacoby, G., Li, G., & Wu, Z. (2022). Environmental Regulations and Innovation for Sustainability? Moderating Effect of Political Connections. Emerging Markets Review, 50 Elsevier.
The definitive version is available at https://doi.org/10.1016/j.ememar.2021.100835
Business and Information Technology
Keywords and Phrases
Environmental regulation; Formal regulation pressure; Green innovation; Informal regulation pressure; Political connections
International Standard Serial Number (ISSN)
Article - Journal
© 2023 Elsevier, All rights reserved.
01 Mar 2022
National Natural Science Foundation of China, Grant 20YSXK02ZD