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国际清算银行:2024年CEO离职风险与企业环境绩效报告(英文版)

  • 2024年06月28日
  • 50 金币

We investigate the relationship between the probability of a CEO forced-turnoverand firm performance on several environmental dimensions. Our findings suggestthat a higher risk of being terminated for the CEO is correlated with a lower environmental ranking, particularly on environmental innovation activities, and moreESG controversies for the firm. The inclusion of ESG-pay clauses in executives’ compensation packages only marginally offsets such deterioration. Looking at data onGreenhous

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