本研究主要探討女性經理人與氣候變遷之間的關係，即性別造成的決策差異是否也會反應在氣候變遷議題上。本文探討女性高階經理人是否實際重視氣候變遷相關議題、風險、機會，並延伸探討關注氣候變遷議題、風險、機會等的女性CEO 在合作夥伴上，原物料供應商、客戶、併購對象的選擇，是否也會傾向去挑選較沒有氣候變遷風險的來合作。以及研究女性經理人持有現金與關注氣候變遷議題、機會、政策風險、實體風險的關係，公司是否在面臨不確定性時會有囤積現金的預防動機。實證結果顯示，女性經理人對於氣候變遷議題更加關注；女性經理人在面對未來不確定風險時，會持有更多現金來因應風險；女性經理人在選擇合作夥伴(供應商、客戶、併購對象)時會選擇氣候變遷政策風險較低做為合作夥伴。;This paper mainly examines the relationship between female chief executive officers (CEOs) and climate change. Does gender difference play a role for their climate related decision making? Will female CEOs pay more attention to climate related issues? I thus explore whether female CEOs actually pay attention to climate change-related issues, risks, and opportunities. Moreover, extend the discussion on the choice of partners for female CEOs. Will there choose fewer climate change risk partners for cooperation? In addition, this paper studies the relationship between female CEOs′ cash holdings and concerns about climate change issues and whether companies have a precautionary motivation to hoard cash when faced with uncertainty. The empirical results show that female CEOs pay more attention to the issue of climate change, and female CEOs will hold more cash to deal with risks when facing uncertain risks in the future. The female CEOs will choose a partner with a lower risk of climate change regulations as a partner.
