Managerial ability and corporate greenhouse gas emissions

Chrysovalantis Gaganis; Emilios Galariotis; Fotios Pasiouras; Menelaos Tasiou

doi:10.1016/j.jebo.2023.05.044

Managerial ability and corporate greenhouse gas emissions

Chrysovalantis Gaganis, Emilios Galariotis, Fotios Pasiouras, Menelaos Tasiou^*

^*Corresponding author for this work

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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.

Original language	English
Pages (from-to)	438-453
Number of pages	16
Journal	Journal of Economic Behavior and Organization
Volume	212
Early online date	11 Jun 2023
DOIs	https://doi.org/10.1016/j.jebo.2023.05.044
Publication status	Published - 1 Aug 2023

Keywords

Emissions intensity
Environmental performance
Greenhouse gas emissions
Managerial ability

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10.1016/j.jebo.2023.05.044

Managerial ability and corporate greenhouse gas emissionsFinal published version, 925 KBLicence: CC BY

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title = "Managerial ability and corporate greenhouse gas emissions",

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.",

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AU - Gaganis, Chrysovalantis

AU - Galariotis, Emilios

AU - Pasiouras, Fotios

AU - Tasiou, Menelaos

PY - 2023/8/1

Y1 - 2023/8/1

N2 - 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.

AB - 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.

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Managerial ability and corporate greenhouse gas emissions

Abstract

Keywords

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