CEO given names and corporate green investment

被引:21
|
作者
Jia, Fansheng [1 ]
Li, Guangzhong [2 ]
Lu, Xiaoyan [3 ]
Xie, Sujuan [3 ]
机构
[1] Ocean Univ China, China Business Working Capital Management Res Ctr, Management Coll, Qingdao, Shandong, Peoples R China
[2] Sun Yat Sen Univ, Adv Inst Finance, Sch Business, Guangzhou, Guangdong, Peoples R China
[3] Sun Yat Sen Univ, Sch Business, Ctr Accounting Finance & Inst, Guangzhou, Guangdong, Peoples R China
基金
中国国家自然科学基金;
关键词
CEO ethical motives; Psychology of given names; Green investment; INSTITUTIONAL OWNERSHIP; SOCIAL PERFORMANCE; GOVERNANCE; BEHAVIOR; DISCLOSURE; GOVERNMENT; STEREOTYPES; ENTERPRISES; ECONOMICS; GENDER;
D O I
10.1016/j.ememar.2021.100808
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Drawing on the psychology of names, this study examines whether a CEO having a given name that has a moral meaning (a moral name) affects corporate investment decisions on environmental protection. We find that a CEO having a moral name plays a significant role in increasing a firm's green investment. Further analysis shows that this positive relationship is more pronounced for state-owned firms. When CEOs' economic incentives are increased, the positive effect of CEOs' moral names on green investment is reduced. Overall, our findings suggest that given names with moral meanings have implications for the moral behavior of executives.
引用
收藏
页数:17
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