Do Diversity in Board Drive Environmental, Social and Governance Disclosure? ASEAN Banking Sector Evidence
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 08
Abstract
The study examines the impact of board of director on Environmental, Social and Governance disclosure and each pillar (E,S,G) practice of ASEAN bank companies. The board diversity variabels such as age, tenure and gender were used. The sample consists of 58 companies listed in stock exchanges of each country for 2022 and panel data regressions is used for analysis. The study finds that the board diversity variabels age improve ESG disclosure and each pillar E S G. Variabel tenure dan gender tidak berpengaruh terhadap semua variabel dependen. This study is important due to following reasons, firstly ESG issues are important and global, the lack of ESG disclosure makes the increasing factors even more important. Secondly this study uses a more advanced Bloomberg ESG scores as well as individual environment, social and governance scores to measure the ESG disclosure and each pillar. Finally the research results support the Upper Echelons Theory that strategies to focus organizational efforts on specific areas such as ESG disclosure deployment originate and are reinforced by the organization's board.
Authors and Affiliations
Fransisca Y Bukarim , Wahyu Widarjo,
Keywords
Related Articles
- EP ID EP741550
- DOI 10.47191/jefms/v7-i8-02
- Views 25
- Downloads 0
The Effect of Growth of Net Premium, Claim Ratio, RBC, and Retention Ratio on the Financial Performance of Insurance Companies in the ASEAN Region
This research aims to find out the constraints that can affect the financial performance of insurance service companies in the ASEAN region that are currently running. Insurance companies operating in the ASEAN Region ca...
The Effect of Public Satisfaction in Public Services with Variables Mediated By Perceptions of Uu No.33 and 34 of 1964 (Case Research at Pt.Jasa Raharja as the Represent of Surabaya)
The purpose of the reseach was to determine the effect of public satisfaction on public services at PT.Jasa Raharja as the represent of Surabaya which was mediated by the perception of the insurance constitution (UU no 3...
How Competence, Training, and Career Development Affect the Achievement of Airfield Adisutjipto Jogjakarta Members
The competence efforts of air force members require the proper processing of human resources, so that the desired competencies can be achieved in accordance with expectations. Factors that will affect the competence of m...
Analyzing the Determinants of Trade Balance: An Empirical Investigation of Indonesia's Economic Dynamics
The study investigates the determinants of Indonesia's trade balance focusing on five key factors: money supply, foreign direct investment, exchange rate, carbon dioxide emissions, and government expenditure. Utilizing s...
The Impact of Directors with Foreign Experience and Foreign Institutional Ownership on Tax Avoidance
The objective of this study is to investigate how directors with foreign experience and foreign institutional ownership affect tax avoidance in Indonesia. The samples for this study were manufacturing sector companies li...