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Women on the corporate board of directors and corporate sustainability disclosure
- Source :
- Corporate Board: Role, Duties & Composition, Vol 13, Iss 2, Pp 32-37 (2017)
- Publication Year :
- 2017
- Publisher :
- Virtus Interpress, 2017.
-
Abstract
- This research examined whether an improved participation of women in the board of directors has any relationship with sustainability disclosure. Accordingly, the objective of this research was to examine the relationship between the number of women on the board of directors and social investment disclosure and energy disclosure in the sample of companies. The paper used a quantitative approach and data were collected from the archives of sustainability reports of five companies that formed the sample. The panel-data regression analysis was used in data arrangement. Five sample of companies over five years produced a (5 x 5) panel resulting in 25 observations. Data was tested at an alpha of 0.05. Results from all the analysis showed a P value below the research alpha (P < 0,05) indicating a significant relationship. Therefore, findings from the panel-data regression analysis disclosed a positive relationship between the number of women on the board of directors and corporate disclosure on social investment and energy consumption. Further analysis also disclosed that women on the board of directors are related with the overall number of women employees in the company. The paper concludes that within the sample of companies, women on the board of directors may influence sustainability disclosure such as energy and social investment. Women on the board of directors might also assist the companies to achieve gender equity employment goals. The research recommends that given the unique social and environmental proclivity of women, the corporate should recruit more women in the boards to enhance accelerated corporate sustainability performance. Further research using expanded number of companies is recommended.
- Subjects :
- Finance
Board of Directors
business.industry
Corporate governance
05 social sciences
Stakeholder
Corporate Boards
Accounting
06 humanities and the arts
lcsh:Business
0603 philosophy, ethics and religion
Women on the Board
Corporate sustainability
Social Investment Disclosure
0502 economics and business
Corporate law
Sustainability Disclosure
Gender Equity on the Board
060301 applied ethics
Business and International Management
Energy Disclosure
lcsh:HF5001-6182
business
Composition (language)
050203 business & management
Subjects
Details
- ISSN :
- 23122722 and 18108601
- Volume :
- 13
- Database :
- OpenAIRE
- Journal :
- Corporate Board role duties and composition
- Accession number :
- edsair.doi.dedup.....e9ca4d085c78de9d7fa673d08cfc1b70