The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
Big Egos Can Be Green: A Study of CEO Hubris and Environmental Innovation
Abstract
This paper examines whether and to what extent CEO personal traits (hubris, in particular) affect firm environmental innovation. Using the overarching theoretical framework of upper‐echelons theory, the paper builds on the insights from the corporate strategy, innovation, and corporate social responsibility literatures. We also examine the moderating role of firm‐specific features (e.g. organizational slack) and the external environment (e.g. market uncertainty) in this context. Based on a sample of UK companies operating in sensitive industries, we find that CEO hubris facilitates the engagement in green innovative projects. We also find that CEO hubris does not have a uniform effect: its effect on environmental innovation increases with the organizational slack, but weakens with the extent of environmental uncertainty. Our findings suggest that availability of resources per se is not enough to produce environmental innovation. Instead, it requires a stable external environment that enables the CEO with a hubristic personality to make a correct use of them.
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Cites
Power in Top Management Teams: Dimensions, Measurement, and Validation
Finkelstein, S. (1992) · Academy of Management Journal · doi:10.5465/256485 · Cited by 2,389
Chatterjee, A., & Hambrick, D. C. (2007) · Administrative Science Quarterly · doi:10.2189/asqu.52.3.351 · Cited by 2,074
The role of environmental disclosures as tools of legitimacy: A research note
Cho, C. H., & Patten, D. M. (2007) · Accounting, Organizations and Society · doi:10.1016/j.aos.2006.09.009 · Cited by 2,069
Damanpour, F., & Schneider, M. (2006) · British Journal of Management · doi:10.1111/j.1467-8551.2006.00498.x · Cited by 1,296
Narcissism, confidence, and risk attitude
Campbell, W. K., Goodie, A. S., & Foster, J. D. (2004) · Journal of Behavioral Decision Making · doi:10.1002/bdm.475 · Cited by 854
Difference in degrees: CEO characteristics and firm environmental disclosure
Lewis, B. W., Walls, J. L., & Dowell, G. W. S. (2014) · Strategic Management Journal · doi:10.1002/smj.2127 · Cited by 713
de Luque, M. S., Washburn, N. T., Waldman, D. A., & House, R. J. (2008) · Administrative Science Quarterly · doi:10.2189/asqu.53.4.626 · Cited by 340
Cited by
Zhang, J., Liang, G., Feng, T., Yuan, C., & Jiang, W. (2020) · Business Strategy and the Environment · doi:10.1002/bse.2349 · Cited by 499
Chen, X., Yi, N., Zhang, L., & Li, D. (2018) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2018.03.257 · Cited by 459
Rodríguez-Espíndola, O., Cuevas-Romo, A., Chowdhury, S., Díaz-Acevedo, N., Albores, P., Despoudi, S., Malesios, C., & Dey, P. (2022) · International Journal of Production Economics · doi:10.1016/j.ijpe.2022.108495 · Cited by 459
CEO hometown identity and firm green innovation
Ren, S., Wang, Y., Hu, Y., & Yan, J. (2021) · Business Strategy and the Environment · doi:10.1002/bse.2652 · Cited by 303
The influence of corporate social responsibility on investment efficiency and innovation
Cook, K. A., Romi, A. M., Sánchez, D., & Sánchez, J. M. (2019) · Journal of Business Finance & Accounting · doi:10.1111/jbfa.12360 · Cited by 283
Metadata
- Authors
- Arena, C., Michelon, G., & Trojanowski, G.
- Venue
- British Journal of Management
- Publisher
- Wiley
- Published
- 2017-11-15
- Volume
- 29
- Issue
- 2
- Pages
- 316-336
- ISSN
- 1045-3172 (ISSN-L)
- 1467-8551
- OpenAlex
- W2747209831
- Cited by
- 412
- References
- 7
- FWCI
- 18.32
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
