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Board Gender Diversity and Corporate Response to Sustainability Initiatives: Evidence from the Carbon Disclosure Project

Journal of business ethics, 2017-05, Vol.142 (2), p.369-383 [Peer Reviewed Journal]

Springer Science+Business Media Dordrecht 2017 ;Springer Science+Business Media Dordrecht 2015 ;Journal of Business Ethics is a copyright of Springer, 2017. ;ISSN: 0167-4544 ;EISSN: 1573-0697 ;DOI: 10.1007/s10551-015-2759-1

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Title:
Board Gender Diversity and Corporate Response to Sustainability Initiatives: Evidence from the Carbon Disclosure Project
Author: Ben-Amar, Walid ; Chang, Millicent ; McIlkenny, Philip
Subjects: Boards of directors ; Business and Management ; Business Ethics ; Carbon ; Carbon offsets ; Climate change ; Corporate governance ; Corporate responsibility ; Education ; Effectiveness ; Ethics ; Females ; Gender ; Gender equity ; Governance ; Greenhouse gases ; Institutional investments ; Interest groups ; Investors ; Management ; Measurement ; Multiculturalism & pluralism ; Philosophy ; Quality of Life Research ; Representation ; Stakeholder management ; Stakeholders ; Sustainability ; Sustainability management ; Women
Is Part Of: Journal of business ethics, 2017-05, Vol.142 (2), p.369-383
Description: This paper investigates the effect of female representation on the board of directors on corporate response to stakeholders' demands for increased public reporting about climate change-related risks. We rely on the Carbon Disclosure Project as a sustainability initiative supported by institutional investors. Greenhouse gas emissions measurement and its disclosure to investors can be thought of as a first step toward addressing climate change issues and reducing the firm's carbon footprint. Based on a sample of publicly listed Canadian firms over the period 2008-2014, we find that the likelihood of voluntary climate change disclosure increases with women percentage on boards. We also find evidence that supports critical mass theory with regard to board gender diversity. These findings reinforce initiatives being undertaken around the world to promote gender diversity in corporate governance while demonstrating board effectiveness in stakeholder management.
Publisher: Dordrecht: Springer
Language: English
Identifier: ISSN: 0167-4544
EISSN: 1573-0697
DOI: 10.1007/s10551-015-2759-1
Source: ProQuest One Psychology
AUTh Library subscriptions: ProQuest Central

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Board Gender Diversity and Corporate Response to Sustainability Initiatives: Evidence from the Carbon Disclosure Project

Springer Science+Business Media Dordrecht 2017 ;Springer Science+Business Media Dordrecht 2015 ;Journal of Business Ethics is a copyright of Springer, 2017. ;ISSN: 0167-4544 ;EISSN: 1573-0697 ;DOI: 10.1007/s10551-015-2759-1

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