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Just the way i am wired: CEO generation and corporate carbon emissions

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  • Adamolekun, Gbenga
  • Kwabi, Frank
  • Adekunle, Ibrahim Ayoade

Abstract

In this study, we analyse the link between CEO generational experience and corporate carbon emission pollution. When differentiating CEOs by their generational cohorts, we find that firms led by CEOs from the millennial generation and Generation X emit less carbon. Alternatively, firms led by CEOs from the Boomer generation tend to have a higher carbon footprint. One of the primary channels that explains the result is media coverage of climate concerns. With recent evidence suggesting that millennials engage more with modern media than other generational cohorts, the results of the analysis suggest that this exposure translates to reduced corporate carbon emissions when climate change concern is high. The findings are robust to alternative specifications, such as difference-in-differences regression, strict sample selection criteria and propensity score matching.

Suggested Citation

  • Adamolekun, Gbenga & Kwabi, Frank & Adekunle, Ibrahim Ayoade, 2025. "Just the way i am wired: CEO generation and corporate carbon emissions," Finance Research Letters, Elsevier, vol. 86(PC).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pc:s1544612325017283
    DOI: 10.1016/j.frl.2025.108474
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