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Corporate Governance And Green Innovation


Corporate Governance And Green Innovation
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Corporate Governance And Green Innovation


Corporate Governance And Green Innovation
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Author : Mario Daniele Amore
language : en
Publisher:
Release Date : 2015

Corporate Governance And Green Innovation written by Mario Daniele Amore and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.


We study the relationship between corporate governance and firms' environmental innovation. Exploiting changes in antitakeover legislation in the US, we show that worse governed firms generate fewer green patents relative to all their innovations. This negative effect is greater for firms with a smaller share of institutional ownership, with a smaller stock of green patents, and with more binding financial constraints. Investigating regulatory and industry variations, we also find more pronounced effects for firms operating in states with lower pollution abatement costs, and in sectors less dependent on energy inputs. Overall, our results suggest that ineffective corporate governance may constitute a major obstacle to environmental efficiency.



When Regulations And Money Are Not Enough To Spur Green Innovation


When Regulations And Money Are Not Enough To Spur Green Innovation
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Author : Pengcheng Tang
language : en
Publisher:
Release Date : 2023

When Regulations And Money Are Not Enough To Spur Green Innovation written by Pengcheng Tang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.


Our paper helps answer why stricter environmental regulations, even combined with sufficient financial resources, still fail to yield significant green innovation performance by considering the heterogeneity of corporate governance mechanisms. Building on the institutional theory, resource-based view, and corporate governance literature, we construct a novel theoretical framework to explain how firms' heterogeneous financial resources and corporate governance mechanisms affect their responses to environmental regulations. Our findings reveal that financial resources positively moderate how environmental regulations spur green innovation, while the positively moderated effect is strengthened by a strong governance structure. The evidence furthers our understanding of the condition under which stricter environmental regulations could be translated into more green innovative outputs. It also has significant practical implications for “going green” in China and possibly in other emerging countries with a similar institutional context where environmental stewardship primarily relies on government-driven environmental regulations.



Climate Governance And Corporate Eco Innovation


Climate Governance And Corporate Eco Innovation
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Author : Vu Quang Trinh
language : en
Publisher: Springer Nature
Release Date :

Climate Governance And Corporate Eco Innovation written by Vu Quang Trinh and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Environmental Justice Local Governance And Corporate Green Innovation


Environmental Justice Local Governance And Corporate Green Innovation
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Author : Weiyan Gao
language : en
Publisher:
Release Date : 2023

Environmental Justice Local Governance And Corporate Green Innovation written by Weiyan Gao and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.


In this paper, we investigate whether and how environmental justice influences climate mitigation and adaptation technologies. We exploit the staggered establishment of environmental courts in China as a quasi-natural experiment that strengthened environmental justice and authoritative regulatory system independence to examine the interaction between local governments and firms' green innovation productivity. Using a sample of heavily polluting firms, we find that treatment firms significantly increased their green innovation productivity after the establishment of environmental courts relative to their counterparts. The main explanation of our findings is that environmental courts increase authoritative judicial constraints on local governments, break the collusion between local governments and firms under local protectionism, and in turn induce local governments to guide heavily polluting firms to optimize their green innovation structure through incentive and constraint mechanisms. Furthermore, we find that environmental courts play a major role in stimulating green patenting productivity in firms with lower risk-bearing capacity, higher green agency costs, and state-owned firms. We also find that green patents applied independently are more sensitive to the establishment of environmental courts than jointly applied green patents. However, corporate green R&D efficiency does not improve after the establishment of environmental courts. Overall, we uncover that environmental justice strengthening is one of the effective mechanisms that can be used to promote a just transition toward a low-carbon green economy.



Climate Governance And Corporate Eco Innovation


Climate Governance And Corporate Eco Innovation
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Author : Vu Trinh
language : en
Publisher: Springer
Release Date : 2024-06-04

Climate Governance And Corporate Eco Innovation written by Vu Trinh and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-04 with Business & Economics categories.


Corporations are increasingly dedicated to implementing more robust climate change practices in an era characterized by natural resource constraints, socio-environmental challenges, and mounting climate change pressures. This book provides a timely exploration of theoretical and empirical perspectives on global climate governance and corporate eco-innovation activities. It illustrates how corporations are actively addressing climate change by enhancing their climate governance systems and integrating eco-innovation into their operations, significantly impacting financial decision-making, policies, performance, risk management, and other crucial indicators. In this context, eco-innovation represents a corporation's ability to reduce environmental costs and burdens for its customers. It plays a vital role in helping firms improve energy and environmental efficiency, mitigate energy consumption, reduce carbon emissions, and minimize ecological harm during and after production. Additionally, eco-innovation can create new market opportunities by enhancing existing environmental technologies. Furthermore, the shift from conventional corporate governance to a heightened focus on corporate climate governance mechanisms, such as the establishment of ecological committees, the implementation of cli-mate incentives for managers and executives, and the publication of sustainability or climate change reports, proves to be an effective strategy for motivating firms to become more dedicated to environmental protection and eco-innovation initiatives.



Governance And Business Models For Sustainable Capitalism


Governance And Business Models For Sustainable Capitalism
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Author : Atle Midttun
language : en
Publisher: Routledge
Release Date : 2021-12-20

Governance And Business Models For Sustainable Capitalism written by Atle Midttun and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-20 with Business & Economics categories.


