posted on 2025-03-17, 14:36authored byChristian Hofmann, Rafael Zacherl
CEO integrity influences greenwashing—voluntary environmental disclosures that do not reflect actual performance. While a strong green reputation benefits firms, misleading disclosures can harm a CEO’s credibility. Low-integrity CEOs are more likely to engage in greenwashing, while high-integrity CEOs avoid reputational risks. Investors and ESG analysts consider CEO integrity when assessing disclosures, impacting stock returns and ESG ratings. CEO integrity may help explain ESG rating divergence.
History
Language
English
Format
.pdf and online resource
Rights Statement
Copyright, Accountability in a Sustainable World Quarterly, CARE Center for Accounting Research and Education