Devos, Erik; Feng, Zifeng; Thompson, Linh; Wei, Zuobao - In: International review of economics & finance : IREF 94 (2024), pp. 1-19
We examine the relation between a firm's environmental, social, and governance (ESG) performance and its CEO's founder status, an important but previously unexplored leadership attribute in this context. We find that founder-CEO-led firms exhibit superior ESG performance. We further document...