Article
Business
Ki-Hoon Lee, Donghoon Shin, Minwoo Lee
Summary: This paper examines the impact of business group (BG) affiliation on corporate sustainability performance (CSP) in emerging economies. Despite BGs' ability to protect their affiliate firms from external shocks and pressures by internalizing resources, they also face institutional pressures for enhanced CSP. The study suggests that BG affiliates generally have higher CSP than non-affiliated firms due to the stronger institutional pressures exerted on them by their unique roles and history in emerging economies. However, affiliate centrality and foreign ownership weaken the positive effect of BG affiliation on CSP in emerging economies due to agency behaviors exercised by BG firms in response to institutional pressures.
BUSINESS STRATEGY AND THE ENVIRONMENT
(2023)
Article
Business, Finance
Lisa Annita Bunclark, Gregory J. Scott
Summary: This study conducted an analysis of corporate water reporting in Peru and found that the majority of companies' practices are incomplete, emphasizing the need for more focus on local water resource management. The main drivers for corporate water reporting in Peru appear to be pressure from international markets, regulation, and normative issues.
SUSTAINABILITY ACCOUNTING MANAGEMENT AND POLICY JOURNAL
(2022)
Article
Green & Sustainable Science & Technology
Clement Cabral, Aghila Sasidharan
Summary: This study examines the impact of corporate governance mechanisms on corporate social performance and finds varying effects of board characteristics and ownership structure on corporate social responsibility in different countries. It supports stewardship theory and agency theory, highlighting the importance of firms' spending on corporate social responsibility activities to protect stakeholders' interests and fulfill their responsibilities towards society.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Business
Douglas A. Adu, Naheed N. Roni
Summary: Motivated by the attention on climate change, this study examines the relationship between corporate governance disclosure index, bank ownership structures, and bank climate change initiatives. The findings show that higher levels of corporate governance disclosure index are associated with more climate change initiatives. Additionally, ownership by institutional and foreign investors is linked to more climate change initiatives, while government ownership reduces them. Director ownership has no impact on climate change initiatives. The study also reveals that the association between bank ownership structures and climate change initiatives is moderated by the extent of the corporate governance disclosure index.
BUSINESS STRATEGY AND THE ENVIRONMENT
(2023)
Article
Green & Sustainable Science & Technology
Ashwani Kumar, Diptanshu Gaur, Yang Liu, Dheeraj Sharma
Summary: With the globalization and advancement of information technology, the management of waste electrical and electronic equipment (WEEE) has become a significant concern for electronic manufacturers. This study fills the gap by considering the perspective of multiple stakeholders to identify the enablers of sustainable WEEE management in India. The findings reveal that research and development capabilities, digitization, extended producer responsibility, monitoring of illegal import and dumping, environmental regulations and WEEE policies, and the use of green or cleaner technologies for waste recycling are the most significant causal enablers.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Business
Waris Ali, Zeeshan Mahmood, Jeffrey Wilson, Hina Ismail
Summary: This research examines the influence of sustainability governance attributes on comprehensive CSR reporting in Pakistan. The results showed that most sustainability governance mechanisms had a positive impact on comprehensive CSR reporting. The study highlights the significance of implementing sustainability governance mechanisms in developing countries and provides empirical evidence for the importance of internal corporate governance mechanisms in driving sustainability reporting agenda.
CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT
(2023)
Article
Business
Bindu Arya, Sven Horak, Sabine Bacouel-Jentjens, Kiran Ismail
Summary: This conceptual paper develops a theoretical framework to enhance focus on entrepreneurial sustainability initiatives in emerging economies. Using sense-making and social identity theory, this study identifies factors that motivate the next generation of business leaders in emerging economies to undertake sustainability initiatives. Leaders with greater entrepreneurial orientation are more likely to turn sustainability opportunities into novel initiatives by decoupling from local isomorphic pressures.
INTERNATIONAL JOURNAL OF EMERGING MARKETS
(2023)
Review
Green & Sustainable Science & Technology
Indah Fajarini Sri Wahyuningrum, Natasya Ghinna Humaira, Mochamad Arief Budihardjo, Indah Sekar Arumdani, Annisa Sila Puspita, Adranandini Noor Annisa, Annisa Mayang Sari, Hadrian Geri Djajadikerta
Summary: Stakeholders' awareness of corporate social responsibility has increased, with a focus on environmental sustainability disclosures. This study analyzes the literature from 2009 to 2021 in Asian countries to identify trends and themes in environmental sustainability disclosure research. The findings show that the research can be categorized into five major themes, including environmental disclosure, sustainable accounting and finance, corporate characteristics, sustainability governance, and sustainability reporting and performance.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Multidisciplinary Sciences
Bambang Tjahjadi, Noorlailie Soewarno, Febriani Mustikaningtiyas
Summary: The study investigates the impact of corporate governance on corporate sustainability performance using the Triple Bottom Line approach in a two-tier system. The results show that the size and education background of the board of commissioners and top management team have varying effects on economic, social, and environmental sustainability performance.
Article
Business
Rashid Zaman, Muhammad Bilal Farooq, Fahad Khalid, Zeeshan Mahmood
Summary: The study reveals that Australian companies lead their New Zealand counterparts in sustainability assurance, while audit committee characteristics such as independence and meeting attendance enhance sustainability assurance quality.
BUSINESS STRATEGY AND THE ENVIRONMENT
(2021)
Article
Environmental Studies
Mohd Alsaleh, A. S. Abdul-Rahim
Summary: The research findings suggest that increasing hydropower production leads to water quality degradation, while fossil fuels, economic growth, and population density contribute to water resource pollution. However, the presence of institutional quality can mitigate water quality degradation and pollution. It is recommended for EU27 nations to enhance the role of the hydropower industry to achieve Energy Union objectives and reduce water quality degradation.
ENERGY & ENVIRONMENT
(2022)
Article
Multidisciplinary Sciences
Saif Ullah, Abdul Majeed, Jozsef Popp
Summary: This study aims to evaluate the impact of internal and external factors on bank efficiency in Pakistan using the Data Envelopment Analysis Approach (DEA). The study finds that corporate governance, ultimate global ownership, and return on equity have a significant and positive influence on bank efficiency, while enterprise risk management and financial leverage have a negative impact. Better corporate governance and risk management can enhance the effectiveness and competitiveness of banks in the challenging banking environment.
Article
Business, Finance
Hyunjin Oh, Chune Young Chung, Amirhossein Fard
Summary: We argue that the effectiveness of active and passive blockholder monitoring in the Korean financial market is determined by the dominance of chaebols and the pressure sensitivity of institutional blockholders. We find that passive monitoring by domestic blockholders is most effective in improving earnings quality in Korea. Furthermore, the institutional context of Korea differs from that of developed economies, leading to different outcomes related to blockholder monitoring.
RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE
(2023)
Review
Business
Ina Karn, Esha Mendiratta, Kerstin Fehre, Jana Oehmichen
Summary: This article reviews the literature on corporate governance and corporate environmental sustainability, assessing the importance of different levels of CG actors. Using a theoretical framework, the article presents critical reflections on existing knowledge and develops a future research agenda.
BUSINESS STRATEGY AND THE ENVIRONMENT
(2023)
Article
Business
Patrick Velte
Summary: This study examines the impact of sustainable institutional investors (SII), based on their signatory status of the UN Principles for Responsible Investment (PRI), on corporate tax avoidance. It also analyzes the moderating effect of corporate sustainability performance (CSP). The results indicate that SII have a negative influence on tax avoidance, and this effect is strengthened by CSP.
CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT
(2023)