Article2020

Assessing the interrelationship corporate environmental responsibility, innovative strategies, cognitive and hierarchical CEO : A stakeholder theory perspective

Syed Ghulam Meran Shah · Muddassar Sarfraz · Larisa Ivaşcu

66 citations0/0 files storedCorporate Social Responsibility and Environmental Management

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Corporate Social Responsibility Reporting Environmental Sustainability in Business Corporate Social Responsibility and Sustainability

Abstract

Abstract The objective of the study is to contemplate the effectiveness of cognitive CEO, hierarchical CEO, and innovative strategies on corporate environmental responsibility. Remarkably, the theoretical contribution has been revitalized while signifying the stakeholder theory perspective, which enunciates on the significance of corporate environmental responsibility. For empirical analysis, the data have been collected from the 1,070 listed Chinese firms for the year 2015–2019. The contributable concept of cognitive CEO has been formulated through CEO tenure, education, goodwill, and attainment of tacit knowledge while employing the DAE statistical technique. Hierarchical CEO and its three categorizations have been formulated by analyzing listed companies' profiles. Meanwhile, corporate environmental responsibility has been formulated, signifying the nine environmental attributes. It has been examined that innovative strategies boost corporate environmental responsibility, but its intensity is weak. Specifically, empirical underpinnings also envisage the cognitive CEO as compared to hierarchical CEO or medium hierarchical CEO, the vigorous promoter of corporate environmental responsibility.

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References

1995Toward a New Conception of the Environment-Competitiveness Relationship 1995A Natural-Resource-Based View of the Firm 1995A Natural-Resource-Based View of the Firm 2000Social Identity and Self-Categorization Processes in Organizational Contexts 2014Managerial cognitive capabilities and the microfoundations of dynamic capabilities 2014Environmental and social disclosures: Link with corporate financial performance 2013Difference in degrees: CEO characteristics and firm environmental disclosure 2015CEO Overconfidence and Stock Price Crash Risk

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