European firms’ corporate biodiversity disclosures and board gender diversity from 2002 to 2016
| Autor: | Michael John Jones, Faizul Haque |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Strategic planning
Resource dependence theory Public economics Gender diversity Impact assessment Biodiversity accounting 05 social sciences Biodiversity Corporate biodiversity initiatives Sample (statistics) 050201 accounting AF Accountability Sustainability and Governance Board gender diversity EU biodiversity strategy GRI Dummy variable Accounting 0502 economics and business Business Institutional theory 050203 business & management |
| Zdroj: | Haque, F & Jones, M J 2020, ' European firms’ corporate biodiversity disclosures and board gender diversity from 2002 to 2016 ', British Accounting Review . https://doi.org/10.1016/j.bar.2020.100893 |
| Popis: | We examine how board gender diversity is associated with biodiversity disclosures of a firm, and whether the Global Reporting Initiative (GRI) and the EU biodiversity strategy reinforce this relationship. Using institutional theory and resource dependency theory, our sample comprises 4013 firm-year observations from European corporations covering data from 2002 to 2016. We use panel regressions with country, time and industry dummy variables to analyse the disclosure of biodiversity initiatives (DBI) and logit regressions to explain biodiversity impact assessment (BIA). We find that board gender diversity is positively associated with the DBI and BIA of a firm, and that the GRI framework and the EU biodiversity strategy positively moderate this relationship. Moreover, the GRI framework and the EU strategic plan show positive relationship with the DBI, rather than BIA. Altogether, our evidence suggests that corporate boards with a higher proportion of female directors are more sensitive to the concerns of institutional pressures and respond to those concerns by increasing corporate biodiversity disclosures. Overall, we find that firms tend to comply with the GRI framework and the EU 2020 strategy by undertaking symbolic biodiversity disclosures, rather than providing a comprehensive disclosure of their impacts on biodiversity. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|