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Do chief information officers matter for sustainable development? Impact of their regulatory focus on green information technology strategies and corporate performance
Author(s) -
Chan Ricky Y. K.
Publication year - 2021
Publication title -
business strategy and the environment
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.123
H-Index - 105
eISSN - 1099-0836
pISSN - 0964-4733
DOI - 10.1002/bse.2761
Subject(s) - regulatory focus theory , promotion (chess) , business , corporate sustainability , stakeholder , corporate social responsibility , extant taxon , sustainability , marketing , public relations , management , economics , political science , ecology , evolutionary biology , politics , law , biology , task (project management)
This study proposes and empirically tests a model delineating the relationships among a chief information officer's (CIO's) dominant regulatory focus, the corporate practice of green information technology (IT) strategies and corporate performance. It also examines the moderating role of regulatory stakeholder influence (RSI) in this model. Findings based on sampled firms operating in China have provided support for all the hypotheses. Specifically, they highlight that CIOs with a dominant promotion focus are more prone to practice green IT strategies than those with a dominant prevention focus. Moreover, RSI is found to positively moderate the impact of dominant regulatory focus on the practice of green IT strategies. This strategic practice is also found to enhance corporate performance. Last, the empirical findings reveal that a CIO's dominant promotion focus exerts a direct and positive influence on corporate performance, which suggests that this focus also serves as a direct driver for corporate performance. In sum, these findings not only enrich the extant literature on environmental management and information systems, but also provide useful insights into fine‐tuning firms' CIO selection criteria and policy makers' regulatory measures to advance corporate sustainability.