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Does CEO Personal Environmental Value Matter?

Author

Listed:
  • Christian Harding
  • Choy Yeing Ho
  • Joey Yang

Abstract

Using the epidemiological approach to estimate CEOs' personal environmental value, we examine whether and how it impacts a firm's environmental performance. The results show that CEOs' personal environmental value has a significant and positive influence on environmental performance. Further analysis shows that when firms suffer from a decline in sales performance stemming from negative environmental incidents, CEOs' personal environmental value exacerbates the adverse effect, indicating that customers are environmentally conscious. In contrast, when firms experience heightened environmental risks stemming from a major environmental disaster, CEO environmental consciousness can safeguard shareholder wealth from increased environmental risks.

Suggested Citation

  • Christian Harding & Choy Yeing Ho & Joey Yang, 2026. "Does CEO Personal Environmental Value Matter?," Business Strategy and the Environment, Wiley Blackwell, vol. 35(1), pages 1456-1472, January.
    • Handle: RePEc:bla:bstrat:v:35:y:2026:i:1:p:1456-1472
    DOI: 10.1002/bse.70228
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    References listed on IDEAS

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