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Chief Executive Officer (CEO) and corporate environmental sustainability: A systematic literature review and avenues for future research

Chief Executive Officer (CEO) and corporate environmental sustainability: A systematic literature review and avenues for future research
Chief Executive Officer (CEO) and corporate environmental sustainability: A systematic literature review and avenues for future research

Environmental sustainability has gained significant importance for organizations, highlighting the crucial role of business leaders in addressing environmental degradation. However, the connection between chief executive officer (CEO) characteristics and environmental sustainability remains understudied in academic literature. Understanding this relationship is crucial, considering the significance of environmental sustainability in organizational strategies. This paper presents the first systematic literature review (SLR) on this topic, aiming to identify gaps and opportunities for future research. The SLR analysed 139 studies on the CEO–environmental sustainability relationship. The findings indicate a recent increase in research activity, particularly peaking in 2022 and focusing on China and the United States. Most studies employed upper echelons theory and examined the influence of CEO demographic characteristics on environmental performance. However, less attention has been given to CEO psychological traits, such as personality and ethical leadership, and environmental disclosure. Furthermore, qualitative aspects of environmental disclosure, including reporting tone, readability and specificity, have received less attention. The findings offer valuable insights for academics, practitioners and policymakers. Recommendations for future research include exploring the impact of CEO psychological traits and environmental disclosure on a firm's environmental sustainability. Additionally, studying cross-country and cross-industry differences in this relationship is encouraged. This study makes a significant contribution to the field by shedding light on the crucial and relevant topic of environmental sustainability and its association with CEO characteristics, providing valuable insights to guide future research and inform decision-makers.

CEO, CEO demographic characteristics, CEO psychological characteristics, corporate environmental sustainability, environmental disclosure, environmental performance
0964-4733
1977-2003
Mahran, Karim
62741cdd-a5ef-40f0-9f98-4b1408f947e5
Elamer, Ahmed A.
41f0a000-ef97-4e6b-b741-d755def01823
Mahran, Karim
62741cdd-a5ef-40f0-9f98-4b1408f947e5
Elamer, Ahmed A.
41f0a000-ef97-4e6b-b741-d755def01823

Mahran, Karim and Elamer, Ahmed A. (2024) Chief Executive Officer (CEO) and corporate environmental sustainability: A systematic literature review and avenues for future research. Business Strategy and the Environment, 33 (3), 1977-2003. (doi:10.1002/bse.3577).

Record type: Article

Abstract

Environmental sustainability has gained significant importance for organizations, highlighting the crucial role of business leaders in addressing environmental degradation. However, the connection between chief executive officer (CEO) characteristics and environmental sustainability remains understudied in academic literature. Understanding this relationship is crucial, considering the significance of environmental sustainability in organizational strategies. This paper presents the first systematic literature review (SLR) on this topic, aiming to identify gaps and opportunities for future research. The SLR analysed 139 studies on the CEO–environmental sustainability relationship. The findings indicate a recent increase in research activity, particularly peaking in 2022 and focusing on China and the United States. Most studies employed upper echelons theory and examined the influence of CEO demographic characteristics on environmental performance. However, less attention has been given to CEO psychological traits, such as personality and ethical leadership, and environmental disclosure. Furthermore, qualitative aspects of environmental disclosure, including reporting tone, readability and specificity, have received less attention. The findings offer valuable insights for academics, practitioners and policymakers. Recommendations for future research include exploring the impact of CEO psychological traits and environmental disclosure on a firm's environmental sustainability. Additionally, studying cross-country and cross-industry differences in this relationship is encouraged. This study makes a significant contribution to the field by shedding light on the crucial and relevant topic of environmental sustainability and its association with CEO characteristics, providing valuable insights to guide future research and inform decision-makers.

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Accepted/In Press date: 7 September 2023
e-pub ahead of print date: 1 October 2023
Published date: 7 March 2024
Keywords: CEO, CEO demographic characteristics, CEO psychological characteristics, corporate environmental sustainability, environmental disclosure, environmental performance

Identifiers

Local EPrints ID: 494191
URI: http://eprints.soton.ac.uk/id/eprint/494191
ISSN: 0964-4733
PURE UUID: 3bdfe9b8-6410-434e-baeb-b173a24e9529
ORCID for Karim Mahran: ORCID iD orcid.org/0009-0007-0849-7874

Catalogue record

Date deposited: 26 Sep 2024 17:09
Last modified: 01 Oct 2024 02:14

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Contributors

Author: Karim Mahran ORCID iD
Author: Ahmed A. Elamer

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