An Analysis of the Effect of Board Gender Diversity on the Environmental Behavior of Brazilian Firms

Eduarda Miller de Figueiredo (), André Chagas, Daniel Uhr () and Julia Gallego Ziero Uhr ()

No 2021_11, Working Papers, Department of Economics from University of São Paulo (FEA-USP)

Abstract: The aim of this study is to test the hypothesis that the presence of the female gender in the composition of the board of directors of business companies affects the environmental behavior of Brazilian companies. Identified data from the Annual List of Social Information (RAIS) are used, which are cross-checked with data from environmental infraction records from the Brazilian Institute of the Environment and Natural Resources (IBAMA) for the period from 2011 to 2015. The identification strategy it is based on the method of Poisson e Probit. The results show that the presence of women in management positions reduces the number of notices of environmental infractions and the likelihood of notices of infractions being drawn up against Brazilian firms for violations of environmental legislation.

Keywords: Environmental Infraction; Gender Diversity; Poisson; Probit (search for similar items in EconPapers)
JEL-codes: J16 K32 Q56 (search for similar items in EconPapers)
Date: 2021-03-25
New Economics Papers: this item is included in nep-env
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