Benefits of hypocrisy: Do managers gain more from greenwashing
W
Weixin Dong
Y
Youcai Yang
Y
Yan Chen
Abstract
This study finds that corporate greenwashing raises executive compensation. Mechanism analysis indicates that greenwashing enhances executive compensation by improving short-term performance and enhancing executive reputation. In addition, this effect is more pronounced in non-state-owned enterprises, companies with equity incentive plans, and firms that grant restricted stock.
Article Details
Journal
PLoS ONE
Volume / Issue
Vol. 21, Issue 7
Published
July 10, 2026
Pages
e0353235
ISSN
1932-6203
Publisher
Public Library of Science
Authors (3)
W
Weixin Dong
Y
Youcai Yang
Y
Yan Chen
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