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Family involvement in the board and green innovation of family firms: The moderating effect of family-based naming

Author

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  • Tan, Qingmei
  • Wang, Yuge
  • Cheng, Tianqi
  • Li, Zhenhua

Abstract

Drawing on the perspective of socioemotional wealth (SEW), this paper explores the effect of family involvement in the board (FIB) on green innovation of family firms and the moderating role of family-based naming. By analyzing a sample of Chinese A-share listed family firms from 2008 to 2022, this paper finds that increased FIB can significantly inhibit green innovation of family firms, and family-based naming weakens the negative relationship. The channel test shows that increased FIB weakens the risk-taking level, aggravates managerial myopia and type II agency costs, thereby affecting the family firm’s green innovation. The heterogeneity analysis indicates that the negative impact of FIB on green innovation is more pronounced in family firms with higher analyst coverage and facing stronger industrial competition.

Suggested Citation

  • Tan, Qingmei & Wang, Yuge & Cheng, Tianqi & Li, Zhenhua, 2026. "Family involvement in the board and green innovation of family firms: The moderating effect of family-based naming," Research in International Business and Finance, Elsevier, vol. 82(C).
    • Handle: RePEc:eee:riibaf:v:82:y:2026:i:c:s0275531925004970
    DOI: 10.1016/j.ribaf.2025.103241
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    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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