Top management team gender diversity and green innovation: A contingent curvilinear link

IF 12.5 1区管理学 Q1 BUSINESS

Business Strategy and The Environment Pub Date : 2024-07-01 DOI:10.1002/bse.3857

Xilu Liu, Yi-Chuan Liao, Pengcheng Ma, Yusen Dong

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引用次数: 0

Abstract

The increasing significance of green innovation for firm competitiveness introduces greater risks and uncertain returns, challenging top managers' strategic decisions. The influence of top management team (TMT) characteristics, particularly gender diversity, on green innovation remains unclear. Drawing on gender difference and social identity theories, this study examines the curvilinear relationship between TMT gender diversity and green innovation among 2026 Chinese publicly listed manufacturing firms from 2011 to 2018. Through the use of fixed-effects Poisson models to confirm our hypotheses, we uncover an inverted U-shaped relationship between TMT gender diversity and green innovation. Furthermore, we delve into the contingent roles of individual, corporate, and industry factors affecting this primary relationship. Specifically, our findings reveal that the educational attainment of female executives and the strength of green industry innovation flatten the inverted U-shaped curve between TMT gender diversity and green innovation, whereas state ownership steepen it. Our study resolves the inconsistencies found in previous research by integrating multiple theoretical perspectives and offers empirical insights into the role of women in shaping sustainable development in emerging markets.

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高层管理团队的性别多样性与绿色创新：或然曲线联系

绿色创新对企业竞争力的重要性与日俱增，带来了更大的风险和不确定的回报，对高层管理者的战略决策提出了挑战。高层管理团队（TMT）的特征，尤其是性别多样性，对绿色创新的影响尚不明确。本研究借鉴性别差异和社会认同理论，考察了 2011 年至 2018 年间 2026 家中国制造业上市公司的高层管理团队性别多样性与绿色创新之间的曲线关系。通过使用固定效应泊松模型来证实我们的假设，我们发现 TMT 性别多样性与绿色创新之间存在倒 U 型关系。此外，我们还深入研究了个人、企业和行业因素对这一主要关系的影响。具体来说，我们的研究结果表明，女性高管的教育程度和绿色产业创新的力度会使 TMT 性别多样性与绿色创新之间的倒 U 型曲线趋于平缓，而国有制则会使其趋于陡峭。我们的研究通过整合多种理论视角，解决了以往研究中发现的不一致问题，并为女性在塑造新兴市场可持续发展中的作用提供了经验性见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Business Strategy and The Environment Multiple-

CiteScore

22.50

自引率

19.40%

发文量

336

期刊介绍： Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.