Generalist CEO and carbon emissions
Ashrafee Hossain,
Abdullah-Al Masum,
Samir Saadi and
Ramzi Benkraiem
Journal of Economic Behavior & Organization, 2023, vol. 213, issue C, 68-86
Abstract:
In this study, we find a positive association between the general abilities of chief executive officers (CEOs) and the magnitude of carbon emissions in carbon-emitting firms (CEFs). Furthermore, generalist CEOs can reluctantly influence decisions on carbon emissions when CEFs’ transparency on environmental disclosure is poor, product market competition is intense, and investor myopia is prominent. Overall, our findings align with the notion that with higher job security, generalist CEOs may be willing to cannibalize their previously earned reputations for short-term gains and personal benefits. Our findings are robust to alternative measures of main variables and several endogeneity tests.
Keywords: Carbon emissions; General ability; Generalist CEO; Decision-making (search for similar items in EconPapers)
JEL-codes: G34 J24 Q50 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0167268123002482
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:jeborg:v:213:y:2023:i:c:p:68-86
DOI: 10.1016/j.jebo.2023.07.016
Access Statistics for this article
Journal of Economic Behavior & Organization is currently edited by Houser, D. and Puzzello, D.
More articles in Journal of Economic Behavior & Organization from Elsevier
Bibliographic data for series maintained by Catherine Liu ().