Blue goes green: The impact of the chief executive officer and board of directors' political ideology on corporate environmental performance
研究CEO政治意识形态与企业环境绩效的关系,发现CEO的自由主义倾向对环境绩效有正面影响,但董事会保守主义会削弱这一关系。
Abstract This study investigates the association between a CEO's political ideology and Corporate Environmental Performance. Although previous research has established a strong association between a CEO's political ideology and overall performance on Corporate Social Responsibility, little research has examined how it relates to a firm's environmental impact. Utilizing data on CEO political donations, this study shows that a CEO's liberalism generally has a positive effect on a firm's environmental performance. However, this relationship can be influenced by the political conservatism of the board of directors. Furthermore, liberal CEOs are inclined to prioritize environmental strength and minimize environmental concerns. This research provides insight into the intricate dynamics of how a CEO's political ideology, as well as that of the board of directors, can influence a firm's environmental performance.