Scholarlink

<p>Under the current background of “coordination between environmental protection and economic and social development”, how enterprises should respond to the national call to enhance environmental awareness, effectively fulfil environmental responsibilities, and drive their own development has become a widespread concern. Based on the impression management theory and the “quick win” hypothesis, this paper focuses on the micro level of the enterprise, empirically tests the influence effect of CEO succession on corporate environmental responsibility (CER), as well as the moderating effect of external analyst coverage and former CEO tenure. The results indicate that CEO succession has a negative impact on corporate environmental responsibility, and both external analyst coverage and the tenure of predecessor CEOs strengthen the negative effect of CEO succession on CER. The findings extend the application of impression management theory and, from the perspective of corporate governance practice, provide new insights and empirical evidence for enhancing environmental responsibility awareness, understanding the behavioral motivations behind CEO succession, and offering guidance for boards of directors in establishing scientifically comprehensive performance evaluation systems.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Are CEO successors more likely to implement environmentally responsible behavior? Empirical evidence from listed companies in China

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年3月10日

查看全文
  • Guiyu Bai,
  • Peng Xu,
  • Delin Meng

摘要

Under the current background of “coordination between environmental protection and economic and social development”, how enterprises should respond to the national call to enhance environmental awareness, effectively fulfil environmental responsibilities, and drive their own development has become a widespread concern. Based on the impression management theory and the “quick win” hypothesis, this paper focuses on the micro level of the enterprise, empirically tests the influence effect of CEO succession on corporate environmental responsibility (CER), as well as the moderating effect of external analyst coverage and former CEO tenure. The results indicate that CEO succession has a negative impact on corporate environmental responsibility, and both external analyst coverage and the tenure of predecessor CEOs strengthen the negative effect of CEO succession on CER. The findings extend the application of impression management theory and, from the perspective of corporate governance practice, provide new insights and empirical evidence for enhancing environmental responsibility awareness, understanding the behavioral motivations behind CEO succession, and offering guidance for boards of directors in establishing scientifically comprehensive performance evaluation systems.