How Shareholders' Right of Speech Affects the Performance of Green Innovation--Big Data Practice Based on R Language Brucer Package

Abstract

Objective: In the internal governance of enterprises, the impact of shareholders' voice on the performance of green innovation is worth empirical research. Process: This paper takes a large number of data of listed companies from 2010 to 2020 as the research object, uses 28940 data, uses R studio environment to build a time fixed effect model, and uses OLS and other methods to the relationship between shareholder voice and corporate green innovation performance. Conclusion: The improvement of shareholders' discourse power is not conducive to improving the green innovation output performance of enterprises; Shareholders' discourse power affects the green innovation performance of enterprises through its role in enterprise growth. The growth of enterprises is conducive to improving the green innovation performance of enterprises. After a series of robustness tests, the conclusion is still valid.