The Influence of Corporate Strategic Deviance on Environmental Investment&nbsp;

YANG Qian-he

doi:10.12152/j.issn.1672-2868.2021.06.007

Journal of Chaohu University >

2021 , Vol. 23 >Issue 6: 48 - 58

DOI: https://doi.org/10.12152/j.issn.1672-2868.2021.06.007

The Influence of Corporate Strategic Deviance on Environmental Investment

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School of Business, Anhui University

School of Business, Anhui University, Hefei Anhui 23060

Received date: 2021-05-05

Online published: 2022-03-05

Supported by

AHSKY2019D020

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Abstract

Strategic deviance is one of the common phenomena in development process of corporate strategy, and how it affects environmental investment has attracted much attention. Based on this, the article uses data of A-share listed companies in China from 2008 to 2017, and analyzes the impact of strategic deviance on environmental investment. The study finds that: Strategic deviance enhances environmental investment significantly. The nature of heavy pollution industry strengthens the positive relation between strategic deviance and environmental investment;state ownership strengthens the positive relation between strategic deviance and environmental investment. The article enriches literature on the influential factors of environmental investment from strategy perspective, and can help understand economic consequence of strategic deviance in China.

Key words： corporate strategic deviance; environmental investment; heavy pollution industry; ownership

Cite this article

YANG Qian-he . The Influence of Corporate Strategic Deviance on Environmental Investment [J]. Journal of Chaohu University, 2021 , 23(6) : 48 -58 . DOI: 10.12152/j.issn.1672-2868.2021.06.007

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