Gu, Yan; Ho (何), Kung-Cheng (恭政); Yan, Cheng - 2023
We investigate the impact of public environmental concern (PEC) on corporate green investments from the perspective of CEO turnover using the extreme event of PM 2.5 surge at the end of 2011 in China as a quasinatural experiment. Compared with non-heavily polluting companies, the probability of...