Governance and Business Models for Sustainable Capitalism touches upon many of the central themes of today’s debate on business and society. In particular, it brings attention to a recurrent tension between efficiency, innovation, and productivity on the one hand, and fairness, equity, and sustainability on the other. The book argues that we need radical rethinking of business models and economic governance, beyond the classical doctrine, which sees social and ecological responsibility as lying with public-policy regulation of purely profit-seeking firms. In spite of the popular CSR agenda, business – as we know it today – is both too transient and too limited in its motivation to carry the regulatory burden. We need to adopt a much wider concept of 'partnered governance', where advanced states and pioneering companies work together to raise the social and environmental bar. The book suggests that civil engagements based on moral rather than formal rights, and amplified through the media, may provide a healthy challenge both to autocratic planning and to solely profit-centered commercialization. The book also proposes a triple cycle theory of innovation for sustainability: a novel framing of the efficacy of green and prosocial entrepreneurship as intertwined with political visions and supportive institutions. In addition, the book offers reflections on the ways in which further digital robotizaton may enable transition to an ‘Agora Economy’ where productive efficiency is combined with expanded civic freedoms. Aimed primarily at researchers, academics, and students in the fields of political economy, business and society, corporate governance, business ethics, corporate social responsibility, and sustainability, the book will additionally be of value to practitioners, supplying them with information regarding the challenges associated with the shaping of sustainable or ‘civilised’ market capitalism for a better world.



Greening The Boardroom


Greening The Boardroom
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Author : Grant Ledgerwood
language : en
Publisher: Routledge
Release Date : 2017-09-20

Greening The Boardroom written by Grant Ledgerwood and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-20 with Business & Economics categories.


On a world scale, the implicit deal between corporation and community is undergoing a revolution in the period 1990–2000. For the first time, corporate boardrooms are having to confront the environmental challenge not as a peripheral issue around "public relations", but as a core issue of credibility with its customers. As trust in big business has declined, consumer willingness to alter buying behaviour to register disapproval has accelerated. As a result, boardrooms in the largest companies are having to redraw their strategic procedures regarding the environment. This book aims to advance the general understanding of corporate environmental governance as an issue capable of separate and detailed analysis. It aims to provide not an overview, but a series of test cores into the generally unexamined issues surrounding the changing ethos of corporate action and environmental investment. To date, the "business and environment" strategic conversation has reached only a minute proportion of a global audience. Over the next twenty years, this dialogue will transform business into the 21st century. Moreover, it will become internalised into a way of working within Corporate Culture. Greening the Boardroom explores through case studies and surveys some of the changes in this process, in Europe as well as in Asia and North America. Suitable for readers in general management, business, government and academia, this book is an important contribution to the corporate environmental debate by the author of The Environmental Audit and Business Strategy: A Total Quality Approach.



Sustainable Boardrooms


Sustainable Boardrooms
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Author : Apoorvi Shrivastava
language : en
Publisher: Springer Nature
Release Date : 2023-11-15

Sustainable Boardrooms written by Apoorvi Shrivastava and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-15 with Business & Economics categories.


This book discusses various interactions in the sustainability and development sector. It presents a thematic approach to describe progressive models and cases on disruptions, innovations, regulatory and institutional evolution related to the area of sustainability, through an organizational and boardroom level governance lens. It documents how certain schools of thought, models of engagement and methods-platforms-practices impact society and while doing so, brings together varying theoretical debates, practicing models and instruments of transformation in green governance. Sustainable policy making demands a whole of government approach in decision-making processes. Further, inclusiveness and ‘green’ consciousness of corporate boardrooms are paramount, without which, effective socially responsible business practices are absurd. Human resource development, shaped on sustainable corporate ethics, requires well-trained sustainability specialists, managers that can think ‘green’ in their overall decision making which are essential for green governance. In this context, the book creates a functional, interpretive repertoire of stories, commentaries, life experiences, and reflections of corporate leaders, academics, and practicing consultants, on their decision-making processes, and how they interpret sustainability. These stories and thoughts help create a functional academic construct, which will assist academics teach ‘green’ competencies to business school students better, and entrepreneurs and business executives to better understand the idea of sustainable growth.



Adapting And Mitigating Environmental Social And Governance Risk In Business


Adapting And Mitigating Environmental Social And Governance Risk In Business
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Author : Ziolo, Magdalena
language : en
Publisher: IGI Global
Release Date : 2021-04-16

Adapting And Mitigating Environmental Social And Governance Risk In Business written by Ziolo, Magdalena and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-16 with Business & Economics categories.


Environmental, social, and corporate governance (ESG) risk considers the nonfinancial risks that could arise in a business, such as sustainability, brand reputation, legal aspects, ethics, and more. As businesses all have their own risk profiles, there is a need for risk management and mitigation that is unique for each company. Because of this variability, the study on ESG risk factors and motives of incorporating the ESG perspective into business models are crucial yet challenging. Therefore, it is important to understand how companies are adapting and mitigating ESG risk in diverse types of businesses. Adapting and Mitigating Environmental, Social, and Governance Risk in Business examines processes in enterprises that can increase the sustainability of business models and their coherence with the assumptions of the concept of sustainable development and ESG risk. Furthermore, the book explores how enterprises operating in different sectors are adapting their business models towards sustainability in order to create sustainable value. This book is a valuable tool for managers, executives, entrepreneurs, practitioners, academicians, researchers, and graduate students in finance, business, and management.



Innovations In Corporate Governance


Innovations In Corporate Governance
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Author : Susan Watson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2017-10-27

Innovations In Corporate Governance written by Susan Watson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-27 with Corporate governance categories.


The world is changing. Old certainties were swept away by the Financial Crisis of 2008. States are grappling with the implications of new thinking about the ways in which the role and nature of corporations should be viewed and therefore regulated. This timely study uses perspectives of scholars from around the world to highlight and provide critical analysis of innovations in corporate governance adopted in a range of jurisdictions, both mature and developing. Due to their primary importance, particular attention is paid to the governance of banks.