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Título: Are gender and cultural diversities on board related to corporate CO2 emissions?
Fecha de publicación: 10-jun-2022
Editorial: Elsevier
Cita bibliográfica: Journal of Cleaner Production 363 (2022) 132638
ISSN: 0959-6526
Palabras clave: Sustainable development
CO2 emissions
Board gender diversity
Board cultural diversity
Developed and developing markets
Gender policies
Resumen: This paper aims to explore whether the female share on the boards of directors of companies influences CO2 emissions in both developed and emerging markets. Furthermore, the influence of cultural diversity on the board of directors on CO2 emissions is analysed. A sample of companies belonging to the MSCI and MSCI Emerging Market indices in Europe over ten years (2010–2019) was analysed using regression models with panel data. The results demonstrate that in both developed and developing markets, the ratio of women to men on the board of directors is inversely related to the company’s CO2 emissions, which support legitimacy theory in two aspects: it fulfils the right to equality and non-discrimination for women, and it also reduces CO2 emissions. In general, cultural diversity had a negative influence on CO2 emissions. This research is relevant for policymakers and managers seeking to improve sustainability and equality policies in companies. If gender equality in corporate monitoring roles is environmentally beneficial for the planet, legislators will support quota policies. In addition, shareholders will have an incentive to implement gender equality policies, as they will legitimise the company in the eyes of society, which has economic benefits. On a practical level, this work will contribute to achieving gender equality in corporate governance and improve the understanding of factors influencing CO2 emissions to the environment. This study contributes to previous research since it is the first time that developed and emerging countries have been analysed with the same methodology in relation to gender and CO2 emissions. Moreover, this research differentiates between emission-sensitive and insensitive sectors, and it is the only study to carry out a sector-by-sector and a country-by-country analysis. Furthermore, cultural diversity on corporate boards has been scarcely studied so far in relation to CO2 emissions.
Autor/es principal/es: Santos Jaén, José Manuel
Valls Martínez, María del Carmen
Soriano Román, Rafael
Martín Cervantes, Pedro Antonio
Facultad/Departamentos/Servicios: Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Economía Financiera y Contabilidad
Versión del editor: https://www.researchgate.net/publication/361237870_Are_gender_and_cultural_diversities_on_board_related_to_corporate_CO2_emissions
URI: http://hdl.handle.net/10201/135435
DOI: https://doi.org/10.1016/j.jclepro.2022.132638
Tipo de documento: info:eu-repo/semantics/article
Número páginas / Extensión: 17
Derechos: info:eu-repo/semantics/openAccess
Attribution-NonCommercial-NoDerivatives 4.0 International
Descripción: ©2022. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the published version of a Published Work that appeared in final form in Journal of Cleaner Production. To access the final edited and published work see https://doi.org/10.1016/j.jclepro.2022.132638
Aparece en las colecciones:Artículos: Economía Financiera y Contabilidad

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