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1 – 2 of 2Muhammad Jameel Hussain, Dongfang Nie and Adnan Ashraf
Foreign directors from developed nations are significant brain gains for Chinese firms because they improve board competency and board diversity. Therefore, the purpose of this…
Abstract
Purpose
Foreign directors from developed nations are significant brain gains for Chinese firms because they improve board competency and board diversity. Therefore, the purpose of this study is to explore the relationship between foreign directors from developed countries on Chinese listed firms and firms’ green commitment.
Design/methodology/approach
For the empirical analysis, first, this study applies ordinary least square regression and firm fixed model to explore the relationship between foreign directors and green commitment. For the endogeneity concerns, this study first added more control variable in the main model, then applied instrumental variable approach and propensity score matching technique.
Findings
This study predicts and finds that percentage of foreign directors from developed countries on Chinese listed firms’ board positively enhances the firms’ green commitment. Furthermore, this study also finds that the positive relationship between foreign directors and firms’ green commitment is more significant when firms are in a low competitive industry, have no financial constraints and are overseas-listed. This study’s findings are robust after controlling for endogeneity concerns.
Originality/value
This is new research on the impact of foreign directors on corporate green commitment.
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Keywords
Yongzhong Jiang, Ying Guo, Xixi He and Xueli Chen
Intellectual capital is an essential intangible resource for enterprises, and different combinations of intellectual and environmental elements will produce different innovation…
Abstract
Purpose
Intellectual capital is an essential intangible resource for enterprises, and different combinations of intellectual and environmental elements will produce different innovation effects. This study aims to analyze the effects of different matching combinations of intellectual capital elements and environmental uncertainty elements of firms on improving ambidextrous innovation (exploratory innovation and exploitative innovation).
Design/methodology/approach
Based on data from 161 listed companies in China, we employ a fuzzy set qualitative comparative analysis (fsQCA) to identify the paths that effectively promote ambidextrous innovation in enterprises.
Findings
Through group analysis, we derived five realization paths of exploratory innovation and five of exploitative innovation respectively. We further find that among these innovation realization paths, human capital plays a more prominent role in facilitating exploitative innovation, while relational capital plays a more important role in realizing exploratory innovation.
Originality/value
This research not only significantly contributes to the theory of ambidextrous innovation, but also helps firms identify the multiple paths of realization that trigger high-exploratory and exploitative innovation, avoiding unnecessary waste caused by resource mismatch, and providing valuable insights for firms seeking to adopt an ambidextrous innovation strategy effectively.
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