This paper investigates the relationship between entrepreneurial orientation and radical innovation, considering the contingency effects of board characteristics. Using panel data of listed manufacturing firms in China (2013-2019), it finds that entrepreneurial orientation positively impacts radical innovation. CEO duality and board independence positively moderate this relationship, while board ownership and board size negatively moderate it. The study contributes to the entrepreneurial orientation and corporate governance literature by highlighting the asymmetric roles of board characteristics.
Publisher
Humanities & Social Sciences Communications
Published On
Jul 08, 2023
Authors
Yexin Liu, Yecheng Wu, Weiwei Wu
Tags
entrepreneurial orientation
radical innovation
board characteristics
CEO duality
board independence
corporate governance
China
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