Keywords

institutional theory, voluntary disclosure, environmental performance, CEO characteristics, sustainability

Abstract

We contribute to the literature on firms’ responses to institutional pressures and environmental information disclosure. We hypothesize that CEO characteristics such as education and tenure will influence firms’ likelihood to voluntarily disclose environmental information. We test our hypotheses by examining firms’ responses to the Carbon Disclosure Project (CDP) and find that firms led by newly appointed CEOs and CEOs with MBA degrees are more likely to respond to the CDP, while those led by lawyers are less likely to respond. Our results have implications for research on strategic responses to institutional pressures and corporate environmental performance.

Original Publication Citation

Lewis, B. W., Walls, J. L., & Dowell, G. W. S. (2014). Difference in degrees: CEO characteristics and firm environmental disclosure. Strategic Management Journal, 35(5), 712-722. doi:10.1002/smj.2127

Document Type

Peer-Reviewed Article

Publication Date

2014-05-01

Permanent URL

http://hdl.lib.byu.edu/1877/3315

Publisher

John Wiley & Sons, Ltd.

Language

English

College

Marriott School of Management

Department

Management

Share

COinS