Ghafoor, Abdul; Šeho, Mirzet; Sifat, Imtiaz - 2022
This paper examines whether a higher proportion of co-opted board members following a CEO’s accession translates to greater climate change-related risk for the firm. Investigating 12,101 US-based firm-year observations from 2002-2014, we discover that firms with a higher level of co-opted...