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  1. How Officials’ Political Incentives Influence Corporate Green Innovation.Shenggang Ren, Donghua Liu & Ji Yan - 2024 - Journal of Business Ethics 194 (3):633-653.
    Drawing on tournament theory, we argue that when environmental goals are incorporated into the cadre evaluation system, compared to officials who are close to retirement (i.e., retiring officials), non-retiring officials may exert more effort to foster risky green innovation. Based on a sample of publicly traded firms from heavily polluting industries in China between 2008 and 2016, we hypothesize and find that confronted with severe environmental pollution, firms in provinces with non-retiring governors have higher green innovation performance than those in (...)
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