Board gender diversity and environmental emissions

Khine Kyaw, Sirimon Treepongkaruna, Pornsit Jiraporn

Research output: Contribution to journalArticlepeer-review

33 Scopus citations

Abstract

The recent climate emergency declaration by many nations around the world signifies the severity of the impact of climate change. As an entity which consumes a large quantity of resources ranging from material to human, corporations have a responsibility to seriously tackle climate change. As a company's board of directors is typically responsible for developing business strategies, including environmental strategies, this paper explores whether gender diversity on corporate boards affect firms' emission performance. Consistent with diversity theory, we find that board gender diversity is positively associated with firms' emission reduction performance. The likelihood that a firm with a gender diverse board reduces environmental emission is 9% higher than its industry peers. To ensure that our results are robust to endogeneity, we conduct additional analyses including propensity score matching (PSM), entropy balancing, and instrumental-variable analysis.

Original languageEnglish (US)
Pages (from-to)2871-2881
Number of pages11
JournalBusiness Strategy and the Environment
Volume31
Issue number7
DOIs
StatePublished - Nov 2022

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Geography, Planning and Development
  • Strategy and Management
  • Management, Monitoring, Policy and Law

Fingerprint

Dive into the research topics of 'Board gender diversity and environmental emissions'. Together they form a unique fingerprint.

Cite this