Chief executive officer ability and corporate environmental sustainability information disclosure. Issue 1 (7th November 2022)

• Record Type: Journal Article
• Authors: Hussain, Muhammad Jameel; Tian, Gaoliang; Ashraf, Adnan; Khan, Muhammad Kaleem; Ying, Lu
• Is Part Of: Business ethics, the environment & responsibility. Volume 32:Issue 1(2023)
• Page Start: 24
• Page End: 39
• Publication Date: 2022-11-07
• Subjects: CEO ability -- China -- environmental sustainability disclosure; Business ethics -- Periodicals; Social responsibility of business -- Periodicals; Business enterprises -- Environmental aspects -- Periodicals; 174.4; 174.4
• DOI: 10.1111/beer.12485
• Languages: English
• ISSNs: 2694-6416

Abstract

Abstract: This study explores the impact of CEO ability on corporate environmental sustainability information disclosure. We take samples from Chinese A‐share listed companies from 2010 to 2019 and use the ordinary least squares as a baseline regression model to check the relationship between CEO ability and corporate environmental sustainability information disclosure. Our findings are robust to different corporate environmental sustainability information disclosure measures and CEO ability. We found a positive association between CEO ability and corporate environmental sustainability information disclosure; thus, firms with a more able CEO are more likely to disclose more corporate environmental sustainability information. Our results also found a significant negative interaction coefficient between CEO ability and CEO career concerns. As the CEO grows older, his/her ability decreases; therefore, corporate environmental sustainability information disclosure reduces. Furthermore, we document that a female CEO strengthens the relationship between CEO ability and corporate environmental sustainability information disclosure. The study results are important for understanding corporate environmental responsibility development and implementation, particularly in China.