Entrepreneurs’ Spirit and Corporate Green Development: The Mediating Role of New-Quality Productivity

Author:

Ma Yingchao1

Affiliation:

1. School of Economics, Wuhan University of Technology, Wuhan 430070, China

Abstract

As a fundamental unit of sustainable economic development, corporate green development is significantly influenced by entrepreneurs’ spirit and new-quality productivity. Therefore, it is crucial to explore the intrinsic connections among entrepreneurs’ spirit, new-quality productivity, and corporate green development. This study leverages data from 17,079 A-share manufacturing companies from 2012 to 2022. It employs a dual-dimensional fixed-effects model to investigate the mechanisms, pathways, and effects of entrepreneurs’ spirit on corporate green development, with new-quality productivity serving as a mediating variable. The findings reveal that (1) stability tests using the IV method and Heckman’s two-step method indicate that entrepreneurs’ spirit significantly promotes corporate green development; (2) mediation-effect tests show that new-quality productivity partially mediates the relationship between entrepreneurs’ spirit and corporate green development; and (3) heterogeneity-effect tests demonstrate that the promoting effect of entrepreneurs’ spirit on corporate green development is more pronounced in large enterprises compared to small- and medium-sized enterprises, in eastern enterprises compared to those in central and western regions, and in less competitive enterprises compared to more competitive ones. These conclusions not only enrich the research on corporate green development but also aid in the formulation of corporate-green-development strategies, thereby contributing to sustainable economic development.

Publisher

MDPI AG

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3