Board of director attributes and CSR engagement in emerging economy firms: Evidence from across Asia

Abdullah Al-Mamun and Michael Seamer

Emerging Markets Review, 2021, vol. 46, issue C

Abstract: This study investigates the relationship between the board of director attributes and corporate social responsibility (CSR) engagement across a sample of Asian emerging economy firms. We find a statistically positive relationship between CSR engagement and several directors' attributes including their political influence, international experience, business expertise, other directorships held and independence from management. These empirical results indicate that while corporate governance recommendations designed for developed economy firms are relevant for emerging economy firms, additional director attributes are also important in encouraging CSR engagement in emerging economy firms given the divergent institutional and resource dependency issues they face.

Keywords: Corporate social responsibility; Board of director attributes; Corporate governance; Emerging economy firms (search for similar items in EconPapers)
JEL-codes: G30 M40 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:46:y:2021:i:c:s1566014120300996

DOI: 10.1016/j.ememar.2020.100749

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