Work

Managerial ability and corporate greenhouse gas emissions

Year: 2023

Type: article

Abstract: Top managers are responsible for important decisions and their efficient implementation. Therefore, higher ability is more likely to lead to effective practice and favourable firm outcomes. This paper examines the association between managerial ability and corporate greenhouse gas emissions. The results suggest that firms with more able managers have lower greenhouse gas emissions. The disaggregation of total greenhouse gas emissions into Scope 1 emissions and Scope 2 emissions shows that managerial ability is negatively associated with both components. The results hold while controlling for various firm and country-level attributes and econometric specifications mitigating endogeneity concerns.

Source: Journal of Economic Behavior & Organization

DOI: 10.1016/j.jebo.2023.05.044

Authors: Chrysovalantis Gaganis, Emilios Galariotis, Fotios Pasiouras, Menelaos Tasiou

Institutions: University of Crete, Audencia Business School, MBS School of Business, University of Portsmouth

Language: English

Topic: Energy, Environment, Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Climate action

Open Access status: hybrid

Estimated APC paid: $2,490