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Board gender diversity and environmental performance

An industries perspective

Bibliographic Data

ID19600565
AuthorsJing Lü (0000-0001-5766-2775, Gordon S. Lang School of Business and Economics University of Guelph Guelph Ontario Canada, corresponding author), Irene M Herremans (0000-0003-2865-5650, Haskayne School of Business University of Calgary Calgary Alberta Canada)
Year2019
Volume28
Issue7
Pages1449-1464
Publication date2019-05-31
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueBusiness Strategy and the Environment (JOURNAL)
Journal identifiersISSN: 0964-4733 • E-ISSN: 1099-0836
PublisherWiley (PUBLISHER • GB)
DOI10.1002/bse.2326
OpenAlexW2947302123
LanguageEN
Citations received36
References cited118

This study investigates whether gender diversity on the board of directors in the United States is associated with firms' environmental performance. Under the theoretical framework of resource dependence theory, we argue that gender diversity brings a greater variety of skills to the board. Diversity allows for a healthy mix of knowledge and experience to improve the decision‐making process of the board. Using propensity score matching and controlling for endogeneity, this study uses a more rigorous statistical model than previous work. It also uses content analysis of directors' biographies to provide evidence of the role that gender diversity plays. We find gender diversity is positively associated with firms' environmental performance scores primarily in the more environmentally impacting industries. Therefore, our research provides valuable direction for those firms working to improve both their boards' gender diversity and their environmental performance. Our findings also offer insight into the mixed results of previous studies

Business · Corporate governance · Econometrics · Economics · Endogeneity · Gender diversity · Industrial organization · Management · Propensity score matching · Sociology · Statistics · Computer Science · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Gender Diversity and Inequality · Psychology · Marketing

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Unique citing works36
Citations per year6
Citation span2020 - 2026 (7)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 36
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