Board Composition and Social & Environmental Accountability: A Dynamic Model Analysis of Chinese Firms

Muhammad Kaleem Khan, R. M. Ammar Zahid, Adil Saleem and Judit Sági
Additional contact information
Muhammad Kaleem Khan: School of Economics and Management, East China Jiaotong University, Nanchang 330013, China
R. M. Ammar Zahid: School of Economics and Finance, Xi’an Jiaotong University, Xi’an 710049, China
Adil Saleem: Doctoral School of Economics and Regional Sciences, Hungarian University of Agriculture and Life Sciences, H-2100 Gödöllő, Hungary
Judit Sági: Faculty of Finance and Accountancy, Budapest Business School, University of Applied Sciences, H-1149 Budapest, Hungary

Sustainability, 2021, vol. 13, issue 19, 1-18

Abstract: This research contributes to the existing corporate governance (CG) and social and environmental accountability (SEA) literature by exploring the impact of CG mechanisms (board independence, board size, CEO duality, and board gender diversity) on Chinese firms’ environmental performance, sustainability performance, and environmental information disclosures (EID). Furthermore, the investigation consequently ascertains the amount to which the CG–SEA connection is influenced by CEO qualities. Using a dynamic model of a SysGMM regression model, we found that board size, independence, and gender diversity in board and CEO duality are all favorably connected to Chinese enterprises’ environmental performance over a window of 10 years (2010–2019). Additionally, our findings imply that the analyzed CEO characteristics positively moderate the relationship between CG and SEA. Our findings have significant consequences for all stakeholders, including environmentalists, corporate regulators, CEOs, policymakers, and regulators.

Keywords: corporate governance; board composition; CEO duality; environmental performance; sustainability performance; environmental information disclosures (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.mdpi.com/2071-1050/13/19/10662/pdf (application/pdf)
https://www.mdpi.com/2071-1050/13/19/10662/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:19:p:10662-:d:643082

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().