541
Views
4
CrossRef citations to date
0
Altmetric
Articles

Chasing the light or chasing the dark? top managers’ political ties and corporate proactive environmental strategy

, ORCID Icon, &
Pages 1341-1354 | Received 22 Apr 2021, Accepted 04 Nov 2021, Published online: 18 Nov 2021

References

  • Aguilera-Caracuel, J., N. E. Hurtado-Torres, and J. Aragón-Correa. 2012. “Does International Experience Help Firms to be Green? A Knowledge-Based View of how International Experience and Organisational Learning Influence Proactive Environmental Strategies.” International Business Review 21 (5): 847–861.
  • Anderson, J. C., and D. W. Gerbing. 1988. “Structural Equation Modeling in Practice: A Review and Recommended two-Step Approach.” Psychological Bulletin 103 (3): 411–423.
  • Aragón-Correa, J. A., and E. A. Rubio-López. 2007. “Proactive Corporate Environmental Strategies: Myths and Misunderstandings.” Long Range Planning 40 (3): 357–381.
  • Buysse, K., and A. Verbeke. 2003. “Proactive Environmental Strategies: A Stakeholder Management Perspective.” Strategic Management Journal 24 (5): 453–470.
  • Chen, C. R., Y. Li, D. Luo, and T. Zhang. 2017. “Helping Hands or Grabbing Hands? An Analysis of Political Connections and Firm Value.” Journal of Banking & Finance 80: 71–89.
  • Darnall, N., I. Henriques, and P. Sadorsky. 2010. “Adopting Proactive Environmental Strategy: the Influence of Stakeholders and Firm Size.” Journal of Management Studies 47 (6): 1072–1094.
  • Faccio, M. 2006. “Politically Connected Firms.” American Economic Review 96 (1): 369–386.
  • Farashahi, M., and T. Hafsi. 2009. “Strategy of Firms in Unstable Institutional Environments.” Asia Pacific Journal of Management 26 (4): 643–666.
  • Fornell, C., and D. F. Larcker. 1981. “Evaluating Structural Equation Models with Unobservable Variables and Measurement Error.” Journal of Marketing Research 18 (1): 39–50.
  • Gadenne, D. L., J. Kennedy, and C. McKeiver. 2009. “An Empirical Study of Environmental Awareness and Practices in SMEs.” Journal of Business Ethics 84 (1): 45–63.
  • Gilsing, V. A., and G. M. Duysters. 2008. “Understanding Novelty Creation in Exploration Networks - Structural and Relational Embeddedness Jointly Considered.” Technovation 28 (10): 693–708.
  • Goldman, E., J. Rocholl, and J. So. 2009. “Do Politically Connected Boards Affect Firm Value?” The Review of Financial Studies 22 (6): 2331–2360.
  • Gonzalez, J. D., and V. Barba-Sanchez. 2020. “The Mediating Effect of Environmental Proactivity on the Influence of Stakeholder Pressure and Environmental Strategy of Wineries in Spain.” International Journal of Environmental Research 14 (6): 771–783.
  • Hillman, A. J., G. D. Keim, and D. Schuler. 2004. “Corporate Political Activity: A Review and Research Agenda.” Journal of Management 30 (6): 837–857.
  • Jenkins, H. 2009. “A ‘Business Opportunity’model of Corporate Social Responsibility for Small-and Medium-Sized Enterprises.” Business Ethics: A European Review 18 (1): 21–36.
  • Klewitz, J., and E. G. Hansen. 2014. “Sustainability-oriented Innovation of SMEs: a Systematic Review.” Journal of Cleaner Production 65: 57–75.
  • Kollmuss, A., and J. Agyeman. 2002. “Mind the gap: Why do People act Environmentally and What are the Barriers to pro-Environmental Behavior?” Environmental Education Research 8 (3): 239–260.
  • Kumar, A., and J. P. Paraskevas. 2018. “A Proactive Environmental Strategy: Analyzing the Effect of SCM Experience, age, and Female Representation in TMTs.” Journal of Supply Chain Management 54 (4): 20–41.
  • Lee, K., and M.-S. Ho. 2014. “The Maoming Anti-PX Protest of 2014. An Environmental Movement in Contemporary China.” China Perspectives 2014 (2014/3): 33–39.
  • Lester, R. H., A. Hillman, A. Zardkoohi, and A. A. Cannella Jr. 2008. “Former Government Officials as Outside Directors: The Role of Human and Social Capital.” Academy of Management Journal 51 (5): 999–1013.
  • Li, J. J., L. Poppo, and K. Z. Zhou. 2008. “Do Managerial Ties in China Always Produce Value? Competition, Uncertainty, and Domestic vs. Foreign Firms.” Strategic Management Journal 29 (4): 383–400.
  • Li, S., X. Song, and H. Wu. 2015. “Political Connection, Ownership Structure, and Corporate Philanthropy in China: A Strategic-Political Perspective.” Journal of Business Ethics 129 (2): 399–411.
  • Liao, Z. J., C. Weng, S. Y. Long, and Z. R. Xiao. 2021. “Do Social Ties Foster Firms’ Environmental Innovation? The Moderating Effect of Resource Bricolage.” Technology Analysis & Strategic Management 33 (5): 476–490.
  • Lin, K. J., J. Tan, L. Zhao, and K. Karim. 2015. “In the Name of Charity: Political Connections and Strategic Corporate Social Responsibility in a Transition Economy.” Journal of Corporate Finance 32: 327–346.
  • Lioui, A., and Z. Sharma. 2012. “Environmental Corporate Social Responsibility and Financial Performance: Disentangling Direct and Indirect Effects.” Ecological Economics 78: 100–111.
