Green Governance: New Perspective from Open Innovation

Li, Weian; Jian, Xie; Zheng, Minna

doi:10.3390/su10113845

Cited by 55 publications

(46 citation statements)

References 53 publications

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“…To identify each stakeholder, it is necessary to pay more attention to the pressure mechanisms of different stakeholders. Li, Xu, and Zheng [35] proposed a green governance framework. They divided the governance mechanism into an economic governance mechanism, an administrative governance mechanism, and a social governance mechanism.…”

Section: A Combination Of These Two Theoretical Perspectivesmentioning

confidence: 99%

Stakeholder Pressures and Corporate Environmental Strategies: A Meta-Analysis

Wang

2020

Sustainability

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Stakeholder pressures and corporate environmental strategies continue to be important topics of corporate sustainability. Limited by sample size, there is a lack of general conclusions on which groups of stakeholder pressures are the main drivers of environmental strategies. Amassing a database of 58 empirical studies, the authors divided stakeholder pressures into four groups—internal, coercive, market, and social pressure—and explored the relationship between different pressures and environmental strategies by conducting a meta-analysis. The main result shows that internal pressure is the main driver of environmental strategies. Further empirical results show that stakeholder pressures could have a larger effect on corporate environmental strategies in developed countries and that non-manufacturing firms could change their environmental strategies more easily than manufacturing firms. The results provide the practical implication that a green industry transition is strongly needed in the manufacturing industry, especially for polluting industries, and that firms in polluting industries should implement environmental strategy changes in the future. This paper contributes to clarifying the relationship between stakeholder pressures and corporate environmental strategies based on a meta-analysis.

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Section: A Combination Of These Two Theoretical Perspectivesmentioning

confidence: 99%

Stakeholder Pressures and Corporate Environmental Strategies: A Meta-Analysis

Wang

2020

Sustainability

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“…With the widespread concern for environmental protection and sustainable development, there is a global trend of transitioning to green economies. Recent research discussing this trend has used the term "green governance" and introduced sustainability and environmental protection concepts to economic development [1]. Green governance emphasizes the balance between economic growth and environmental protection [1][2][3].…”

Section: Introductionmentioning

confidence: 99%

“…Recent research discussing this trend has used the term "green governance" and introduced sustainability and environmental protection concepts to economic development [1]. Green governance emphasizes the balance between economic growth and environmental protection [1][2][3]. Governments around the world have increasingly recognized foreign direct investment (FDI) as an important driver of economic growth [4,5].…”

Section: Introductionmentioning

confidence: 99%

“…The two factors are especially likely to influence firms' IB strategies [11,12]. Moreover, these institutional incentives and limitations constitute the basis of governmental green governance policies [1]. However, the existing roughly categorized green governance contexts often confuse scholars and managers.…”

Section: Introductionmentioning

confidence: 99%

“…The green governance context is complex and commonly state-linked [1,21]. These governance contexts constitute and define an established order within which businesses operate.…”

Section: Introductionmentioning

confidence: 99%

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Green Governance and International Business Strategies of Emerging Economies’ Multinational Enterprises: A Multiple-Case Study of Chinese Firms in Pollution-Intensive Industries

et al. 2019

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With the global consensus on the need for sustainability practices, green governance has attracted increasing attention from international business (IB) scholars and multinational enterprise (MNE) managers. In this study, we propose a more fine-grained framework of the green governance context along two dimensions: foreign direct investment (FDI) policy and environmental regulation. Then, we examine the framework using cluster analysis. On the basis of a multiple-case study comprising 11 Chinese MNEs in pollution-intensive industries operating in four different green governance contexts, we conclude that (1) the green governance context is a significant factor in MNEs’ global location choices and is an important driving force behind MNEs’ response patterns; (2) environmental capabilities enable MNEs to surmount a host country’s environmental entry barrier and facilitate wider global business deployment; (3) technological capabilities increase MNEs’ competitive edge and allow them to better harness a host country’s growth opportunities; (4) there are four types of green governance response patterns, and the details of the proposed classification structure and its validation are presented; and (5) both strict environmental regulation and friendly FDI policy can positively influence MNEs’ adoption of more active response patterns, and greater availability of environmental and technological capabilities does not affect MNEs’ environmental commitment. This study contributes to the international strategy-capability-environment alignment of emerging economies’ multinational enterprises (EMNEs) in different green governance contexts.

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Do mutual fund networks affect corporate social responsibility? Evidence from China

Wang

2019

Corp Soc Responsibility Env

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The mutual fund plays an important role in corporate governance and corporate social responsibility. From the perspective of the social network, using data from A‐listed companies in China from 2009 to 2016, this paper empirically tests the influence of mutual fund networks on corporate social responsibility behaviours. To solve the sample selection bias in this study, we utilize propensity score matching to find the different social responsibility behaviours between firms with or without highly concentrated mutual funds. Our results suggest that mutual fund investors positively impact a firm's corporate social responsibility performance, as predicted. The fund network centrality and pressure mechanism have a positive impact on corporate social responsibility performance because they provide more peer pressure and network information to firms in which they are heavily invested. This paper provides new evidence on how mutual fund investors affect corporate social responsibility performance, which is meaningful to examine in corporate green governance.

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Green Governance: New Perspective from Open Innovation

Cited by 55 publications

References 53 publications

Stakeholder Pressures and Corporate Environmental Strategies: A Meta-Analysis

Stakeholder Pressures and Corporate Environmental Strategies: A Meta-Analysis

Green Governance and International Business Strategies of Emerging Economies’ Multinational Enterprises: A Multiple-Case Study of Chinese Firms in Pollution-Intensive Industries

Do mutual fund networks affect corporate social responsibility? Evidence from China

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