The government-business relationship and eco-innovation: evidence from chinese automobile industry-Reference-Cited by-同舟云学术

The government-business relationship and eco-innovation: evidence from chinese automobile industry

Published:2021-12-01 Issue:4 Volume:28 Page:541-561
ISSN:2084-4549
Container-title:Ecological Chemistry and Engineering S
language:en
Short-container-title:

Author:

Gao Yu¹,Teng Zhuoqi²,Cai Yan³,Dong Xiaotian¹

Affiliation:

1. School of Business , Qingdao University , Qingdao , China

2. College of Business Administration , Henan Finance University , Zhengzhou , China

3. Department of International Economics and Trade, College of Commerce , Hebei University of Economics and Business , Shijiazhuang , China

Abstract

Abstract This study used 2017-2019 Chinese A-share-listed automobile manufacturing companies as research samples to analyse the impact of the government-business relationship on eco-innovation. We found that a healthy government-business relationship had a positive impact on enterprise eco-innovation. The mediating effects test verified that a healthy government-business relationship affected enterprise eco-innovation through financing constraints. In addition, managerial ownership significantly increased the positive impact of a healthy government-business relationship on enterprise eco-innovation. We also found that a healthy government-business relationship had a more substantial impact on enterprise eco-innovation in non-state-owned enterprises when considering corporate property rights. The study results provide empirical evidence for the influence of the government-business relationship on enterprise eco-innovation and deepen our understanding of eco-innovation in China’s automobile manufacturing industry.

Publisher

Walter de Gruyter GmbH

Subject

General Chemical Engineering

Link

https://www.sciendo.com/pdf/10.2478/eces-2021-0036

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