Pay to be green? The effect of corporate social responsibility contracting on green innovation performance

Hou, Yuting; Bello Pintado, Alejandro; García Marco, María Teresa

Publication:
Pay to be green? The effect of corporate social responsibility contracting on green innovation performance

dc.contributor.author	Hou, Yuting
dc.contributor.author	Bello Pintado, Alejandro
dc.contributor.author	García Marco, María Teresa
dc.contributor.department	Institute for Advanced Research in Business and Economics - INARBE	en
dc.date.accessioned	2023-09-12T17:58:16Z
dc.date.available	2023-09-12T17:58:16Z
dc.date.issued	2023
dc.date.updated	2023-09-12T17:27:38Z
dc.description.abstract	This study examines how the integration of corporate social responsibility (CSR) criteria in executive compensation can improve green innovation performance in European countries. Using agency theory and stakeholder theory, and a database of 5,603 firm-year observations from European companies in the period 2012–2021, we find that CSR aligns the interests of senior executives with the company’s green innovation goals through green compensation contracts. We also explore the indirect effect in this relationship and reveal that the implementation of green practices mediates the impact of CSR contracting on green innovation performance. These findings indicate that CSR contracting as an effective governance mechanism could be strengthened by green practices, such as reducing resource use, water efficiency, energy reuse, emission reduction and pollution prevention. This study offers valuable insights for senior executives and policymakers who wish to manage CSR initiatives and green practices to improve their green innovation performance.	en
dc.description.sponsorship	The authors gratefully acknowledge the funding received through the PID2020-115018RB-C31 and PID2019-105001GB-I00 (AEI/FEDER, UE) research projects financed by the Spanish Ministry of Science, Innovation and Universities and the European Regional Development Funds.	en
dc.format.mimetype	application/pdf	en
dc.identifier.citation	Hou, Y., Bello-Pintado, A., & García-Marco, T. (2023). Pay to be green? The effect of corporate social responsibility contracting on green innovation performance. BRQ Business Research Quarterly, 23409444231189825. https://doi.org/10.1177/23409444231189825	en
dc.identifier.doi	10.1177/23409444231189825
dc.identifier.issn	2340-9436
dc.identifier.uri	https://academica-e.unavarra.es/handle/2454/46326
dc.language.iso	eng	en
dc.publisher	SAGE	en
dc.relation.ispartof	BRQ Business Research Quarterly, 2023	en
dc.relation.projectID	info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PID2020-115018RB-C31/ES/	en
dc.relation.projectID	info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PID2019-105001GB-I00/ES/	en
dc.relation.publisherversion	https://doi.org/10.1177/23409444231189825
dc.rights	© The Author(s) 2023. his article is distributed under the terms of the Creative Commons Attribution-NonCommercial 4.0 License, which permits non-commercial use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access page (https://uk.sagepub.com/aboutus/openaccess.htm)	en
dc.rights.accessRights	info:eu-repo/semantics/openAccess
dc.rights.uri	http://creativecommons.org/licenses/by-nc/4.0/
dc.subject	Corporate social responsibility	en
dc.subject	Green executive compensation	en
dc.subject	Green innovation performance	en
dc.subject	Green practices	en
dc.subject	Parallel multiple mediator model	en
dc.title	Pay to be green? The effect of corporate social responsibility contracting on green innovation performance	en
dc.type	info:eu-repo/semantics/article
dc.type.version	Versión publicada / Argitaratu den bertsioa	es
dc.type.version	info:eu-repo/semantics/publishedVersion	en
dspace.entity.type	Publication
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