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Who really cares about the environment? CEOs’ military service experience and firms’ investment in environmental protection

Bibliographic Data

ID21259515
AuthorsYongqiang Gao (0000-0003-2562-6803, Huazhong University of Science and Technology), Yingli Wang (0000-0001-5630-9558, Huazhong University of Science and Technology, corresponding author), Miaohan Zhang (0000-0002-1731-5012, Huazhong University of Science and Technology)
Year2021
Volume30
Issue1
Pages4-18
Publication date2021-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueBusiness Ethics, the Environment & Responsibility (JOURNAL)
Journal identifiersISSN: 2694-6416 • E-ISSN: 2694-6424
PublisherWiley (PUBLISHER • GB)
DOI10.1111/beer.12320
OpenAlexW3093337437
LanguageEN
Citations received8
References cited61

Prior literature suggests that the chief executive officer (CEO) plays a significant role in a firm's environmental performance or voluntary pro‐environmental behaviors; we extend this line of research to examine the effect of CEOs’ military service experience on firms’ investment in environmental protection. Drawing upon the insights of imprinting theory, we argue that military service experience may instill in CEOs pro‐environmental values such as duty, self‐discipline, self‐sacrifice, and sense of community, which motivate them to adopt pro‐environmental behaviors such as investing more resources in environmental protection. However, we argue that the effects of pro‐environmental values imprinted on CEOs through military service are likely to vary across regions. In regions where the market is more developed and the local value system has experienced greater exposure to the impact of foreign values, and in regions where firms are more concerned about profit, this effect is likely to be attenuated. An analysis of three waves of a nationwide survey of private firms in China using the Tobit regression model supports these predictions. This study makes a unique contribution to the existing literature by linking a firm's pro‐environmental behaviors (i.e., environmental protection investment) to its CEO’s experiences in early life (i.e., military service experience)

Business · Economics · Microeconomics · Military service · Political science · Public relations · Tobit model · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Sustainable Supply Chain Management · Marketing

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Unique citing works8
Citations per year2
Citation span2022 - 2025 (4)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 8

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