CEO exposure to abnormally hot temperature and corporate carbon emissions

被引：20

作者：

Garel, Alexandre ^{[1
]}

Petit-Romec, Arthur ^{[2
]}

机构：

[1] Audencia Business Sch, 8 Rue Joneliere, F-44312 Nantes, France

[2] TBS Business Sch, 1 Pl Alfonse Jourdain, F-31068 Toulouse, France

来源：

ECONOMICS LETTERS | 2022年 / 210卷

关键词：

Carbon emissions; Climate change; CEO behavior; Personal experience; LIFE;

D O I：

10.1016/j.econlet.2021.110156

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines whether CEOs react to personal experience with global warming. Using a difference-in-differences setting, we find that CEOs' exposure to abnormally hot temperature leads to a decrease in corporate carbon emissions intensity. Our results shed light on the role played by CEOs' perception of the reality of climate change in reducing corporate carbon emissions. (c) 2021 Elsevier B.V. All rights reserved.

引用

页数：6

共 31 条

[1] The Limits of Limited Liability: Evidence from Industrial Pollution [J].

Akey, Pat ;

Appel, Ian .

JOURNAL OF FINANCE, 2021, 76 (01) :5-55

[2]

Akey Pat., 2019, Environmental externalities of activism

[3]

Azar J., 2021, Journal of Financial Economics

[4]

Baker A, 2021, MUCH SHOULD WE TRUST

[5] Military CEOs [J].

Benmelech, Efraim ;

Frydman, Carola .

JOURNAL OF FINANCIAL ECONOMICS, 2015, 117 (01) :43-59

[6] What Doesn't Kill You Will Only Make You More Risk-Loving: Early-Life Disasters and CEO Behavior [J].

Bernile, Gennaro ;

Bhagwat, Vineet ;

Rau, P. Raghavendra .

JOURNAL OF FINANCE, 2017, 72 (01) :167-206

[7]

Bolton P., 2021, Firm commitments

[8]

Bolton Patrick., 2020, J FINANC ECON

[9] How does the stock market respond to chemical disasters? [J].

Capelle-Blancard, Gunther ;

Laguna, Marie-Aude .

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 2010, 59 (02) :192-205

[10] THE EFFECT OF MINIMUM WAGES ON LOW-WAGE JOBS [J].

Cengiz, Doruk ;

Dube, Arindrajit ;

Lindner, Attila ;

Zipperer, Ben .

QUARTERLY JOURNAL OF ECONOMICS, 2019, 134 (03) :1405-1454

← 1 2 3 4 →