CSSCI来源集刊 | AMI核心集刊 | FMS入选集刊 主管:武汉大学 主办:武汉大学经济与管理学院
摘要
企业绩优能实现绿色创新“增量提质”吗?
Does Firms with Good Performance Improve the Quantity and Quality of Green Innovation?
郑丽 (青岛大学商学院)
秦丽斐 (青岛大学商学院)

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摘要:绿色创新是企业实现可持续发展的重要途径,相较于绩劣企业,绩优企业更具资源优势和抗风险能力,是否会追求高质量绿色创新?本文以2007—2023年制造业上市企业为样本,基于企业行为理论考察企业绩优对绿色创新的影响发现:企业在绩效顺差时提高绿色创新数量,降低绿色创新质量,即“增量降质”。从合法性角度分析影响绩优企业绿色创新的情境机制发现,环境规制加剧了绩优企业绿色创新“增量降质”;同行企业绿色创新数量和质量同步影响绩优企业对数量和质量的选择;公众环境关注度促进绩优企业绿色创新“增量”的同时抑制“降质”。机制分析发现:企业绩效顺差通过激发管理者短视增加绿色创新数量,降低管理者风险承担意愿从而抑制绿色创新质量。异质性研究发现:政府环保补助加剧了绩优企业绿色创新“增量降质”,同行企业碳信息披露质量和管理者环境关注度促进绩优企业绿色创新“增量”的同时抑制“降质”。研究通过揭示绩优企业绿色创新的内在动机和影响机制,为各利益相关者规范企业绿色行为、激发企业创新活力提供参考。

关键词:绩效顺差 绿色创新 合法性 增量降质

Abstract: Green innovation is an important way for firms to achieve sustainable development. Compared with firms with negative performance feedback, will firms with positive performance feedback pursue high-quality green innovation as they have more resource advantages and risk resistance? This paper explores the relationship of positive performance feedback and green innovation based on the behavior theory of the firm with a sample of listed firms in the manufacturing industry from 2007 to 2023. The study finds that: positive performance feedback had a significant positive effect on green innovation quantity and a significant negative effect on green innovation quality, i.e., “increase in quantity and decrease in quality”. Environmental regulations aggravate the firm's tendency of “increase in quantity and decrease in quality” under positive performance feedback. The green innovation quantity and quality of peer firms affect the quantity and quality choices synchronously. Public environmental concern aggravate the firm's tendency of “increase in quantity”, while restrain the firm's tendency of “decrease in quality”. The mechanism of influence is found: when a firm's performance is above its aspiration level, they increases the quantity of green innovation by stimulating managerial myopia, and suppresses the quality of green innovation by decreasing managerial risk-taking willingness. Heterogeneity research reveals that: government environmental protection subsidies aggravate the firm's tendency of “increase in quantity and decrease in quality” under positive performance feedback. The quality of carbon disclosure by peer firms, and the degree of managers' environmental concern aggravate the firm's tendency of “increase in quantity”, while restrain the firm's tendency of “decrease in quantity”. The study reveals the intrinsic motivation and influence mechanism of green innovation when a firm's performance is above its aspiration level, and provides a reference for all stakeholders to regulate green behavior and stimulate the vitality of corporate innovation.

keywords:Positive performance feedback ; Green innovation ; Legitimacy ; Increase in quantity and decrease in quality

通讯作者:秦丽斐, E-mail: Qlfeirome@163.com
引用本文:郑丽, 秦丽斐. 企业绩优能实现绿色创新“增量提质”吗?[J]. 珞珈管理评论, 2025, 61(4): 102-128.
链接本文:http://jmr.whu.edu.cn/article.php?id=165
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