Corporate governance and environmental performance : is there really a link?

Corporate governance scholars are increasingly interested in firms’ social and environmental performance. Empirical research in this area, however, has moved forward in an uncoordinated fashion, producing fragmented and contradictory results. Our paper seeks to address this situation by adopting a f...

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Bibliographic Details
Main Authors: Walls, Judith L., Berrone, Pascual, Phan, Phillip H.
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2014
Subjects:
Online Access:https://hdl.handle.net/10356/100816
http://hdl.handle.net/10220/19591
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Institution: Nanyang Technological University
Language: English
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Summary:Corporate governance scholars are increasingly interested in firms’ social and environmental performance. Empirical research in this area, however, has moved forward in an uncoordinated fashion, producing fragmented and contradictory results. Our paper seeks to address this situation by adopting a fact-based research approach that comprehensively explores the link between corporate governance and environmental performance. Specifically, we aim to understand how the relationships between and among the firm’s owners, managers and board of directors influence environmental performance. We are particularly interested in understanding the interactions among these three key sets of actors. In the end, we offer some observations about governance practices and discuss the implications for theory.