Enterprise green innovation drives sustainable development and contributes to the realization of a ‘beautiful China’. It enhances resource utilization, reduces energy consumption, and achieves economic-environmental objectives through technological advancements. This paper examines the impact of the gender composition of a company’s CEO and CFO on green innovation by empirical research method using the data of the firms listed on Chinese capital market from 2015 to 2022. Our findings indicate that: (1) Male CEOs and CFOs are more likely to promote green innovation compared to their female counterparts; (2) Leadership teams comprising opposite-sex pairs tend to weaken the promotion of green innovation. These conclusions are consistent across state-owned enterprises and within the manufacturing sector. This study provides a novel perspective on enterprise green innovation, offering insights for companies regarding their green innovation strategies and for policymakers in shaping relevant policies.
This study investigates the relationships among entrepreneurship, technical competency, and business performance, focusing on CEOs in the beauty service industry in the Busan area. A total of 215 survey responses were collected, with 213 valid responses selected for final analysis after excluding 2 unsuitable responses. The key findings of the study are as follows: First, entrepreneurship was found to partially influence technical competency. Second, technical competency was found to influence business performance. Third, entrepreneurship was found to partially influence business performance. Fourth, technical competency was found to partially mediate the relationship between entrepreneurship and business performance. Based on these results, the study systematically analyzes and explains the causal relationships among the entrepreneurship of CEOs in the beauty service industry, their technical competency, and business performance. It also seeks to provide useful reference materials for strengthening the innovation and competitiveness of CEOs in the beauty service industry and establishing a theoretical foundation for future research in related fields.
The aim of this study is to examine the relationship between Environmental, Social and Governance (ESG) activities and the performance of Thai listed firms. The moderating roles of board size and CEO duality on this relationship are also assessed. The ESG score provided by LSEG (formerly Refinitiv) is chosen to measure ESG activities, both as an overall ESG combined scores and as Environment, Social, and Governance pillar scores. Multiple regression analysis is used to test the impact of ESG on firm performance while the PROCESS macro is used to test the moderating effects. Results reveal that the overall ESG combined score demonstrates no statistically significant effect on firm market-based performance. However, it shows the significant effects on firm performance for both the ESG combined score and the Environmental and Social pillar scores when moderated by board size and CEO duality; Governance pillar score exhibits no significant effect. Additionally, it is found that when the CEO operates only as the managing director and small board size and average board size are evident, higher ESG disclosure scores enhance firm performance. However, when the CEO serves as both managing director and chairman of the board of directors, and where there is a large board size, higher ESG disclosure scores diminish firm performance. This study contributes to the ESG literature and encourages companies to enhance their performance by implementing ESG combined activities with good governance policies.
Objective: The influence of climate on forest stands cannot be ignored, but most of the previous forest stand growth models were constructed under the presumption of invariant climate and could not estimate the stand growth under climate change. The model was constructed to provide a theoretical basis for forest operators to take reasonable management measures for fir under the influence of climate. Methods: Based on the survey data of 638 cedar plantation plots in Hunan Province, the optimal base model was selected from four biologically significant alternative stand basal area models, and the significant climate factors without serious covariance were selected by multiple stepwise regression analysis. The optimal form of random effects was determined, and then a model with climatic effects was constructed for the cross-sectional growth of fir plantations. Results: Richards formula is the optimal form of the basic model of stand basal area growth. The coefficient of adjustment was 0.8355; the average summer maximum temperature and the water vapor loss in Hargreaves climate affected the maximum and rate of fir stand stand growth respectively, and were negatively correlated with the stand growth. The adjusted coefficient of determination of the fir stand area break model with climate effects was 0.8921, the root mean square error (RMSE) was 3.0792, and the mean relative error absolute value (MARE) was 9.9011; compared with the optimal base model, improved by 6.77%, RMSE decreased by 19.04%, and MARE decreased by 15.95%. Conclusion: The construction of the stand cross-sectional area model with climate effects indicates that climate has a significant influence on stand growth, which supports the rationality of considering climate factors in the growth model, and it is important for the regional stand growth harvest and management of cedar while improving the accuracy and applicability of the model.
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