Hunting and Fishing CEOs: Environmental Plunderers or Saviors?

Thomas Covington, Steve Swidler and Keven Yost ()
Additional contact information
Thomas Covington: Loyola Marymount University
Steve Swidler: Lafayette College
Keven Yost: Auburn University

Journal of Business Ethics, 2025, vol. 197, issue 2, No 12, 423-444

Abstract: Abstract CEOs who participate in hunting and fishing benefit by appreciating natural environments and permanently consuming natural resources. We examine whether CEOs who hunt and fish make different environmental decisions and find that firms led by CEOs who obtain the most hunting and fishing licenses have lower environmental performance as measured by MSCI-KLD. This effect is strongest in the environmental category of climate change but also extends to pollution, waste, and the protection of natural capital. Furthermore, firms led by CEOs with the most hunting and fishing licenses are significantly more likely to pay a regulatory settlement for an environmental regulatory infraction.

Keywords: CEO; CSR; Sustainability (search for similar items in EconPapers)
JEL-codes: A13 G30 Q50 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s10551-024-05744-6

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