The Environmental Background of Senior Executives, Green Investors and Corporate Environmental Performance

Zikun Liu

doi:10.54254/2754-1169/2025.21950

Research Article

Open access

Published on 10 April 2025

Download pdf

Liu,Z. (2025). The Environmental Background of Senior Executives, Green Investors and Corporate Environmental Performance. Advances in Economics, Management and Political Sciences,173,82-90.

Export citation

The Environmental Background of Senior Executives, Green Investors and Corporate Environmental Performance

Zikun Liu *^,1,

¹ Jiangxi University of Science and Technology

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/2025.21950

Abstract

Using data from listed companies in China's A-share market from 2014 to 2023, this paper examines the influence of senior management with an environmental background on corporate environmental performance, considering green investors as a mediating factor. The research shows that senior management with environmental backgrounds significantly and positively enhances corporate environmental performance, specifically manifested in the company's environmental philosophy, environmental target setting and environmental management systems. Furthermore, green investors play a crucial mediating role between the environmental background of senior management and corporate environmental performance, suggesting that the environmental expertise of senior management further enhances corporate environmental performance by attracting green investors. The study also finds that this positive effect is particularly pronounced in non-state owned firms and non-polluting industries. Finally, the paper suggests strategies such as strengthening cooperation with the green investment community and promoting technological innovation in environmental protection to continuously improve corporate environmental performance.

Keywords

Executive environmental background, enterprise environmental performance, green investors, sustainable development

View pdf

References

[1]. Zhang Chuanbing, Zhao Yiting, Xiao Tingting. The influence of the digital transformation of enterprise environmental performance study [J]. Journal of statistics and information BBS, 2025, 40 (01) : 92-105. The DOI: 10.20207 / j.carol carroll nki. 1007-3116.20241212.001.

[2]. Yu Lianchao, Mo Bin, Ji Peinan. Environmental officials long-distance communication research on the influence of enterprise environmental performance [J/OL]. Journal of management, 1-10 [2025-02-11]. https://http-kns_cnki_net.jxust.opac.vip/kcms/detail/42.1725.c.20241029 . 1145.002 HTML.

[3]. Sun Hui, Dou Yongfang, Zhang Lingfu. Can CEO Green Experience Improve Corporate Environmental Performance? [J]. Ecological Economics, 2019, 40(09):143-152+168. (in Chinese)

[4]. Zhang Zoming, Wang Chao, Jiang Boyun, et al. Executive environmental attention and corporate ESG performance: Based on empirical evidence of Chinese A-share listed companies [J/OL]. Soft science, 1-14 [2025-02-11]. HTTP: / / https://http-kns_cnki_net.jxust.opac.vip/kcms/detail/51.1268.G3.20241223.1318.012.html.

[5]. xiao-cheng lu. Ecological civilization under the perspective of enterprise morality mechanism of low carbon construction [J]. Journal of theoretical issue, 2017, (5) : 5-9. DOI: 10.14180 / j.carol carroll nki. 1004-0544.2017.05.001.

[6]. Lu Jian Ci, Jiang Guang Province. Can CEO green Experience Promote corporate green Innovation? [J]. Journal of economic management, 2022, 44 (02) : 106-121. The DOI: 10.19616 / j.carol carroll nki. BMJ. 2022.02.007.

[7]. Liang Xiangling, Ma Yanhong, Shi Tingxuan, et al. New quality productivity enables high quality development of school physical education: Connotation, characteristics, logic and realization path [J/OL]. Journal of shenyang sports college, 1-9 [2025-02-11]. https://http-kns_cnki_net.jxust.opac.vip/kcms/detail/21.1081.G8.20250115.1653.008.html.

[8]. QuYuXiao. Pratt &whitney financial impact on corporate environmental performance [J]. Journal of statistics and decision, 2023, 33 (20) 6:184-188. The DOI: 10.13546 / j.carol carroll nki tjyjc. 2023.20.034.

[9]. Green investors and corporate green innovation: Based on the attention perspective of institutional investors [J/OL]. International financial research, 2025 (02) : 85-96 [2025-02-11]. https://doi_org.jxust.opac.vip/10.16475/j.cnki.1006-1029.2025.02.008.

[10]. Teng Anzheng, Li Jinsheng. ESG performance can reduce the risk of enterprise green transition? [J]. Journal of finance and economy, 2024, (3) : 12 to 24. DOI: 10.19622 / j.carol carroll nki cn36-1005 / f 2024.03.002.

[11]. Wang Jiaxin. The Influence of CEO power on corporate strategic change: The moderating effect of environmental uncertainty and property rights [J]. Accounting communications, 2019, (9) : 45 to 50. DOI: 10.16144 / j.carol carroll nki issn1002-8072.2019.09.009.

[12]. Wang Bo, Yue Sijia. Research on incentive constraint guarantee mechanism of green finance in China [J]. Southwest Finance, 2020, (10):79-87.

[13]. Zhou Xuefeng, Wang Daiying, Zhang Jing. Digital transformation, green innovation sustainability and Enterprise ESG performance [J]. Friends of Accounting, 2025, (03):100-109.

[14]. Wei Yuanying, Hu Chuan. Research on the relationship between environmental policy, corporate Social responsibility and corporate performance: Based on the empirical analysis of environmental violators in heavily polluting industries [J]. Journal of East China University of Science and Technology (Social Science Edition), 201, 36(03):125-133.

[15]. Chen Shouzhu. Theory of environmental protection technology in the development of ecological ethics limit [J]. Journal of huazhong university of science and technology (social science edition), 2018, 32 (3) : 133-137. The DOI: 10.19648 / j.carol carroll nki jhustss1980.2018.03.18.

Cite this article

Liu,Z. (2025). The Environmental Background of Senior Executives, Green Investors and Corporate Environmental Performance. Advances in Economics, Management and Political Sciences,173,82-90.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

Disclaimer/Publisher's Note

The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.

About volume

Volume title: Proceedings of the 4th International Conference on Business and Policy Studies

Conference website: https://www.confbps.org/

ISBN：978-1-80590-040-5(Print) / 978-1-80590-039-9(Online)

Conference date: 20 February 2025

Editor：Canh Thien Dang

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.173

ISSN：2754-1169(Print) / 2754-1177(Online)

© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open access policy for details).