Green credit policy and corporate green innovation: do banker directors matter?

IF 3.6 4区管理学 Q2 MANAGEMENT

Total Quality Management & Business Excellence Pub Date : 2023-03-16 DOI:10.1080/14783363.2023.2188185

Ruiyang Niu, Lin Chen, Gunaghua Xie, Inayat Khan, Longfeng Zhao

引用次数: 2

Abstract

Based on the green credit policy (GCP) of 2012 in China, we examine how banker directors affect GCP’s motivating effect on corporate green innovation. We find that banker directors facilitate the motivating impact of GCP on corporate green innovation. The prompting effect of banker directors is mainly through improving the information asymmetry related to corporate green innovation and monitoring the green credit usage. Banker directors’ positive impact is primarily found in non-state-owned enterprises and firms located in regions with low guanxi culture, strong environmental regulation, and high intellectual property protection. Our research helps to identify the critical role of banker directors. The findings provide some insights for improving the GCP's positive effect on corporate green innovation by stimulating banker directors’ monitoring roles.

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绿色信贷政策与企业绿色创新:银行家董事重要吗?

本文以2012年中国绿色信贷政策为研究对象，考察了银行董事对绿色信贷政策对企业绿色创新的激励作用。我们发现，银行董事促进了GCP对企业绿色创新的激励作用。银行董事的激励作用主要通过改善与企业绿色创新相关的信息不对称和监控绿色信贷的使用来实现。银行董事的正向影响主要存在于非国有企业和位于关系文化低、环境监管强、知识产权保护程度高的地区的企业。我们的研究有助于确定银行家董事的关键作用。研究结果为通过激励银行董事的监督角色来提高GCP对企业绿色创新的积极影响提供了一些见解。

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

Total Quality Management & Business Excellence MANAGEMENT-

CiteScore

8.90

自引率

12.80%

发文量

期刊介绍： Total Quality Management & Business Excellence is an international journal which sets out to stimulate thought and research in all aspects of total quality management and to provide a natural forum for discussion and dissemination of research results. The journal is designed to encourage interest in all matters relating to total quality management and is intended to appeal to both the academic and professional community working in this area. Total Quality Management & Business Excellence is the culture of an organization committed to customer satisfaction through continuous improvement. This culture varies both from one country to another and between different industries, but has certain essential principles which can be implemented to secure greater market share, increased profits and reduced costs. The journal provides up-to-date research, consultancy work and case studies right across the whole field including quality culture, quality strategy, quality systems, tools and techniques of total quality management and the implementation in both the manufacturing and service sectors. No topics relating to total quality management are excluded from consideration in order to develop business excellence.