Executives' overseas experience contribute to corporate green transformation?Micro evidence from Chinese A-share listed companies
CHEN Minrong
ZHAO Gongmin
WU Yongjie
YAN Zhipeng
Abstract:In the context of pursuing a green and low-carbon development path and building a circular economy,accelerating the green transformation of the development mode has become a notable feature of sustainable development.Using data from Chinese A-share listed companies from 2012-2023,the question of whether executives' overseas experience can contribute to corporate greening transformation was explored.The results indicate that executives' overseas experience is conducive to facilitating corporate greening transition,a finding that remains valid after endogeneity and robustness tests.At the same time,executives' overseas experience can promote corporate greening transformation by promoting green technology innovation and R & D investment expansion.Further research found that executives' overseas experience in more male executives,SOEs,eastern regions,non-manufacturing industries,heavily polluting industries,and labor-intensive firms contributes more significantly to corporate greening transformation.In addition,the facilitating effect of executives' overseas experience on corporate greening transformation effectively contributes to corporate high-quality development.The perspective of corporate executives' overseas experience deepens the application and expansion of green transformation,enriches the research content of executive characteristics and corporate behavior,and provides micro-level empirical support for promoting the implementation of green development strategies.
Keywords:executives' overseas experiencereturnee executivecorporate greening transformationgreen technology innovationR &D investment expansion
Publication Date:2025-09-28
Online Publishing Date:2025-11-05(First online date of this platform, not the publication date of the document)
Pages:12( 120-131 )
Coal Economic Research

Coal Economic Research

ISTICAMI
ISSN:1002-9605
Year, Vol.(Issue):2025,45(9)