The Influence of Board Diversity and Environmental Committees on Carbon Emission Disclosures in Southeast Asian Corporations
Journal Title: Journal of Green Economy and Low-Carbon Development - Year 2024, Vol 3, Issue 1
Abstract
This investigation seeks to uncover empirical evidence concerning the correlation between board diversity—including gender and nationality diversity—and the establishment of environmental committees, in relation to carbon emission disclosures by firms in Southeast Asia over the period 2018 to 2022. Analysis was conducted on a dataset comprising 210 firm-year observations, selected through purposive sampling from companies listed on the FTSE4Good ASEAN Index 2023. Utilizing a multiple linear regression model, the study revealed that diversity in board nationality and the existence of environmental committees are positively associated with the level of carbon emission disclosures by companies. Conversely, the presence of women on boards (WOB) was found to have no significant impact on the disclosure of carbon emissions. This research enriches the existing body of literature by delivering empirical insights from the Southeast Asian context, thereby contributing to a nuanced understanding of how corporate governance mechanisms influence environmental transparency. The findings underscore the critical role of board nationality diversity and environmental committees in enhancing carbon emission disclosures, suggesting that these factors may serve as vital levers for improving corporate environmental accountability in the region. This study aligns with ongoing efforts to promote sustainable corporate practices and provides valuable implications for policymakers, corporate leaders, and stakeholders in environmentally sensitive industries.
Authors and Affiliations
Alfina Khairunnisa, Christina D. Astuti, Muhammadshaker A. Hussein
Keywords
Related Articles
- EP ID EP752461
- DOI https://doi.org/10.56578/jgelcd030103
- Views 9
- Downloads 0
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