{"title":"家族企业认同对绿色创新的影响:家族文化的调节作用","authors":"Yali Zhao , Ran Zhou , Liyuan Pang","doi":"10.1016/j.irfa.2025.104276","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines the impact of family business identity on green innovation, using data from family businesses listed on China's A-share markets between 2011 and 2020. The results indicate that family business identity has a significant negative effect on green innovation, particularly on substantive green innovation. This effect is further amplified by China's distinctive family culture. Mechanism analysis suggests that a strong family business identity heightens resource pressures due to an emphasis on restricted socioemotional wealth, thereby limiting proactive engagement in green innovation initiatives. These findings help explain the “green development dilemma” faced by family businesses and offer empirical evidence and managerial insights to support greater engagement in green innovation practices among family businesses in China.</div></div>","PeriodicalId":48226,"journal":{"name":"International Review of Financial Analysis","volume":"104 ","pages":"Article 104276"},"PeriodicalIF":7.5000,"publicationDate":"2025-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Impact of family business identity on green innovation: The moderating role of family culture\",\"authors\":\"Yali Zhao , Ran Zhou , Liyuan Pang\",\"doi\":\"10.1016/j.irfa.2025.104276\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study examines the impact of family business identity on green innovation, using data from family businesses listed on China's A-share markets between 2011 and 2020. The results indicate that family business identity has a significant negative effect on green innovation, particularly on substantive green innovation. This effect is further amplified by China's distinctive family culture. Mechanism analysis suggests that a strong family business identity heightens resource pressures due to an emphasis on restricted socioemotional wealth, thereby limiting proactive engagement in green innovation initiatives. These findings help explain the “green development dilemma” faced by family businesses and offer empirical evidence and managerial insights to support greater engagement in green innovation practices among family businesses in China.</div></div>\",\"PeriodicalId\":48226,\"journal\":{\"name\":\"International Review of Financial Analysis\",\"volume\":\"104 \",\"pages\":\"Article 104276\"},\"PeriodicalIF\":7.5000,\"publicationDate\":\"2025-04-24\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Review of Financial Analysis\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1057521925003631\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Financial Analysis","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1057521925003631","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Impact of family business identity on green innovation: The moderating role of family culture
This study examines the impact of family business identity on green innovation, using data from family businesses listed on China's A-share markets between 2011 and 2020. The results indicate that family business identity has a significant negative effect on green innovation, particularly on substantive green innovation. This effect is further amplified by China's distinctive family culture. Mechanism analysis suggests that a strong family business identity heightens resource pressures due to an emphasis on restricted socioemotional wealth, thereby limiting proactive engagement in green innovation initiatives. These findings help explain the “green development dilemma” faced by family businesses and offer empirical evidence and managerial insights to support greater engagement in green innovation practices among family businesses in China.
期刊介绍:
The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.