ESG risk, CEO education and gender: Evidence from Southeast Asia
Informasi
JurnalBusiness Strategy and Development, Business Strategy & Development
PenerbitJohn Wiley and Sons Inc, Business Strategy & Development 7 (4), e70034, 2024
Volume & EdisiVol. 7,Edisi 4
Halaman -
Tahun Publikasi2024
ISSN25723170
Jenis SumberScopus
Sitasi
Scopus: 2
Google Scholar: 3
PubMed: 3
Abstrak
This study explores the impact of a CEO's educational background from a top university on reducing corporate ESG risk and the potential moderating role of CEO gender. Using the QS World University Rankings (QS WUR) to define reputable universities, the research focuses on companies in ASEAN (Association of Southeast Asian Nations) countries, known for elevated ESG risks. Through Ordinary Least Squares (OLS) regression analysis, the results show that CEOs educated at top universities reduce ESG risk, while CEO gender does not moderate this relationship. The findings represent the importance of reputable universities as habitus to support the globalization of business and responsible management education, regardless the gender. The results also highlight the influence of educational background on corporate ESG performance, with significant implications for corporate strategy and CEO appointments. © 2024 ERP Environment and John Wiley & Sons Ltd.
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