Boardroom Diversity and Carbon Emissions
Evidence from the UK Firms
Bibliographic Data
| ID | 21465835 |
|---|---|
| Authors | Ishwar Khatri (0000-0003-0313-7734, Norwegian University of Science and Technology, corresponding author) |
| Year | 2024 |
| Volume | 195 |
| Issue | 4 |
| Pages | 899-920 |
| Publication date | 2024-12-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Business Ethics (JOURNAL) |
| Journal identifiers | ISSN: 0167-4544 • E-ISSN: 1573-0697 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s10551-024-05675-2 |
| OpenAlex | W4396727052 |
| Language | EN |
| Citations received | 2 |
| References cited | 71 |
This study provides comprehensive evidence on the link between boardroom diversity and reduction of carbon emissions. Analyzing data from a sample of 344 UK-listed non-financial and unregulated firms over the period from 2005 to 2021, our findings indicate that task-oriented (i.e., tenure) and structural (i.e., insider/outsider) board diversity are important for reducing corporate carbon emissions while relational diversity does not appear to be useful. Furthermore, the study explores the role of external carbon governance, such as the Paris Agreement, on firms with weaker internal governance structures. The findings reveal that external governance plays a critical role in curbing emissions when internal governance is not effective. Overall, our research offers valuable insights for management and regulatory bodies on the interplay between various governance mechanisms internal and external to a firm. This knowledge could guide them in determining the right mix and degree of diversity in the boardroom to achieve environmental goals
Business · Business ethics · Corporate governance · Economics · Environmental governance · Greenhouse gas · Insider · Management · Political science · Quality of Life Research · Corporate Finance and Governance · Corporate Social Responsibility Reporting · Gender Diversity and Inequality · Law · Accounting · Ecology · Finance
Gender diversity, board independence, environmental committee and greenhouse gas disclosure
Endogeneity and the dynamics of internal corporate governance
Corporate Governance, Board Diversity, and Firm Value
Do investors care about carbon risk?
Does CEO Risk-Aversion Affect Carbon Emission
Economic Policy Uncertainty and Climate Change
Board Diversity and Corporate Social Responsibility
Blind to carbon risk? An analysis of stock market reaction to the Paris Agreement
| Citations per year | 1 |
|---|---|
| Citation span | 2024 - 2026 (3) |
| Highly cited | No |