Corporate governance, law, culture, environmental performance and CSR disclosure: A global perspective☆

ABSTRACT: This paper investigates the impact of corporate governance and culture background on firms’ environmental performance and CSR disclosure from a global perspective. It provides evidence of a positive relationship between environmental performance and CSR disclosure, supporting the voluntary disclosure theory. We find that common internal corporate governance best practices (such as CEO non-duality, ESG committees and gender diversified boards) are associated with better environmental performance and more disclosure of CSR related information. Debt is an effective internal governance vehicle and positively affects firms’ environmental performance and CSR disclosure. Cross-listed firms perform better environmentally and disclose more CSR information. Firms residing in countries with stronger

SUBMITTER: Lu J 

PROVIDER: S-EPMC7550273 | biostudies-literature | 2020 Oct

REPOSITORIES: biostudies-literature