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Impact of Political Connections on Corporate Environmental Performance: From a Green Development Perspective

Author

Listed:
  • Liming Zhang

    (Business School, Sichuan University, Chengdu 610065, China)

  • Fei Ye

    (Business School, Sichuan University, Chengdu 610065, China)

  • Li Yang

    (Business School, Sichuan University, Chengdu 610065, China)

  • Guichuan Zhou

    (Business School, Sichuan University, Chengdu 610065, China)

Abstract
Employing a sample consisting of Chinese A-share listed companies, this study carries out an empirical research to investigate the influence path of political connections on enterprise environmental performance. The results show a strong positive association between political connections and corporate environmental performance, and green technology innovation plays the mediating role between them. In addition, public participation negatively moderates the relationship between political connections and corporate environmental performance. When the level of public participation is higher, the relationship between political connections and corporate environmental performance becomes weaker.

Suggested Citation

  • Liming Zhang & Fei Ye & Li Yang & Guichuan Zhou, 2019. "Impact of Political Connections on Corporate Environmental Performance: From a Green Development Perspective," Sustainability, MDPI, vol. 11(5), pages 1-17, March.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:5:p:1317-:d:210460
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    5. Yu-Hong Ai & Di-Yun Peng & Huan-Huan Xiong, 2021. "Impact of Environmental Regulation Intensity on Green Technology Innovation: From the Perspective of Political and Business Connections," Sustainability, MDPI, vol. 13(9), pages 1-23, April.
    6. Yu Zhang & Yajuan Wang, 2022. "Do Managerial Ties Help or Hinder Corporate Green Innovation? The Moderating Roles of Contextual Factors," IJERPH, MDPI, vol. 19(7), pages 1-19, March.
    7. Hongyu Long & Hongyong Liu & Xingwei Li & Longjun Chen, 2020. "An Evolutionary Game Theory Study for Construction and Demolition Waste Recycling Considering Green Development Performance under the Chinese Government’s Reward–Penalty Mechanism," IJERPH, MDPI, vol. 17(17), pages 1-21, August.
    8. Zeni, Federica, 2019. "Climate Regulation and Emissions Abatement: Theory and Evidence from Firms’ Disclosures," CEPR Discussion Papers 14155, C.E.P.R. Discussion Papers.

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