IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v60y2024i9p1956-1970.html
   My bibliography  Save this article

Do CEOs Realize the Negative Impact of Air Pollution? Evidence from Voluntary CEO Turnovers

Author

Listed:
  • Ying Hao
  • Zhe Lu
  • Chong Ning
  • Jiahuan Li
  • Zi Wei

Abstract

We examine whether air pollution surrounding corporate headquarters affects CEO turnover. We assume that CEOs tend to have higher quality of life requirements and are more sensitive to air pollution. Using the data of A-share listed companies in China from 2000 to 2019, we empirically find that compared to CEOs experiencing clean air, those exposed to air pollution are more likely to depart and relocate to areas with better air quality. Additionally, these results are more pronounced when CEOs come from relatively less polluted overseas regions and when firms are located in regions with a higher degree of economic development, and they operate in highly competitive industries. These findings expand upon the factors that influence CEO turnover and provide empirical evidence that regional air pollution will bring about the flow of human capital, or even the loss of talents.

Suggested Citation

  • Ying Hao & Zhe Lu & Chong Ning & Jiahuan Li & Zi Wei, 2024. "Do CEOs Realize the Negative Impact of Air Pollution? Evidence from Voluntary CEO Turnovers," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 60(9), pages 1956-1970, July.
    • Handle: RePEc:mes:emfitr:v:60:y:2024:i:9:p:1956-1970
    DOI: 10.1080/1540496X.2023.2293971
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2023.2293971
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2023.2293971?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:9:p:1956-1970. 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.