Abstract：With the guideline of green development,many enterprises have implemented green management to improve the efficiency of resource utilization and environmental protection in production process.However,whether green management have an impact on corporate innovation is still with deficiency.Based on the perspective of property rights heterogeneity,and combined with the resource-based view and the stakeholder theory,an empirical research by using a sample of China's listed companies from 2012 to 2017 is established.The results show that green management can promote corporate innovation performance,especially in firms which are located in where under greater environmental pressure.However,the above functions are mainly embodied in non-state-owned enterprises.Further research shows that the political connection of non-state-owned enterprises has a synergistic impact on environmental pressure and further improves its capacity.The above conclusions not only enrich the research of green management,but also provide important references for the innovation and sustainable development of firms.
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