Document Type
Article
Publication Date
2025
Abstract
CEOs who participate in hunting and fishing benefit by appreciating natural environments and permanently consuming natural resources. We examine whether CEOs who hunt and fish make different environmental decisions and find that firms led by CEOs who obtain the most hunting and fishing licenses have lower environmental performance as measured by MSCI-KLD. This effect is strongest in the environmental category of climate change but also extends to pollution, waste, and the protection of natural capital. Furthermore, firms led by CEOs with the most hunting and fishing licenses are significantly more likely to pay a regulatory settlement for an environmental regulatory infraction.
Original Publication Citation
Covington, T., Swidler, S., & Yost, K. (2025). Hunting and fishing ceos: Environmental plunderers or saviors? Journal of Business Ethics, 197(2), 423–444. https://doi.org/10.1007/s10551-024-05744-6
Digital Commons @ LMU & LLS Citation
Covington, Thomas; Widler, Steve; and Yost, Keven, "Hunting and Fishing CEOs: Environmental Plunderers or Saviors?" (2025). Finance Faculty Works. 43.
https://digitalcommons.lmu.edu/fina_fac/43

