<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This study used 2017-2019 Chinese A-share-listed automobile manufacturing companies as research samples to analyse the impact of the government-business relationship on eco-innovation. We found that a healthy government-business relationship had a positive impact on enterprise eco-innovation. The mediating effects test verified that a healthy government-business relationship affected enterprise eco-innovation through financing constraints. In addition, managerial ownership significantly increased the positive impact of a healthy government-business relationship on enterprise eco-innovation. We also found that a healthy government-business relationship had a more substantial impact on enterprise eco-innovation in non-state-owned enterprises when considering corporate property rights. The study results provide empirical evidence for the influence of the government-business relationship on enterprise eco-innovation and deepen our understanding of eco-innovation in China’s automobile manufacturing industry.</p>
</abstract>

This study used 2017-2019 Chinese A-share-listed automobile manufacturing companies as research samples to analyse the impact of the government-business relationship on eco-innovation. We found that a healthy government-business relationship had a positive impact on enterprise eco-innovation. The mediating effects test verified that a healthy government-business relationship affected enterprise eco-innovation through financing constraints. In addition, managerial ownership significantly increased the positive impact of a healthy government-business relationship on enterprise eco-innovation. We also found that a healthy government-business relationship had a more substantial impact on enterprise eco-innovation in non-state-owned enterprises when considering corporate property rights. The study results provide empirical evidence for the influence of the government-business relationship on enterprise eco-innovation and deepen our understanding of eco-innovation in China’s automobile manufacturing industry.

The government-business relationship and eco-innovation: evidence from chinese automobile industry

Department of International Economics and Trade, College of Commerce

Hebei University of Economics and Business

Ecological Chemistry and Engineering S

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

This study used 2017-2019 Chinese A-share-listed automobile manufacturing companies as research samples to analyse the impact of the government-business...

The government-business relationship and eco-innovation: evidence from chinese automobile industry

Published Online: Jan 18, 2022

Page range: 541 - 561

DOI: https://doi.org/10.2478/eces-2021-0036

Keywords
government-business relationship, eco-innovation, managerial ownership, state ownership, financial constraints

© 2021 Yu Gao et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The government-business relationship and eco-innovation: evidence from chinese automobile industry

Published Online: Jan 18, 2022

Page range: 541 - 561

DOI: https://doi.org/10.2478/eces-2021-0036

Keywordsgovernment-business relationship, eco-innovation, managerial ownership, state ownership, financial constraints

© 2021 Yu Gao et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
government-business relationship, eco-innovation, managerial ownership, state ownership, financial constraints