Does Cultural Diversity of Board of Directors Affect Corporate Environmental Performance? Evidence From the Energy Sector

Autor:	Eugenio D’Angelo, Lucia Michela Daniele, Nicola Varrone, Francesco Gangi
Přispěvatelé:	Varrone, N., D'Angelo, E., Gangi, F., Daniele, L. M.
Rok vydání:	2020
Předmět:	business.industry Cultural diversity Energy (esotericism) Common law Board Cultural Diversity Corporate Environmental Performance Energy firms Institutional context Accounting Sample (statistics) Business Affect (psychology) Energy sector Panel data
Zdroj:	European Scientific Journal ESJ. 16
ISSN:	1857-7431 1857-7881 2013-2018
DOI:	10.19044/esj.2020.v16n28p287
Popis:	This paper has a twofold objective. First, it intends to investigate if and how the cultural diversity of the board of directors affects the corporate environmental performance of energy firms. Second, it aims at verifying if the relationship between board cultural diversity and corporate environmental performance varies across different legal systems. To address this topic, panel data methodology was used on a sample of 153 firms operating in the energy sector, from 32 countries, over the period 2013-2018. The findings suggest that a higher board’s cultural heterogeneity positively affects corporate environmental performance. Moreover, the study reveals that this link is stronger among energy firms from civil law countries compared to energy firms from common law countries.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b0fffc458802ec1f5ed58e0b7b380a19 https://doi.org/10.19044/esj.2020.v16n28p287 Zobrazit plný text záznamu