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Measuring the Enterprise Green Innovation Strategy Decision-Making Quality: A Moderating-Mediating Model
Jiaying Feng1, Ying Pan1, Wencan Zhuang2
1School of Economics and Management, Harbin University, Harbin, China.
Frontiers in Psychology
|June 30, 2022
Summary
Board capital, encompassing human and social capital, enhances green innovation strategy decision-making quality. This effect is mediated by information acquisition capability and moderated by board group faultlines, crucial for sustainable development.
Area of Science:
- Environmental Science
- Business Strategy
- Organizational Behavior
Background:
- Green development is essential for balancing economic growth with environmental protection.
- Excessive resource utilization poses challenges to regional sustainable growth.
- Strategic decisions are needed to foster green innovation and development.
Purpose of the Study:
- To measure the quality of green innovation strategic decisions.
- To investigate the nexus between board capital, information acquisition capability, and decision-making quality.
- To examine the moderating role of board group faultlines.
Main Methods:
- A conceptual model was developed and tested.
- Data were analyzed using structural equation modeling (SEM) in AMOS 24.0.
- The study focused on the relationships between board capital dimensions, information acquisition capability, and green innovation strategy decision-making quality.
Main Results:
- Board human capital (BHC) and board social capital (BSC) positively influence green innovation strategy decision-making quality.
- Green innovation strategic information acquisition capability mediates the relationship between board capital and decision-making quality.
- Board group faultlines moderate the mediating role of information acquisition capability.
Conclusions:
- Board capital is a significant driver of high-quality green innovation strategic decisions.
- Information acquisition capability and board dynamics are critical factors in achieving effective green development strategies.
- The findings offer insights for optimizing board structures and capabilities for sustainable business practices.
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