Management myopia and green investment: Evidence from China-Reference-Cited by-同舟云学术

Management myopia and green investment: Evidence from China

Published:2024-07-22 Issue: Volume: Page:
ISSN:0143-6570
Container-title:Managerial and Decision Economics
language:en
Short-container-title:Manage Decis Econ

Author:

Jin Meilin¹,Li Xinyao²,Liu Bei³⁴^ORCID,Li Jincheng⁵^ORCID

Affiliation:

1. Institute of Food and Strategic Reserves Nanjing University of Finance and Economics Nanjing China

2. School of Theater, Film and Television Communication University of China Beijing China

3. School of Management Nanjing University of Posts and Telecommunications Nanjing China

4. School of Digital Economy and Management Nanjing University Suzhou China

5. School of Economics Jilin University Changchun China

Abstract

AbstractThis paper examines the impact of management myopia on the investment behavior of green investors using A‐share listed companies from 2004 to 2020 in China. The research reveals that management myopia significantly inhibits the investment behavior of green investors. Through corporate reputation and the development of green technologies, management myopia affects the investment intentions of green investors. Environmental project subsidies do not mitigate the negative impact of management myopia on green investment intentions. Interestingly, compared to environmentally friendly projects categorized under “profit‐related” and “reward” headings, subsidies in the form of environmental project grants exacerbate the inhibitory effect of management myopia on green investment.

Publisher

Wiley

Link

https://onlinelibrary.wiley.com/doi/pdf/10.1002/mde.4317

Reference66 articles.

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