Purpose
The purpose of this study is to examine the effect of stakeholder orientation in mediating the impact of female directors on environmental innovation. The authors argue that female directors are eco-friendly and more concerned with multi-stakeholder interests and demands. Thus, they promote environmental innovation by including more stakeholder-oriented values and beliefs in firm decision-making.
Design/methodology/approach
As the dependent variable in this study is a nonnegative count variable, the authors use a count data model based on Poisson regression. A sample of Chinese listed firms between 2010 and 2020 is used to test the hypotheses.
Findings
The results of this study show that female directors can enhance environmental innovation. Further, stakeholder orientation represents an intermediate channel that accounts for the effects of female directors on environmental innovation. This suggests that having women on a board can lead to better stakeholder management, which, in turn, positively affects environmental innovation. The authors also reveal that female directors contribute more to stakeholder orientation with the presence of female chairpersons.
Originality/value
A significant limitation in the literature is that little attention has been paid to the mechanisms linking female directors to firm outcomes. In the context of environmental innovation, while previous studies have investigated the influence of female directors on environmental innovation, the underlying channels of that influence remain largely unexplored. Therefore, the findings of this study advance the understanding of the effects of female directors on environmental innovation by revealing an important underlying channel – stakeholder orientation.
This study examines the double-edged effect of government directors on strategic change by conceptualizing them as strong resource provision but weak monitoring that exert the opposite impact on strategic change. Since we cannot predict which of the two effects will be larger ex ante, we do not predict a main effect. Instead, we examine resource constraints, managerial incentives, and state ownership as contingency factors. Using a sample of Chinese listed firms from 2010 to 2016, we find evidence for the prediction. This study contributes to the current literature by providing a more complete understanding of government directors.
The current insufficient quantification and evaluation of major functions fundamentally affected regional sustainable management and policy implementation. This study focused on the problem that no effective quantitative accounting relationship has been established between development activities and resource utilization. In order to establish the relationship between major function accounting and natural resource accounting, we analyzed the relevant studies on the evaluation of major functions, natural resource accounting, environmental accounting, ecosystem services, and assets accounting. The efficiency comparison of different functions was completed using the equivalent factor method for ecosystem service value measurement and the input–output method for water footprint measurement. We found that the accounting of major functions and resources can guide regional sustainable management by using function positioning and resource comparative advantages. In addition, administrative units were linked to functional units, providing the possibility of cross-regional comparison of total functional resources, efficiency, and structure of major functions.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.