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Research On The Impact Of Technical Director Interlocks On Environmental Performance Of Listed Companies

Posted on:2020-03-22Degree:MasterType:Thesis
Country:ChinaCandidate:M F LuFull Text:PDF
GTID:2439330620950763Subject:Accounting
Abstract/Summary:PDF Full Text Request
Nowadays,environmental issues are becoming more and more prominent.Directors,as the helm of the company’s internal governance,play a vital role in corporate environmental performance.Does a director with multiple backgrounds such as technical background and social network relationship have an impact on corporate environmental performance?This paper firstly reviews the current research situation of domestic and foreign experts and scholars on the research of environmental performance of chain directors and technical background directors.Then,how the directors who have the dual background relationship between the technical background and the network relationship can use their own advantages and conditions to influence the environmental performance of the enterprise by acting on corporate governance.Based on the theory of resource dependence theory,reputation theory and inter-organizational imitation theory,this paper is based on the sample data of China’s Shanghai and Shenzhen A-share listed companies from 2014 to 2016.The impact of performance and the role of technological innovation in regulating the relationship between technical chain directors and environmental perfor mance.The empirical analysis draws the following conclusions: First,there is no obvious relationship between technical chain executive directors and corporate environmental performance;secondly,technical chain independent directors have a positive corr elation with corporate environmental performance;third,after distinguishing the nature of equity,Among state-owned enterprises,technical chain independent directors have a significant negative correlation with corporate environmental performance.Fourt h,technological innovation has reduced the positive relationship between technical chain independent directors on environmental performance.Fifth,in state-owned enterprises,technological innovation has not It has an impact on the relationship between technical chain independent directors and environmental performance.According to the conclusions of this paper,it can not only provide experience and reference for enterprises to improve environmental performance and arrange independent directors,but also manage the company’s environmental performance,improve the board mechanism and reduce the marginal cost of environmental protection investment.Suggestions,as well as providing reference for the government departments to improve the independent director system and strengthen the supervision and governance effect of independent directors.
Keywords/Search Tags:Director Interlocks, Technical Independent Director Interlocks, Social Network, Technological Innovation, Corporate Environmental Performance
PDF Full Text Request
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