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Executive Overconfidence, Digital Transformation and Environmental Innovation: The Role of Moderated Mediator

School of Business and Management, Jilin University, Changchun 130012, China
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Author to whom correspondence should be addressed.
Academic Editors: Weixin Yang, Yunpeng Yang and Lingyin Pan
Int. J. Environ. Res. Public Health 2022, 19(10), 5990; https://doi.org/10.3390/ijerph19105990
Received: 11 April 2022 / Revised: 11 May 2022 / Accepted: 12 May 2022 / Published: 14 May 2022
(This article belongs to the Special Issue Digital Economy, Environmental Protection and Public Health)
With the increasingly prominent energy and environmental problems, environmental innovation has become a critical path to achieving the goal of coordinating economic development and environmental protection fundamentally. This study aims to examine the impacts of executive overconfidence on environmental innovation and the mediating role of digital transformation. We conduct empirical tests based on the panel data of Chinese publicly listed enterprises during the period of 2007–2019. The results exhibit that (a) executive overconfidence can significantly promote environmental technology innovation but has no obvious effect on environmental management innovation; (b) executive overconfidence can significantly enhance digital transformation, and, accordingly, digital transformation can significantly promote environmental technology innovation and environmental management innovation; (c) industry competition and economic policy uncertainty can enhance the positive effect of executive overconfidence on digital transformation; and (d) a firms’ asset size can enhance the impact of digital transformation on environmental technology innovation; internal control positively moderates the impact of digital transformation on environmental technology innovation and negatively moderates the impact on environmental management innovation. This study not only breaks the stereotype about overconfidence and confirms its positive impact on digital transformation and environmental innovation but also provides insights for enterprises to improve environmental innovation through digital transformation. View Full-Text
Keywords: executive overconfidence; digital transformation; environmental technology innovation; environmental management innovation; industry competition; economic policy uncertainty; asset size; internal control executive overconfidence; digital transformation; environmental technology innovation; environmental management innovation; industry competition; economic policy uncertainty; asset size; internal control
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MDPI and ACS Style

Zhou, P.; Zhou, S.; Zhang, M.; Miao, S. Executive Overconfidence, Digital Transformation and Environmental Innovation: The Role of Moderated Mediator. Int. J. Environ. Res. Public Health 2022, 19, 5990. https://doi.org/10.3390/ijerph19105990

AMA Style

Zhou P, Zhou S, Zhang M, Miao S. Executive Overconfidence, Digital Transformation and Environmental Innovation: The Role of Moderated Mediator. International Journal of Environmental Research and Public Health. 2022; 19(10):5990. https://doi.org/10.3390/ijerph19105990

Chicago/Turabian Style

Zhou, Peiyan, Shuya Zhou, Ming Zhang, and Shujuan Miao. 2022. "Executive Overconfidence, Digital Transformation and Environmental Innovation: The Role of Moderated Mediator" International Journal of Environmental Research and Public Health 19, no. 10: 5990. https://doi.org/10.3390/ijerph19105990

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