Climate (in)action? The relationship between CEO early-life experiences and corporate climate policies

IF 6.3 2区经济学 Q1 ECOLOGY

Ecological Economics Pub Date : 2025-07-02 DOI:10.1016/j.ecolecon.2025.108635

Wiebke Szymczak , Simone A. Wagner , Timo Busch

引用次数: 0

Abstract

While the drastic physical impacts of climate change and related natural hazards are increasingly apparent, little is known about the long-term behavioral consequences of climate change-related experiences. Psychological evidence suggests that climate change (CC)-related experiences induce people to make more climate-friendly choices. Building on Upper Echelons Theory and relevant psychological literature, we investigate whether early-life natural hazard experiences of Chief Executive Officers (CEOs) are associated with more climate-friendly policies during their tenure. Our sample covers decisions taken between 1991 and 2018 by 447 US-born CEOs. While we observe an effect of hazard experiences on climate policies, we do not observe the same effect when focusing only on CC-related experiences. This result is robust across different measures of corporate climate performance.

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气候的行动?CEO早年经历与企业气候政策之间的关系

虽然气候变化和相关自然灾害的剧烈物理影响日益明显，但人们对气候变化相关经历的长期行为后果知之甚少。心理学证据表明，与气候变化（CC）相关的经历会促使人们做出更有利于气候的选择。在上层梯队理论和相关心理学文献的基础上，我们调查了首席执行官（ceo）在其任期内的早期自然灾害经历是否与更友好的气候政策相关。我们的样本涵盖了447名在美国出生的首席执行官在1991年至2018年间做出的决策。虽然我们观察到灾害经验对气候政策的影响，但当我们只关注气候变化相关经验时，我们没有观察到同样的影响。这一结果在企业气候绩效的不同衡量标准中都是稳健的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Ecological Economics 环境科学-环境科学

CiteScore

12.00

自引率

5.70%

发文量

313

审稿时长

6 months

期刊介绍： Ecological Economics is concerned with extending and integrating the understanding of the interfaces and interplay between "nature''s household" (ecosystems) and "humanity''s household" (the economy). Ecological economics is an interdisciplinary field defined by a set of concrete problems or challenges related to governing economic activity in a way that promotes human well-being, sustainability, and justice. The journal thus emphasizes critical work that draws on and integrates elements of ecological science, economics, and the analysis of values, behaviors, cultural practices, institutional structures, and societal dynamics. The journal is transdisciplinary in spirit and methodologically open, drawing on the insights offered by a variety of intellectual traditions, and appealing to a diverse readership. Specific research areas covered include: valuation of natural resources, sustainable agriculture and development, ecologically integrated technology, integrated ecologic-economic modelling at scales from local to regional to global, implications of thermodynamics for economics and ecology, renewable resource management and conservation, critical assessments of the basic assumptions underlying current economic and ecological paradigms and the implications of alternative assumptions, economic and ecological consequences of genetically engineered organisms, and gene pool inventory and management, alternative principles for valuing natural wealth, integrating natural resources and environmental services into national income and wealth accounts, methods of implementing efficient environmental policies, case studies of economic-ecologic conflict or harmony, etc. New issues in this area are rapidly emerging and will find a ready forum in Ecological Economics.