Environmental Performance and Corporate Governance: Evidence from Japan

Autor: Syeda Humayra Abedin, Silima Subha, Mumtaheena Anwar, Md. Nurul Kabir, Yasean A. Tahat, Mohammed Hossain
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: Sustainability
Volume 15
Issue 4
Pages: 3273
ISSN: 2071-1050
DOI: 10.3390/su15043273
Popis: This study investigates the impact of corporate governance on corporate environmental performance among Japanese companies listed on the Tokyo Stock Exchange for the period 2006–2019. Using fixed-effects modelling for 4617 firm-year observations from 2006–2019, we demonstrate that board independence, board diversity, and the presence of environmental management committees are significantly associated with improved environmental performance. However, a large board reduces the environmental performance, and CEO duality does not appear to be a significant factor affecting a firm’s environmental performance. Additionally, we show a consistent result when we proxy environmental performance by total carbon emissions.
Databáze: OpenAIRE