Does the Chief Executive Officer Green Experience Contribute to the Low-Carbon Transition of the Organisation?

Abstract

Abstract From the perspective of chief executive officer (CEO) green experience, this paper delves into the catalysts propelling corporate transitions toward lower carbon footprints, empirically evaluating these factors using listed company data from 2011 to 2020. The study reveals that CEO green experience contributes to diminishing corporate carbon intensity, thereby fostering the shift towards lower carbon operations. Notably, this finding persists even after subjecting the analysis to robustness tests. However, the impact of CEO green experience, while promoting corporate low-carbon transitions, is comparatively lesser than other influential factors. This discrepancy exhibits distinct variations within the ownership structure and pollution attributes of companies. Specifically, the significance of CEO green experience is more pronounced in non-state-owned enterprises and heavily polluting firms.