A5077309814- Environmental Sustainability in Business
- Corporate Social Responsibility Reporting
- Energy, Environment, Economic Growth
- Environmental Education and Sustainability
- Islamic Finance and Banking Studies
Korea Advanced Institute of Science and Technology
2021
Abstract We use religious background as a proxy for local risk‐taking attitudes and investigate whether geographical variation in religion affects corporate environmental responsibility (CER) with regards to cash policies profitability. conjecture that the presence of environmentally conscious firms would be higher areas more Catholics relative Protestants. Study data comprises largest publicly traded U.S.‐listed Newsweek's green rankings 2015–2016. scores concentration Catholic Protestant...
This study investigates the influence of local religious beliefs to evaluate managerial motives towards corporate environmental engagement, considering growing attention role external factors in shaping behavior. Using Newsweek’s green rankings largest publicly traded US firms by market capitalization from 2014–2016, we find that competent managers show a higher strategic preference for practices located low-Protestant or high-Catholic areas exhibiting risk and uncertainty, which tend...