
doi: 10.1002/bse.4353
ABSTRACT Amidst conflicting perspectives on the impact of CEO age on the adoption of risky strategies with long‐term environmental consequences, this study investigates the relation between CEO age and green innovation performance. Leveraging a 12‐year dataset of Chinese listed firms, we find that older CEOs promote higher levels of green innovation than their younger counterparts. This effect is more pronounced in firms with intense industry competition, extensive green coverage, high media visibility, state‐owned status, and restricted managerial ownership. We identify increased CEO power, enhanced managerial ability, and environmental consciousness as potential mechanisms through which older CEOs influence green innovation. Our research underscores the importance of understanding underlying strategic decisions in assessing the impact of managerial traits. Policymakers may consider implementing measures to retain and recruit older CEOs within organizations to bolster sustainability initiatives.
[SHS.GESTION] Humanities and Social Sciences/Business administration
[SHS.GESTION] Humanities and Social Sciences/Business administration
| selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 12 | |
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| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Top 10% |
