We find a positive association between the general ability of chief executive officers (CEOs) and the magnitude of carbon emissions in carbon-emitting firms (CEFs). Furthermore, we find that generalist CEOs can influence carbon emission decisions reluctantly when CEFs’ transparency on...

We document evidence that the CEOs who lead the firms that face higher climate change risk (CCR) receive higher equity-based compensation. Our finding is consistent with the compensating-wedge-differential theory and survives numerous robustness and endogeneity tests. The result is more...

Using a sample of unscheduled stock options granted to CEOs of large Canadian firms, we find reliable evidence of option grants manipulation. Our results show that the introduction of the two-day filing requirement following the Sarbanes-Oxley Act (SOX) has eliminated backdating practice by...