Public environmental concern, CEO turnover, and green investment: Evidence from a quasi-natural experiment in China

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dc.contributor.authorGu, Yan
dc.contributor.authorHo, Kung-Cheng
dc.contributor.authorYan, Cheng
dc.contributor.authorGözgör, Giray
dc.date.accessioned2025-05-10T19:49:22Z
dc.date.issued2021
dc.departmentİMÜ, Fakülteler, Siyasal Bilgiler Fakültesi, Uluslararası İlişkiler Bölümü
dc.description.abstractWe investigate the impact of public environmental concern (PEC) on corporate green investments from the perspective of CEO turnover using the extreme event of PM 2.5 surge at the end of 2011 in China as a quasinatural experiment. Compared with non-heavily polluting companies, the probability of CEO turnover in heavily polluting ones has significantly increased amid the surge of PEC. Heavily polluting companies ease the pressure by increasing green investment. In addition to the hard regulative measures such as environmental regulations, the PEC as a form of soft regulation also makes corporate management more focused on environmental responsibility.
dc.description.sponsorshipNatural Science Foundation of China [71903199]; Zhejiang Provincial Natural Science Foundation of China [LZ20G010002]
dc.description.sponsorshipThis research was supported by Natural Science Foundation of China under Grant No. 71903199, and Zhejiang Provincial Natural Science Foundation of China under Grant No. LZ20G010002.
dc.identifier.doi10.1016/j.eneco.2021.105379
dc.identifier.issn0140-9883
dc.identifier.issn1873-6181
dc.identifier.scopus2-s2.0-85108101999
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org/10.1016/j.eneco.2021.105379
dc.identifier.urihttps://hdl.handle.net/20.500.14730/11991
dc.identifier.volume100
dc.identifier.wosWOS:000694892100039
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherElsevier
dc.relation.ispartofEnergy Economics
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WOS_20250302
dc.subjectPublic environmental concern
dc.subjectESG
dc.subjectCEO turnover
dc.subjectSmog
dc.subjectExtreme event
dc.titlePublic environmental concern, CEO turnover, and green investment: Evidence from a quasi-natural experiment in China
dc.typeArticle

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