Hunting and Fishing CEOs: Environmental Plunderers or Saviors?
研究CEO的狩猎和垂钓爱好对企业环境决策的影响，发现持有最多狩猎和垂钓许可证的CEO所在企业环境绩效更差，且更可能因环境违规支付监管和解金。
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.