IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v60y2024i11p2477-2496.html
   My bibliography  Save this article

Does Executives’ Compensation Stickiness Encourage Environmental Investments? An Environmental Attention-Based Perspective

Author

Listed:
  • Yeshen Liu
  • Zhengtang Zhang
  • Zhe Song

Abstract

This study explores the influence of executives’ compensation stickiness (ECS) on environmental investments in Chinese heavily polluting enterprises from 2009 to 2021. We find that ECS increases environmental investments by enhancing executives’ environmental attention. This positive impact is more significant in non-state-owned enterprises compared to state-owned enterprises (SOEs) and is more pronounced in companies with weaker local environmental supervision, lower local environmental investments, and less media supervision. Moreover, ECS enhances accounting information quality following environmental investments and also promotes the improvement of environmental performance and corporate value after such investments.

Suggested Citation

  • Yeshen Liu & Zhengtang Zhang & Zhe Song, 2024. "Does Executives’ Compensation Stickiness Encourage Environmental Investments? An Environmental Attention-Based Perspective," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 60(11), pages 2477-2496, September.
    • Handle: RePEc:mes:emfitr:v:60:y:2024:i:11:p:2477-2496
    DOI: 10.1080/1540496X.2024.2324190
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2024.2324190
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2024.2324190?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:60:y:2024:i:11:p:2477-2496. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.