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CEO exposure to abnormally hot temperature and corporate carbon emissions

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  • Garel, Alexandre
  • Petit-Romec, Arthur

Abstract

This paper examines whether CEOs react to personal experience with global warming. Using a difference-in-differences setting, we find that CEOs’ exposure to abnormally hot temperature leads to a decrease in corporate carbon emissions intensity. Our results shed light on the role played by CEOs’ perception of the reality of climate change in reducing corporate carbon emissions.

Suggested Citation

  • Garel, Alexandre & Petit-Romec, Arthur, 2022. "CEO exposure to abnormally hot temperature and corporate carbon emissions," Economics Letters, Elsevier, vol. 210(C).
    • Handle: RePEc:eee:ecolet:v:210:y:2022:i:c:s0165176521004298
    DOI: 10.1016/j.econlet.2021.110156
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    References listed on IDEAS

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    Cited by:

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    3. Karim Mahran & Ahmed A. Elamer, 2024. "Chief Executive Officer (CEO) and corporate environmental sustainability: A systematic literature review and avenues for future research," Business Strategy and the Environment, Wiley Blackwell, vol. 33(3), pages 1977-2003, March.
    4. Jiao, Anqi & Sun, Ran & Ren, Honglin, 2025. "Navigating climate policy: Corporate lobbying strategies in response to intensified climate risk exposure," Energy Economics, Elsevier, vol. 148(C).
    5. Jiaxin Wang & Jingyi Zhuang & Chao Yan & Kam C. Chan, 2025. "Standing Up or Standing By: Abnormally Hot Temperatures and Corporate Environmental Engagement," Journal of Business Ethics, Springer, vol. 196(1), pages 93-127, January.
    6. Akhtaruzzaman, Md & Boubaker, Sabri & Gamage, Pandula & Obeng, Victoria, 2025. "Environmental innovation and climate risk awareness: The moderating role of SDG13," Research in International Business and Finance, Elsevier, vol. 75(C).
    7. Frank Kwabi & Samuel Fulgence & Gbenga Adamolekun, 2024. "CEO hubris and corporate carbon footprint: The role of gender diversity," Business Strategy and the Environment, Wiley Blackwell, vol. 33(8), pages 8102-8125, December.
    8. Ahmad, Muhammad Farooq & Aktas, Nihat & Croci, Ettore, 2023. "Climate risk and deployment of corporate resources to working capital," Economics Letters, Elsevier, vol. 224(C).

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    Keywords

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    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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