Are female CEOs greener? Female CEOs and green innovation: The role of their political embeddedness

Author:

Tang Fei1,Li Dayuan2

Affiliation:

1. School of Management Guizhou University Guiyang Guizhou P.R. China

2. School of Business Central South University Changsha Hunan P.R. China

Abstract

AbstractAre female CEOs greener? Few studies have explicitly scrutinised the roles of female CEOs and their political embeddedness in green innovation. In the present work, the influence of female CEOs on green innovation is first examined. Then, the effect of politically embedded female CEOs on green innovation is explored by differentiating female CEOs as those who are and who are not politically embedded, respectively. Furthermore, the moderating effects of external environmental factors on this relationship, namely market competition and market development, are investigated. Using data on China's publicly operated firms from 2008 to 2017, the findings suggest the following: (1) female CEOs negatively affect green innovation; (2) politically embedded female CEOs positively affect green innovation; (3) the positive influence of politically embedded female CEOs on green innovation is strengthened when firms are situated in less competitive industries and more developed markets. This article extends the research and current knowledge base about female CEOs, political embeddedness, and green innovation.

Funder

National Natural Science Foundation of China

Publisher

Wiley

Subject

Management, Monitoring, Policy and Law,Organizational Behavior and Human Resource Management,Economics and Econometrics,Philosophy,Business and International Management

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