Can digitalization break the political resource curse? A study on political connections and corporate green innovation.

IF 8 2区环境科学与生态学 Q1 ENVIRONMENTAL SCIENCES

Journal of Environmental Management Pub Date : 2025-03-27 DOI:10.1016/j.jenvman.2025.124992

Neng Shen, Lin Zhang, Hao Huang, Guoping Zhang, Jing Zhang, Jingwen Zhou

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Abstract

Digitalization and greening are inexorable trends in enterprise development today. Based on data from Chinese listed companies from 2008 to 2020, this study examines the relationship between political connections and firms' green innovation, exploring whether digitalization can break the political resource curse and promote green innovation. We find that political connections hinder firms' green innovation, indicating the existence of the political resource curse. Our moderating effect analysis shows that the higher the degree of digitalization of firms, the more significant the decrease in the negative effect of political connections on green innovation, thereby breaking the political resource curse. Heterogeneity analysis shows that the positive moderating effect of digitalization is higher on private firms and firms with more redundant resources. Finally, mechanistic analysis indicates that political connections hinder firms' green innovation by reducing operational efficiency.

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来源期刊

Journal of Environmental Management 环境科学-环境科学

CiteScore

13.70

自引率

5.70%

发文量

2477

审稿时长

84 days

期刊介绍： The Journal of Environmental Management is a journal for the publication of peer reviewed, original research for all aspects of management and the managed use of the environment, both natural and man-made.Critical review articles are also welcome; submission of these is strongly encouraged.