{"title":"缩小绿色差距:揭示国家文化因素、管理效率和腐败在推动绿色创新中的复杂相互作用","authors":"Wan Masliza Wan Mohammad , Ennie Salina Roseli","doi":"10.1016/j.jclimf.2024.100050","DOIUrl":null,"url":null,"abstract":"<div><div>The objective of this research is to investigate the relationship between national culture, management score, corruption, and its implication on firms’ green innovation. This paper analyses 2588 firm year data using panel corrected standard errors (PCSE), two stage least regression (2SLS) and Generalized Method of Moments (GMM). This paper also conducts quantile regressions and propensity score matching (probit regression) for the effect of national cultures on country’s corruption. Our initial observation found that national culture of long-term orientation is positively associated with green innovation. But in contrast to earlier findings, green innovation is negatively associated with individualism and indulgence. Nonetheless, when management score is used as a moderating variable for long term orientation national culture, a negative observation is made, likely due to restrictive regulatory compliance, conflict of interest or even inconsistent ideas amongst the management and the employees during the long-term execution of the project.</div></div>","PeriodicalId":100763,"journal":{"name":"Journal of Climate Finance","volume":"9 ","pages":"Article 100050"},"PeriodicalIF":0.0000,"publicationDate":"2024-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Bridging the green gap: Unveiling the complex interplay of national cultural dimensions, management effectiveness and corruption in driving green innovations\",\"authors\":\"Wan Masliza Wan Mohammad , Ennie Salina Roseli\",\"doi\":\"10.1016/j.jclimf.2024.100050\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>The objective of this research is to investigate the relationship between national culture, management score, corruption, and its implication on firms’ green innovation. This paper analyses 2588 firm year data using panel corrected standard errors (PCSE), two stage least regression (2SLS) and Generalized Method of Moments (GMM). This paper also conducts quantile regressions and propensity score matching (probit regression) for the effect of national cultures on country’s corruption. Our initial observation found that national culture of long-term orientation is positively associated with green innovation. But in contrast to earlier findings, green innovation is negatively associated with individualism and indulgence. Nonetheless, when management score is used as a moderating variable for long term orientation national culture, a negative observation is made, likely due to restrictive regulatory compliance, conflict of interest or even inconsistent ideas amongst the management and the employees during the long-term execution of the project.</div></div>\",\"PeriodicalId\":100763,\"journal\":{\"name\":\"Journal of Climate Finance\",\"volume\":\"9 \",\"pages\":\"Article 100050\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-10-12\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Climate Finance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S2949728024000208\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Climate Finance","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2949728024000208","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Bridging the green gap: Unveiling the complex interplay of national cultural dimensions, management effectiveness and corruption in driving green innovations
The objective of this research is to investigate the relationship between national culture, management score, corruption, and its implication on firms’ green innovation. This paper analyses 2588 firm year data using panel corrected standard errors (PCSE), two stage least regression (2SLS) and Generalized Method of Moments (GMM). This paper also conducts quantile regressions and propensity score matching (probit regression) for the effect of national cultures on country’s corruption. Our initial observation found that national culture of long-term orientation is positively associated with green innovation. But in contrast to earlier findings, green innovation is negatively associated with individualism and indulgence. Nonetheless, when management score is used as a moderating variable for long term orientation national culture, a negative observation is made, likely due to restrictive regulatory compliance, conflict of interest or even inconsistent ideas amongst the management and the employees during the long-term execution of the project.