CEO given names and corporate green investment

Fansheng Jia, Guangzhong Li, Xiaoyan Lu and Sujuan Xie

Emerging Markets Review, 2021, vol. 48, issue C

Abstract: Drawing on the psychology of names, this study examines whether a CEO having a given name that has a moral meaning (a moral name) affects corporate investment decisions on environmental protection. We find that a CEO having a moral name plays a significant role in increasing a firm's green investment. Further analysis shows that this positive relationship is more pronounced for state-owned firms. When CEOs' economic incentives are increased, the positive effect of CEOs' moral names on green investment is reduced. Overall, our findings suggest that given names with moral meanings have implications for the moral behavior of executives.

Keywords: CEO ethical motives; Psychology of given names; Green investment (search for similar items in EconPapers)
JEL-codes: G41 M14 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1566014121000169
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:48:y:2021:i:c:s1566014121000169

DOI: 10.1016/j.ememar.2021.100808

Access Statistics for this article

Emerging Markets Review is currently edited by Jonathan A. Batten

More articles in Emerging Markets Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().