Research on the Impact of Executives' Green Cognition, Green Innovation and Corporate ESG Performance
Abstract
This paper selects Shenzhen and Shanghai A-share listed companies from 2009 to 2023 as sample data to study the impact of executives' green cognition EGP on corporate ESG performance. The study found that executives' green cognition EGP and corporate ESG performance showed a significant positive correlation, that is, executives' green cognition can significantly promote the improvement of corporate ESG performance, and the results still hold after a series of stability tests; green innovation plays a mediating role in the process of executives' green cognition promoting the improvement of corporate ESG performance, that is, executives' green cognition can promote companies to carry out green innovation, and then green innovation greatly improves the company's ESG performance; further research found that the impact of executives' green cognition on corporate ESG performance varies in different situations, specifically, executives with financial backgrounds and low-paid executives have a more obvious promotion of corporate ESG performance.
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PDFDOI: https://doi.org/10.22158/se.v10n1p46
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