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We study the relationship between corporate governance and firms' environmental innovation. Exploiting changes in antitakeover legislation in the US, we show that worse governed firms generate fewer green patents relative to all their innovations. This negative effect is greater for firms with a...
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We study successions from a non-family CEO back to a family CEO, which we label “Type-R” successions. In our sample of 489 Italian family firms experiencing the departure of nonfamily CEOs, these successions represent 42% of all cases. Our difference-in-differences results indicate that...
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We analyze the effect of CEO education on environmental decision-making. Using a unique sample of Danish firms from 1996 to 2012, we find that CEO education significantly improves firms' energy efficiency. We seek to derive causality using health shocks: the hospitalization of highly educated...
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