  • Liu, Y., J. Guo, and N. Chi. 2015. “The Antecedents and Performance Consequences of Proactive Environmental Strategy: A Meta-Analytic Review of National Contingency.” Management and Organization Review 11 (3): 521–557.
  • Liu, Z., X. Li, X. Peng, and S. Lee. 2020. “Green or Nongreen Innovation? Different Strategic Preferences among Subsidized Enterprises with Different Ownership Types.” Journal of Cleaner Production 245. doi:10.1016/j.jclepro.2019.118786.
  • Luo, Y. 2008. “The Changing Chinese Culture and Business Behavior: The Perspective of Intertwinement Between Guanxi and Corruption.” International Business Review 17 (2): 188–193.
  • Ma, D., and W. L. Parish. 2006. “Tocquevillian Moments: Charitable Contributions by Chinese Private Entrepreneurs.” Social Forces 85 (2): 943–964.
  • Mak, A. H. N., and R. C. Y. Chang. 2019. “The Driving and Restraining Forces for Environmental Strategy Adoption in the Hotel Industry: A Force Field Analysis Approach.” Tourism Management 73: 48–60.
  • Peng, X., and Y. Liu. 2016. “Behind eco-Innovation: Managerial Environmental Awareness and External Resource Acquisition.” Journal of Cleaner Production 139: 347–360.
  • Peng, M. W., and Y. Luo. 2000. “Managerial Ties and Firm Performance in a Transition Economy: The Nature of a Micro-Macro Link.” Academy of Management Journal 43 (3): 486–501.
  • Puffer, S. M., D. J. McCarthy, and M. Boisot. 2010. “Entrepreneurship in Russia and China: The Impact of Formal Institutional Voids.” Entrepreneurship Theory and Practice 34 (3): 441–467.
  • Qian, W., and X. Chen. 2021. “Corporate Environmental Disclosure and Political Connection in Regulatory and Leadership Changes: The Case of China.” The British Accounting Review 53 (1): 100935.
  • Seroka-Stolka, O., and K. Fijorek. 2020. “Enhancing Corporate Sustainable Development: Proactive Environmental Strategy, Stakeholder Pressure and the Moderating Effect of Firm Size.” Business Strategy and the Environment 29 (6): 2338–2354.
  • Sheng, S., K. Z. Zhou, and J. J. Li. 2011. “The Effects of Business and Political Ties on Firm Performance: Evidence from China.” Journal of Marketing 75 (1): 1–15.
  • Shi, W., L. Markoczy, and C. V. Stan. 2013. “The Continuing Importance of Political Ties in China.” Academy of Management Executive 28 (1): 57–75.
  • Sun, P., K. Mellahi, and M. Wright. 2012. “The Contingent Value of Corporate Political Ties.” Academy of Management Perspectives 26 (3): 68–82.
  • Wagner, M., and S. Schaltegger. 2004. “The Effect of Corporate Environmental Strategy Choice and Environmental Performance on Competitiveness and Economic Performance:: an Empirical Study of EU Manufacturing.” European Management Journal 22 (5): 557–572.
  • Wang, H., C. Fan, and S. Chen. 2021. “The Impact of Campaign-Style Enforcement on Corporate Environmental Action: Evidence from China’s Central Environmental Protection Inspection.” Journal of Cleaner Production 290. doi:10.1016/j.jclepro.2021.125881.
  • Wang, G., X. Jiang, C.-H. Yuan, and Y.-Q. Yi. 2013. “Managerial Ties and Firm Performance in an Emerging Economy: Tests of the Mediating and Moderating Effects.” Asia Pacific Journal of Management 30 (2): 537–559.
  • Wang, W., X. Sun, and M. Zhang. 2021. “Does the Central Environmental Inspection Effectively Improve air Pollution?-An Empirical Study of 290 Prefecture-Level Cities in China.” Journal of Environmental Management 286. doi:10.1016/j.jenvman.2021.112274.
  • Wang, H., G. Yang, X. Ouyang, and J. Qin. 2021. “Does Central Environmental Inspection Improves Enterprise Total Factor Productivity? The Mediating Effect of Management Efficiency and Technological Innovation.” Environmental Science and Pollution Research 28 (17): 21950–21963.
  • Xie, J., W. Nozawa, and S. Managi. 2020. “The Role of Women on Boards in Corporate Environmental Strategy and Financial Performance: A Global Outlook.” Corporate Social Responsibility and Environmental Management 27 (5): 2044–2059.
  • Yu, X., and Y. Zheng. 2019. “The Value of Political Ties for Firms Experiencing Enforcement Actions: Evidence from China.” The British Accounting Review 51 (1): 24–45.
  • Zhang, C. 2017. “Political Connections and Corporate Environmental Responsibility: Adopting or Escaping?” Energy Economics 68: 539–547.
  • Zhang, L., and Y. An. 2018. “The Government Capacity on Industrial Pollution Management in Shanxi Province: A Response Impulse Analysis.” Journal of Environmental Management 223: 1037–1046.
  • Zhou, W. 2013. “Political Connections and Entrepreneurial Investment: Evidence from China's Transition Economy.” Journal of Business Venturing 28 (2): 299–315.
  • Zhu, H., and C.-N. Chung. 2014. “Portfolios of Political Ties and Business Group Strategy in Emerging Economies: Evidence from Taiwan.” Administrative Science Quarterly 59 (4): 599–638.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.