BISBIS Working PapersCEO turnover risk and firmenvironmental performanceby Giulio Cornelli,Magdalena Erdem andEgon ZakrajsekMonetary and Economic DepartmentMay 2024JEL classification:D22,G30,G34,O31,Q55.Keywords:corporate finance,ESG,emissions,environmental innovation,short-terminism.BIS Working Papers are written by members of the Monetary and EconomicDepartment of the Bank for International Settlements,and from time to time by othereconomists,and are published by the Bank.The papers are on subjects of topicalinterest and are technical in character.The views expressed in them are those of theirauthors and not necessarily the views of the BIS.This publication is available on the BIS website(www.bis.org).Bank for International Settlements 2024.All rights reserved.Brief excerpts may bereproduced or translated provided the source is stated.ISSN 1020-0959 (print)ISSN 1682-7678 (online)