CEO Greed and Firms' Environmental Performance in Environmentally Sensitive Sectors of China

Simple item page
dc.contributor.authorRehman, Saif Ur
dc.contributor.authorElshareif, Elgiliani
dc.contributor.authorKhan, Hashim
dc.date.accessioned2023-10-13T05:25:51Z
dc.date.available2023-10-13T05:25:51Z
dc.date.issued2023
dc.description.abstractIn the current study, the authors explored how CEO greed concerning bonuses and rewards on restricted stock affects a firm's environmental performance (EP) in environmentally sensitive sectors of China. Moreover, they empirically tested the constraining role of the quad director on the relationship between CEO greed and EP. Findings indicate that (a) CEO greed negatively affects the strategic firm's environmental performance, particularly the negative relation is augmented by the person-pay interactionism rationale (bonus), (b) the presence of one quad director in the board does not constrain CEO greed and EP negative relation, and (c) the presence of two or more quad directors in the board significantly constraints the negative relation between CEO greed and EP. Thus, having at least two quad directors is more effective than combining directors with multiple features. Our results are robust to different CEOs' power dynamics. Our research has important practical implications for corporate governance and business strategy formulation. © 2023 IGI Global. All rights reserved.
dc.identifier.citationSaif-Ur-Rehman, Elshareif, E., & Khan, H. (2023). CEO Greed and Firms' Environmental Performance in Environmentally Sensitive Sectors of China. International Journal of Asian Business and Information Management (IJABIM), 14(1), 1-30. http://doi.org.ezp.cud.ac.ae:2048/10.4018/ijabim.318473
dc.identifier.issn19479638
dc.identifier.urihttp://doi.org.ezp.cud.ac.ae:2048/10.4018/ijabim.318473
dc.identifier.urihttps://hdl.handle.net/20.500.12519/834
dc.language.isoen
dc.publisherIGI Global
dc.relation.ispartofseriesInternational Journal of Asian Business and Information Management; Volume 14, Issue 1
dc.rightsThis article was published as an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/)
dc.rights.holderCopyright : © 2023 IGI Global. All rights reserved.
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectCEO Greed
dc.subjectChina
dc.subjectCorporate Governance
dc.subjectEnvironmental Performance
dc.subjectEnvironmentally Sensitive Sectors
dc.subjectQuad Director
dc.titleCEO Greed and Firms' Environmental Performance in Environmentally Sensitive Sectors of China
dc.typeArticle

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Access Instruction 834.pdf
Size:
101.9 KB
Format:
Adobe Portable Document Format
Description:
Download

Collections

Accounting & Finance