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Managerial ability and corporate greenhouse gas emissions

Chrysovalantis Gaganis, Emilios Galariotis, Fotios Pasiouras and Menelaos Tasiou

Journal of Economic Behavior & Organization, 2023, vol. 212, issue C, 438-453

Abstract: Top managers are responsible for important decisions and their efficient implementation. Therefore, higher ability is more likely to lead to effective practice and favourable firm outcomes. This paper examines the association between managerial ability and corporate greenhouse gas emissions. The results suggest that firms with more able managers have lower greenhouse gas emissions. The disaggregation of total greenhouse gas emissions into Scope 1 emissions and Scope 2 emissions shows that managerial ability is negatively associated with both components. The results hold while controlling for various firm and country-level attributes and econometric specifications mitigating endogeneity concerns.

Keywords: Managerial ability; Environmental performance; Greenhouse gas emissions; Emissions intensity (search for similar items in EconPapers)
JEL-codes: Q49 Q53 Q57 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:212:y:2023:i:c:p:438-453

DOI: 10.1016/j.jebo.2023.05.044

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Journal of Economic Behavior & Organization is currently edited by Houser, D. and Puzzello, D.

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