{"title":"How does CEOs’ early-life experience of China’s Great Famine impact corporate green innovation?","authors":"Yuying Jin, Guangyu Ye","doi":"10.1016/j.jbef.2024.100932","DOIUrl":null,"url":null,"abstract":"<div><p>Investigating the antecedents of corporate green innovation (CGI) from a CEO perspective has garnered increasing attention in recent years. Our study examines whether and how CEOs’ early-life experience of China’s Great Famine affects CGI. Using data from listed Chinese manufacturing firms from 2007 through 2018, we perform feasible general least squares regression to show that CEOs’ early-life Great Famine experience exhibits a significant and negative impact on CGI. Furthermore, this effect is particularly evident in firms situated in areas with low levels of environmental regulation and social trust.</p></div>","PeriodicalId":47026,"journal":{"name":"Journal of Behavioral and Experimental Finance","volume":"42 ","pages":"Article 100932"},"PeriodicalIF":4.3000,"publicationDate":"2024-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Behavioral and Experimental Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2214635024000479","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
Investigating the antecedents of corporate green innovation (CGI) from a CEO perspective has garnered increasing attention in recent years. Our study examines whether and how CEOs’ early-life experience of China’s Great Famine affects CGI. Using data from listed Chinese manufacturing firms from 2007 through 2018, we perform feasible general least squares regression to show that CEOs’ early-life Great Famine experience exhibits a significant and negative impact on CGI. Furthermore, this effect is particularly evident in firms situated in areas with low levels of environmental regulation and social trust.
期刊介绍:
Behavioral and Experimental Finance represent lenses and approaches through which we can view financial decision-making. The aim of the journal is to publish high quality research in all fields of finance, where such research is carried out with a behavioral perspective and / or is carried out via experimental methods. It is open to but not limited to papers which cover investigations of biases, the role of various neurological markers in financial decision making, national and organizational culture as it impacts financial decision making, sentiment and asset pricing, the design and implementation of experiments to investigate financial decision making and trading, methodological experiments, and natural experiments.
Journal of Behavioral and Experimental Finance welcomes full-length and short letter papers in the area of behavioral finance and experimental finance. The focus is on rapid dissemination of high-impact research in these areas.