ArticleFrontiers in psychology2020
CEO Tenure, CEO Compensation, Corporate Social and Environmental Performance in China: The Moderating Role of Coastal and Non-coastal Areas.
Article in Frontiers in psychology, 2020. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 7 papers.
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Who cites it
7 citing papers in PubMed.
- Does the "Tian-Ren-He-Yi" Belief System Promote Corporate Environmental Performance?Frontiers in psychology · 2022Article
- Burden or Blessing? CEO Early-Life Adversity Experience and Firm Internationalization Performance.Frontiers in psychology · 2022Article
- The intergenerational succession and financialization of Chinese family enterprises: Considering the influence of heirs' growing experience.Frontiers in psychology · 2022Article
- Does CEO tenure moderate the link between corporate social responsibility and business performance in small- and medium-sized enterprises?Frontiers in psychology · 2022Article
- How Toxic Workplace Environment Effects the Employee Engagement: The Mediating Role of Organizational Support and Employee Wellbeing.International journal of environmental research and public health · 2021Article
- Exploring the Relationship Between Corporate Social Responsibility, Trust, Corporate Reputation, and Brand Equity.Frontiers in psychology · 2021Article
- Understanding East-West Cultural Differences on Perceived Compensation Fairness Among Executives: From a Neuroscience Perspective.Frontiers in psychology · 2021Article
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Authors and funding
6 authors.
Funding
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Abstract
This study uncovers a new finding on the impact of CEO tenure on corporate social and environmental performance (CS&EP) in coastal and non-coastal areas of China using fixed-effect panel data regression models. The Two-Stage Least Squares instrumental panel regression is used to validate the veracity of the empirical results. To this end, we extract data from all non-financial Chinese listed firms for the period of 2009 to 2015. By applying the multivariant framework, the findings of the study exhibit a negative and significant effect of CEO tenure on CS&EP. Moreover, this study shows that firms with head offices in coastal areas of China tend to weaken the negative impact of CEO tenure on CS&EP, indicating that CS&EP is more focused in coastal areas of China than non-coastal ones. The findings suggest that the increase in CEOs' CS&EP in the early years of their service tenure tends to increase their compensation packages. This study is useful for policymakers to link CS&EP with firm economic practices to attain sustainable development objectives.
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