Improving executive compensation in the fossil fuel sector to influence green behaviours

Crichton, R., Shrivastava, P., Walker, T., Farhidi, F., Weeratunga, V. and Renwick, D. ORCID: 0000-0001-6819-5746, 2022. Improving executive compensation in the fossil fuel sector to influence green behaviours. German Journal of Human Resource Management: Zeitschrift für Personalforschung. ISSN 2397-0022 (Forthcoming)

Text 1573747_Renwick.pdf - Accepted version Restricted to Repository staff only Download (1MB)

Abstract

The effects of climate change are being felt around the world, and the calls to mitigate are growing louder. In hopes of responding to this call, we examine strategic compensation practices as innovative solutions for tackling climate change. We employ a fixed panel analysis and examine organizational data from an array of global fossil fuel organizations – arguably the principal climate change contributors. Our findings suggest that executive stock-option compensation oriented around a three-year or more vesting period will enhance green behaviors. The contributions of this study add to the green human resource management literature in that they offer new perspectives on how compensation practices can be best used to enhance green behaviors and also clarify key misconceptions related to linking sustainability targets to compensation.

Item Type:	Journal article
Publication Title:	German Journal of Human Resource Management: Zeitschrift für Personalforschung
Creators:	Crichton, R., Shrivastava, P., Walker, T., Farhidi, F., Weeratunga, V. and Renwick, D.
Publisher:	Sage
Date:	23 July 2022
ISSN:	2397-0022
Identifiers:	Number Type 1573747 Other
Divisions:	Schools > Nottingham Business School
Record created by:	Jonathan Gallacher
Date Added:	10 Aug 2022 10:00
Last Modified:	10 Aug 2022 10:00
URI:	https://irep.ntu.ac.uk/id/eprint/46854

Actions (login required)

Edit View

Views

Downloads