 Local environmental organizations and employee directors on the boardChune Young Chung and Irfan Haider Shakri The Quarterly Review of Economics and Finance, 2025, vol. 103, issue C Abstract: This research explores the impact of local non-governmental environmental organizations on board structures. Our results indicate that the intensity of such local organizations relates positively to the number of employee directors on the board. This finding suggests that a firm’s long-term orientation, influenced by local stakeholders, contributes to the development of sustainable board structures. We also analyze whether firms’ internal and external factors affect these organizations. The results show that the positive impact is stronger when local societies and corporate governance prioritize long-term goals. Thus, our findings align with social movement theory, suggesting that social initiatives motivate firms to enhance their social and environmental practices, ultimately fostering a long-term-oriented board structure. Keywords: Corporate environmental responsibility; Environmental disclosure; Local organization; Social movement theory; Employee director (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:quaeco:v:103:y:2025:i:c:s1062976925000754 DOI: 10.1016/j.qref.2025.102034 Access Statistics for this article The Quarterly Review of Economics and Finance is currently edited by R. J. Arnould and J. E. Finnerty More articles in The Quarterly Review of Economics and Finance from Elsevier |
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