A1 Refereed original research article in a scientific journal

CEO Managerial Ability and the Strategic Repetition of Climate Disclosures;




AuthorsRajabalizadeh, Javad

PublisherWiley

Publication year2026

Journal: Business Strategy and the Environment

Article numberbse.71084

ISSN0964-4733

eISSN1099-0836

DOIhttps://doi.org/10.1002/bse.71084

Publication's open availability at the time of reportingOpen Access

Publication channel's open availability Partially Open Access publication channel

Web address https://doi.org/10.1002/bse.71084

Self-archived copy’s web addresshttps://research.utu.fi/converis/portal/detail/Publication/523737908

Self-archived copy's licenceCC BY

Self-archived copy's versionPublisher`s PDF


Abstract

This study examines whether CEO managerial ability shapes the repetition of firms' climate-related disclosures in mandatory 10-K filings. Climate reporting is highly judgment based and central to firms' broader climate-risk management strategies, yet little is known about why some firms repeatedly use similar climate narratives and others revise them extensively. Using 12,533 US firm-year observations from 2005 to 2023, we measure climate-disclosure repetition through four dictionary-based similarity metrics and an AI-based semantic embedding approach. CEO ability is captured using an efficiency-adjusted managerial ability score. The results show that firms led by higher-ability CEOs provide more repetitive climate narratives over time. These findings remain robust across matching procedures, entropy balancing, within-year disclosure-alignment tests, lagged-ability models, and change-on-change specifications. Overall, the study highlights managerial capability as an important driver of firms' long-term climate-communication strategies and introduces intertemporal repetition as a novel dimension of climate-disclosure practice.


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Funding information in the publication
This work was supported by the Foundation for Economic Education (32-16841).


Last updated on 12/06/2026 01:06:06 PM