增选董事会对企业碳绩效的影响：来自财务材料行业的证据

IF 2.1 4区经济学 Q2 ECONOMICS

Economics Letters Pub Date : 2024-08-10 DOI:10.1016/j.econlet.2024.111910

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引用次数: 0

摘要

我们研究了增选董事会与企业碳绩效之间的关系。结果表明，增选董事会降低了财务重要行业的温室气体强度，而对非财务重要行业没有影响。对于财务材料型行业的企业，当我们将温室气体强度与研发投资进行交互时，这种关系是时变的，并且是正向的。这一结果表明，在董事会增选的情况下，研究与开发投资的分配是低效的。我们的研究结果使增选董事会对企业碳绩效的影响更加细致入微。

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The effect of co-opted boards on corporate carbon performance: Evidence from financially material industries

We examine the relationship between co-opted boards and corporate carbon performance. Results show that co-opted boards decrease GHG intensity in financially material industries with no effect in non-financially material industries. For firms in financially material industries, this relationship is time-variant and positive when we interact GHG intensity with R&D investments. This result posits inefficient R&D allocation in the presence of co-opted boards. Our findings bring a more nuanced picture concerning the influence of co-opted boards on corporate carbon performance.

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来源期刊

Economics Letters ECONOMICS-

CiteScore

3.20

自引率

5.00%

发文量

348

审稿时长

30 days

期刊介绍： Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.