dc.description.abstract | This study explores whether CEOs will bring their management style, especially ESG (environmental, social and corporate governance) performance to the new company before and after they change their companies. By analyzing the ESG performance of Taiwanese companies from 2006 to 2023, this study believes that CEOs will go to companies with similar ESG performance to their old companies, and whether the new CEO will bring the ESG performance of his past companies to the old company when he takes over the new company. Companies, and more experienced CEOs will have more prominent personal characteristics in the company′s ESG performance. Finally, when the company′s top management is replaced, there will be a negative correlation with the company′s past ESG performance. Empirical results show that there is no significant positive correlation between the ESG performance of the CEO′s old company in the past two years and the ESG performance of the new company in the past two years. However, the CEO will continue to improve the ESG performance of his former company in the first year after transferring to the new company. Planning, there is no significant positive correlation between experienced CEOs and the ESG performance of their old companies. When the company′s top management is replaced, the company′s past ESG performance shows an insignificant negative correlation. The contribution of this article to the academic community is to deepen the understanding of the relationship between CEO replacement and corporate ESG performance, and to provide reference for companies when selecting CEOs, emphasizing that candidates should pay attention to their ESG experience and achievements. | en_US |