The Effects of Board Capital on Green Innovation to Improve Green Total Factor Productivity

The economy’s improvement through industrial success is also leading to environmental problems such as the production of greenhouse gases and other chemicals. Since global warming has caught attention researchers authorities, issues are receiving more attention. In this vein, pressure sustainable development goals explains status corporate development. Particularly, green practices including innovation total factor productivity have become hot topics. Therefore, how can be beneficial a major point concern in study. For that, factors role board capital new light for developing innovation. Moreover, study takes competition into account This considers agency theory Porter hypothesis theoretical base, results give distinctive conclusions by using fixed effects, generalized moments methods, feasible least squares on Chinese manufacturing corporations from 2011 2020. After series tests, we highlight benefits capital, particularly human social that help produce firm Additionally, explain market compels make innovations. Further, importantly show competitiveness plays critical fostering relationships between capital. It crucial note enhancing innovation, goal reached. These findings shed imperative concerns good example authorities governments.