CEO exposure to abnormally hot temperature and corporate carbon emissions

Alexandre Garel and Arthur Petit-Romec

Economics Letters, 2022, vol. 210, issue C

Abstract: This paper examines whether CEOs react to personal experience with global warming. Using a difference-in-differences setting, we find that CEOs’ exposure to abnormally hot temperature leads to a decrease in corporate carbon emissions intensity. Our results shed light on the role played by CEOs’ perception of the reality of climate change in reducing corporate carbon emissions.

Keywords: Carbon emissions; Climate change; CEO behavior; Personal experience (search for similar items in EconPapers)
JEL-codes: G30 Q54 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:210:y:2022:i:c:s0165176521004298

DOI: 10.1016/j.econlet.2021.110156

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