The mediating role of carbon emissions in the relationship between the board attributes and ESG performance: European evidence

IF 3.8 Q2 BUSINESS
Amneh Al Kurdi, Hamzeh Al Amosh, S. F. Khatib
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引用次数: 4

Abstract

PurposeThis study seeks to investigate the impact of board attributes on environmental, social and governance (ESG) performance, along with exploring the mediating role of carbon emissions in this relationship.Design/methodology/approachTo address this objective, the panel data approach was used to analyze the data were collected from 1,621 European companies from 2017 to 2021.FindingsThis study shows that board gender diversity, audit committee independence, expertise and board meeting attendance help enhance ESG performance. On the contrary, board size and composition do not affect ESG performance. The findings also showed that board gender diversity, audit committee independence, expertise and board meeting attendance are negatively related to carbon emissions performance. However, board size is related positively to carbon emissions performance. This indicates that the larger boards of directors may have diverse experiences that enhance the environmental performance of companies. Furthermore, the finding showed companies that contribute to lowering carbon emissions are more willing to improve their ESG performance. Also, carbon emissions mediate the relationship between the board's attributes and ESG performance.Originality/valueThe study's results have significant implications for firm managers in enhancing the efficiency of board decisions in determining environmental practices that matter to various groups of stakeholders. In addition, this study provides valuable input to regulators and policymakers regarding strengthening the regulations and controlling tools that enhance environmental performance.
碳排放在董事会属性与ESG绩效关系中的中介作用:欧洲证据
目的本研究旨在调查董事会属性对环境、社会和治理(ESG)绩效的影响,并探讨碳排放在这种关系中的中介作用。设计/方法/方法为了实现这一目标,使用小组数据方法分析了2017年至2021年从1621家欧洲公司收集的数据。研究结果表明,董事会性别多样性、审计委员会独立性、专业知识和董事会会议出席率有助于提高ESG绩效。相反,董事会规模和组成并不影响ESG业绩。研究结果还表明,董事会性别多样性、审计委员会独立性、专业知识和董事会会议出席率与碳排放绩效呈负相关。然而,董事会规模与碳排放绩效呈正相关。这表明,规模较大的董事会可能有不同的经验,可以提高公司的环境绩效。此外,研究结果表明,有助于降低碳排放的公司更愿意提高其ESG绩效。此外,碳排放在董事会属性和ESG绩效之间起着中介作用。独创性/价值该研究的结果对企业管理者在提高董事会决策效率方面具有重要意义,以确定对不同利益相关者群体重要的环境实践。此外,这项研究为监管机构和政策制定者提供了宝贵的投入,以加强监管和控制工具,提高环境绩效。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
9.80
自引率
19.20%
发文量
61
期刊介绍: The EuroMed Journal of Business (EMJB) is the premier publication facilitating dialogue among researchers from Europe and the Mediterranean. It plays a vital role in generating and disseminating knowledge about various business environments and trends in this region. By offering an up-to-date overview of emerging business practices in specific countries, EMJB serves as a valuable resource for its readers. As the official journal of the EuroMed Academy of Business, EMJB is committed to reflecting the economic growth seen in the European-Mediterranean region. It aims to be a focused and targeted business journal, highlighting environmental opportunities, threats, and marketplace developments in the area. Through its efforts, EMJB promotes collaboration and open dialogue among diverse research cultures and practices. EMJB serves as a platform for debating and disseminating research findings, new research areas and techniques, conceptual developments, and practical applications across various business segments. It seeks to provide a forum for discussing new ideas in business, including theory, practice, and the issues that arise within the field.
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