Do CEO career dynamics matter in environmental management? New evidence from the United Kingdom

Abstract

AbstractThis study examines the impact of CEO career dynamics (including CEO tenure, CEO horizon and CEO seasons) on environmental management within the UK context. Unlike the previous studies that have primarily focused on corporate social performance, we instead examine these relations within the environmental management context. We posit and detect that CEO tenure has a positive nonlinear association with environmental management, indicating that CEOs' interest in environmental issues diminishes over time. We also provide evidence that CEO horizon has a positive impact on environmental management. Finally, as regards CEO seasons, we provide limited support that CEOs in their ‘convergence’, and ‘Response to mandate and experimentation’ stages are associated with environmental management. These results hold important implications for both firms and policymakers in the United Kingdom.