Board gender diversity and transparency of environmental, social and governance disclosure: Evidence from Malaysia

Wasiuzzaman, Shaista; Mohammad, Wan Masliza Wan

doi:10.1002/mde.3099

Cited by 111 publications

(170 citation statements)

References 60 publications

Supporting

Mentioning

144

Contrasting

Unclassified

Order By: Relevance

“…Previous studies also find significant positive effects of board gender diversity on ESG performance of firms in the context of Gulf Cooperation Council (GCC) countries (Arayssi et al, 2020), German-Austrian settings (Velte, 2016), Europe (Kyaw et al, 2017) and in an international context (Boulouta, 2013). In the context of emerging economy countries, the effect of board gender diversity on the ESG performance shows significant positive impact (Khan et al, 2019;Wasiuzzaman and Wan Mohammad, 2020). Wasiuzzaman and Wan Mohammad (2020) studies the impact of board gender diversity and ESG performance of Malaysian firms and reports a positive association.…”

Section: Board Gender Diversitymentioning

confidence: 95%

“…In the context of emerging economy countries, the effect of board gender diversity on the ESG performance shows significant positive impact (Khan et al, 2019;Wasiuzzaman and Wan Mohammad, 2020). Wasiuzzaman and Wan Mohammad (2020) studies the impact of board gender diversity and ESG performance of Malaysian firms and reports a positive association. Khan et al (2019) also find similar results while studying the effect of gender on CSR practices of Pakistani firms.…”

Section: Board Gender Diversitymentioning

confidence: 99%

See 1 more Smart Citation

Board gender diversity and environmental, social and governance performance of US banks: moderating role of environmental, social and corporate governance controversies

Shakil

Tasnia

Mostafiz

2020

IJBM

View full text Add to dashboard Cite

PurposeGender diversity in corporate boards is broadly studied in existing corporate governance literature. However, the role of board gender diversity on environmental, social and governance (ESG) performance of the banks is still unaccounted for. Drawing on resource dependence and legitimacy theory, this study addresses this pressing research issue. Moreover, investigation of ESG controversies as a moderator paves the existing corporate governance research to the new avenues.Design/methodology/approachData were sourced from Refinitiv database on 37 US banks from the period of 2013 to 2017. This study employs static and dynamic panel regression models that include random effects, fixed effects and dynamic generalised method of moments (GMMs) to test the hypotheses. Furthermore, system GMM is used to reduce the issue of endogeneity, measurement error, omitted variables bias and bank-specific heterogeneity.FindingsWe identify a significant positive relationship between board gender diversity and the ESG performance of US banks. However, the result propounds non-significant moderating effect of ESG controversies on the board gender diversity–ESG performance nexus.Originality/valueLiterature on board gender diversity and ESG separately and predominantly explains firm/bank's financial performance. This study is one of the pioneering attempts to explain the role of board gender diversity on ESG performance. Although incremental, however, this study also contributes to the literature on ESG in the US context.

show abstract

Section: Board Gender Diversitymentioning

confidence: 95%

Section: Board Gender Diversitymentioning

confidence: 99%

Board gender diversity and environmental, social and governance performance of US banks: moderating role of environmental, social and corporate governance controversies

Shakil

Tasnia

Mostafiz

2020

IJBM

View full text Add to dashboard Cite

show abstract

“…Nickell (1981) shows that the FE estimator produces an inconsistent estimation of the effect of past performance on present performance. The problem is that the transformed lagged performance measure is now correlated with the transformed error (Verbeek, 2012).…”

Section: [Place Table 1 Here]mentioning

confidence: 99%

Do women on corporate boards influence corporate social performance? A control function approach

Đặng

Houanti

Sahut³

et al. 2021

Finance Research Letters

View full text Add to dashboard Cite

We examine if women on corporate boards (WOCB) influence a firm's corporate social performance (CSP). To do this, we utilize stakeholder theory. From an empirical standpoint, we use the control function (CF) approach suggested by Wooldridge ( 2015), which takes into account the issue of endogeneity raised in the literature (namely, omitted variables, reverse causality, and dynamic endogeneity). Using a sample of firms from the S&P 500 between 2004 and 2015, we find that WOCB have a positive and significant effect (at the 5% level) on CSP. We compare our results to more traditional approaches (pooled OLS, the fixed-effects model, and system GMM). We shed light on an issue that is still considered controversial (Byron and Post, 2016).

show abstract

“…A review of prior studies that evaluated the CSR disclosures of companies revealed that a majority of these studies focused primarily on the quantity of disclosures provided in company annual reports (e.g., Bhatia & Chander, 2014;Cahan et al, 2016;Ali et al, 2017;Nurleni & Bandang, 2018;Wasiuzzaman & Wan Mohammad, 2020). Other studies focused on the quality of CSR disclosures provided by companies (e.g., Chauvey et al, 2015;Noronha et al, 2015;Muttakin & Subramaniam, 2015).…”

Section: Csr Disclosuresmentioning

confidence: 99%

Evaluating the Corporate Social Responsibility Disclosure of Nigeria’s Most Profitable Companies

Samuel¹,

Zubairu²,

Abubakar³

2020

TIJAB

View full text Add to dashboard Cite

This study evaluated Corporate Social Responsibility (CSR) disclosure in the most profitable companies in Nigeria, a review was carried out on the annual reports and websites of the five most profitable companies in Nigeria according to the market cap list 2018. This research focused on the quantity and quality of CSR disclosures, provided by these companies. The method of analysis used was content analysis. The result of this study revealed that from the three dimensions constituting Community disclosure, Environmental disclosure and Human Resource disclosure, Community disclosure was the most disclosed dimension from the top profitable companies in Nigeria. Findings revealed that these companies disclosed a lot about the different CSR activities they had undertaken within the span of one year, but the quality of these disclosures were relatively low. CSR disclosure should be encouraged by the Nigerian government by publicly recognizing companies who disclose CSR activity, this will motivate other companies to practice and disclose CSR.

show abstract

Board gender diversity and transparency of environmental, social and governance disclosure: Evidence from Malaysia

Cited by 111 publications

References 60 publications

Board gender diversity and environmental, social and governance performance of US banks: moderating role of environmental, social and corporate governance controversies

Board gender diversity and environmental, social and governance performance of US banks: moderating role of environmental, social and corporate governance controversies

Do women on corporate boards influence corporate social performance? A control function approach

Evaluating the Corporate Social Responsibility Disclosure of Nigeria’s Most Profitable Companies

Contact Info

Product

Resources

About