Short-Term Earnings Goals Drive More Pollution, Especially for Green Companies
Yale SOM’s Frank Zhang and Jacob Thomas suspected that firms might increase their pollution when they’re struggling to meet earnings targets—and in new research, they and their co-authors found that indeed they do. What surprised them was who was most likely to engage in this pattern: the firms with a history of environmental responsibility. TheYale SOM’s Frank Zhang and Jacob Thomas suspected that firms might increase their pollution when they’re struggling to meet earnings targets—and in new research, they and their co-authors found that indeed they do. What surprised them was wh...