Sustainable by Ideology? The Influence of CEO Political Ideology and Ivy League Education on ESG (Environmental, Social, and Governance) Performance DOI Creative Commons
Tim Heubeck,

Annina Ahrens

Business Strategy and the Environment, Journal Year: 2025, Volume and Issue: unknown

Published: March 3, 2025

ABSTRACT Building on upper echelons theory, this study posits that political ideology serves as a foundational factor influencing whether CEOs prioritize environmental, social, and governance (ESG) outcomes, whereas Ivy League education acts contextual moderates relationship. Analyzing data from S&P 900 manufacturing firms, the findings reveal liberal enhance ESG performance—particularly in social pillars—in contrast to their conservative counterparts. CEO ideology's effect performance does not depend graduated an institution. Instead, League–educated directly deter performance, possibly due specific values, perspectives, connections shaped by elite educational background. This contributes theory illuminating two critical microlevel factors—CEO education—that shape firms' strategy, offering valuable implications for boards stakeholders when selecting evaluating corporate leadership.

Language: Английский

How do ESG ratings promote digital technology innovation? DOI

P. Hao,

Samar S. Alharbi,

Ahmed Imran Hunjra

et al.

International Review of Financial Analysis, Journal Year: 2024, Volume and Issue: unknown, P. 103886 - 103886

Published: Dec. 1, 2024

Language: Английский

Citations

4
Risky firms, ESG and firm value: do women undertake a particular role? DOI
Habiba Al‐Shaer, Cemil Kuzey, Ali Uyar

et al.

Journal of Accounting Literature, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 21, 2025

Language: Английский

Citations

0
Effect of Financial Indicators on Corporate Social Responsibility: Evidence from Emerging Economies DOI Open Access

Assem Orazayeva,

Muhammad Arslan

Journal of risk and financial management, Journal Year: 2025, Volume and Issue: 18(3), P. 110 - 110

Published: Feb. 21, 2025

The relationship between corporate social responsibility (CSR) and financial performance remains a subject of ongoing debate, particularly regarding the determinants CSR in emerging economies. This study examines effect indicators on level responsibility. presents an integrated perspective to determine factors that can impact socially responsible behavior developing countries. We drew our sample from 110 firms 20 economies 2016 2020. applied instrumental variable estimation technique address potential endogeneity heterogeneity issues. results revealed is weak determinant regions. Additionally, enforcement mechanisms regulatory frameworks play significant role shaping behaviors. Contrary conventional assumptions, with higher organizational slack do not necessarily allocate additional resources toward initiatives. contributes literature by providing empirical insights into institutional drivers markets offers implications for policymakers, regulators, decision-makers aiming enhance business practices.

Language: Английский

Citations

0
Influence of Proactive ESG Strategies, Slack Resources, and Collective Brain on ESG Disclosure and Firm Value in Japanese Companies DOI Open Access

Takashi Sekimoto,

Azlan Amran

Corporate Social Responsibility and Environmental Management, Journal Year: 2025, Volume and Issue: unknown

Published: March 19, 2025

ABSTRACT This study examines the influence of firms' proactive ESG strategies (PESGS) and slack resources on disclosure quality firm value in Japanese companies, using a cross‐sectional sample 107 firms. The findings reveal that PESGS positively value, with mediating relationship between value. introduces concept collective brain, which moderates effect by fostering innovation through shared knowledge cultural diversity. Employing multi‐theory approach—the resource‐based view, dynamic capability theory, voluntary theory—this addresses gaps literature, offering insights into how practices create highlights importance strategic capabilities enhancing ESG, providing practical implications for managers, investors, academics aiming to align sustainability stakeholder expectations.

Language: Английский

Citations

0
Board characteristics and aggressive CSR engagement: Do CSR committees provoke or restrain? DOI
Ali Uyar, Habiba Al‐Shaer, Cemil Kuzey

et al.

Review of Quantitative Finance and Accounting, Journal Year: 2025, Volume and Issue: unknown

Published: April 13, 2025

Language: Английский

Citations

0
Sustainable by Ideology? The Influence of CEO Political Ideology and Ivy League Education on ESG (Environmental, Social, and Governance) Performance DOI Creative Commons
Tim Heubeck,

Annina Ahrens

Business Strategy and the Environment, Journal Year: 2025, Volume and Issue: unknown

Published: March 3, 2025

ABSTRACT Building on upper echelons theory, this study posits that political ideology serves as a foundational factor influencing whether CEOs prioritize environmental, social, and governance (ESG) outcomes, whereas Ivy League education acts contextual moderates relationship. Analyzing data from S&P 900 manufacturing firms, the findings reveal liberal enhance ESG performance—particularly in social pillars—in contrast to their conservative counterparts. CEO ideology's effect performance does not depend graduated an institution. Instead, League–educated directly deter performance, possibly due specific values, perspectives, connections shaped by elite educational background. This contributes theory illuminating two critical microlevel factors—CEO education—that shape firms' strategy, offering valuable implications for boards stakeholders when selecting evaluating corporate leadership.

Language: Английский

Citations

0