CEO Cultural Heritage and Green Reporting of Listed Manufacturing Firms in Sub-Saharan Africa (SSA)

The study uses fixed-effect panel quantile regression to estimate the effect of CEOs' cultural heritage on green reporting in listed manufacturing firms in 14 SSA countries between 2015 and 2021. The research reveals that CEOs from power distance cultures have a negative impact on green reporting, especially at higher quantiles. Conversely, individualistic CEOs make a positive contribution to green reporting at higher quantiles. CEOs with a background in masculinity culture show positive associations with green reporting at specific quantiles. However, CEOs from uncertainty avoidance cultures are less likely to produce green reports at 85% and 90% quantiles. CEOs with long-term orientation cultural backgrounds show a positive relationship at the 15% quantile. CEOs from indulgent cultural backgrounds do not exhibit a significant relationship with green reporting. Overall, the findings suggest that Chief Executive Officers' cultural heritage influences green reporting. We recommend that governments and policymakers in SSA consider the cultural origins of top-level executives in their policy decisions regarding green reporting.