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Do Party Member CEOs PromoteESGResponsibility Performance? The Synergy of Internal Governance and External Governance
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Ying Lü, Wenyan Fang
Journal of Technology Economics | 2024, 43(6) : 125 - 140
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Journal of Technology Economics | 2024, 43(6): 125-140
Technology Economics Evaluation
Do Party Member CEOs PromoteESGResponsibility Performance? The Synergy of Internal Governance and External Governance
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Ying Lü, Wenyan Fang
Affiliations
  • School of Economics and Management Lanzhou University of Technology Lanzhou 730000 China
Published: 2024-06-10 doi: 10.12404/j.issn.1002-980X.J23060505
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Under the background of the dual carbon goals, it is of strategic significance for enterprises to practiceESGconcepts and improveESGperformance for national green development goals. Anchoring on the imprinting theory, the A-share listed companies in Shanghai and Shenzhen in China from 2012 to 2022 was taken as a research sample, and the impact of party member CEOs on the performance ofESGresponsibilities was discussed. The results show that party member CEOs significantly promote theESGimplementation. Party organizations have a positive moderate effect on the performance of Party member CEOs andESGresponsibilities through political and cognitive embeddedness. Under the coercive institutional pressure, normative institutional pressure and mimetic institutional pressure, party member CEOs are more willing to promoteESGresponsibility performance, and this promotion in the companies with a high degree of embeddedness of party organizations is more significant. Mechanism analysis indicates that party member CEOs play an indirect role in theESGimplementation through information disclosure channels; Heterogeneity analysis reveals that the improvement is more significant in state-owned and low-carbon enterprises. Further analysis reveals that party member CEOs have improved the high-quality development level of enterprises by promotingESGimplementation, in both state-owned and non-state-owned enterprises, party member CEOs have significantly promoted the high-quality development of enterprises. It enriches the research on the effectiveness of party member CEOs participating in corporate governance, and provides reference for improving corporateESGperformance and helping enterprises in green transformation, provides new evidence for the high-quality party building to lead and drive the high-quality development of enterprises.

party member CEO  /  ESG responsibility performance  /  party organization embeddedness  /  institutional pressures
Ying Lü, Wenyan Fang. Do Party Member CEOs PromoteESGResponsibility Performance? The Synergy of Internal Governance and External Governance[J]. Journal of Technology Economics, 2024 , 43 (6) : 125 -140 . DOI: 10.12404/j.issn.1002-980X.J23060505
Year 2024 volume 43 Issue 6
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doi: 10.12404/j.issn.1002-980X.J23060505
  • Receive Date:2023-06-05
  • Online Date:2025-07-28
  • Published:2024-06-10
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  • Received:2023-06-05
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    School of Economics and Management Lanzhou University of Technology Lanzhou 730000 China
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表12种不同金属材料的力学参数

Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
total species (%)

Genus
种数
Number of
species
占总种数比例
Percentage of total
species (%)
鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
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