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Corporate environmental responsibility, CEO’s tenure and innovation legitimacy: Evidence from Chinese listed companies

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Listed:
  • Xu, Peng
  • Xu, Xiaomei
  • Bai, Guiyu

Abstract

This study uses data from Chinese listed companies from 2010 to 2017 to analyze the influence of mechanism of corporate environmental responsibility on innovation legitimacy. The results show the corporate environmental responsibility of Chinese listed companies has a positive impact on innovation legitimacy. Specifically, the CEO's tenure serves as a mediator between corporate environmental responsibility and innovation legitimacy. Moreover, the paper finds that CEO's tenure of listed company will reinforce the positive effect of corporate environmental responsibility on innovation legitimacy at the same time. The purpose of this study is to present new empirical findings for Chinese listed companies to improve innovation legality and innovation performance, and further confirm the importance of the corporate environment by conducting a robustness test.

Suggested Citation

  • Xu, Peng & Xu, Xiaomei & Bai, Guiyu, 2022. "Corporate environmental responsibility, CEO’s tenure and innovation legitimacy: Evidence from Chinese listed companies," Technology in Society, Elsevier, vol. 70(C).
    • Handle: RePEc:eee:teinso:v:70:y:2022:i:c:s0160791x2200197x
    DOI: 10.1016/j.techsoc.2022.102056
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    7. Zhang, Jing & Li, Meng, 2024. "Compromise or struggle: Extreme temperatures and environmental corporate social responsibility in China," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 1872-1894.
    8. Aiste Dirzyte & Vytis Valatka, 2023. "Creative and Happy Individuals Concerned about Climate Change: Evidence Based on the 10th Round of the European Social Survey in 22 Countries," Sustainability, MDPI, vol. 15(22), pages 1-18, November.
    9. Jane Marzouk & Raghda El Ebrashi, 2024. "The interplay among green absorptive capacity, green entrepreneurial, and learning orientations and their effect on triple bottom line performance," Business Strategy and the Environment, Wiley Blackwell, vol. 33(3), pages 1962-1976, March.
    10. Liu, Feng & Huang, Wanying & Zhang, Jing & Fang, Mingjie, 2024. "Corporate social responsibility in family business: Using machine learning to uncover who is doing good," Technology in Society, Elsevier, vol. 76(C).

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