Difference in degrees : CEO characteristics and firm environmental disclosure
Lewis, Ben W.
Walls, Judith L.
Dowell, Glen W. S.
Date of Issue2013
College of Business (Nanyang Business School)
We contribute to the literature on firms’ response to institutional pressures and environmental information disclosure. We hypothesize that CEO characteristics such as education and tenure will influence firms’ likelihood to voluntarily disclose environmental information. We test our hypotheses by examining firms’ responses to the Carbon Disclosure Project (CDP) and find that firms led by newly appointed CEOs and CEOs with MBA degrees are more likely to respond to the CDP while those led by lawyers are less likely to respond. Our results have implications for research on strategic response to institutional pressures and corporate environmental performance.
Strategic management journal
© 2013 John Wiley & Sons, Ltd. This is the author created version of a work that has been peer reviewed and accepted for publication by Strategic Management Journal, John Wiley & Sons, Ltd. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [http://dx.doi.org/10.1002/smj.2127].