TY - JOUR

T1 - Does board composition have an impact on CSR reporting?

AU - Velte, Patrick

N1 - Publisher Copyright: © Irena Bakanauskiene, Rita Bendaravičiene, Laima Barkauske, 2017.

PY - 2017/6/7

Y1 - 2017/6/7

N2 - Corporate social responsibility (CSR) reporting plays a key role in management control, particularly in light of the increased demand for non-financial reporting after the financial crisis of 2008-2009. This literature review evaluates 47 empirical studies that concentrate on the influence of several board composition variables on the quantity and quality of CSR reporting. The author briefly introduces the research framework that underpins current empirical studies in this field. This is followed by a discussion of the main variables of board composition: (1) committees (audit and CSR committees), (2) board independence, (3) board expertise, (4) CEO duality, (5) board diversity (gender and foreign diversity), (6) board activity, and (7) board size. The author, then, summarizes the key findings, discusses the limitations of the existing research and offers useful recommendations for researchers, firm practice and regulators.

AB - Corporate social responsibility (CSR) reporting plays a key role in management control, particularly in light of the increased demand for non-financial reporting after the financial crisis of 2008-2009. This literature review evaluates 47 empirical studies that concentrate on the influence of several board composition variables on the quantity and quality of CSR reporting. The author briefly introduces the research framework that underpins current empirical studies in this field. This is followed by a discussion of the main variables of board composition: (1) committees (audit and CSR committees), (2) board independence, (3) board expertise, (4) CEO duality, (5) board diversity (gender and foreign diversity), (6) board activity, and (7) board size. The author, then, summarizes the key findings, discusses the limitations of the existing research and offers useful recommendations for researchers, firm practice and regulators.

KW - Management studies

KW - board composition

KW - board diversity

KW - board expertise

KW - board independence

KW - board of directors

KW - committees

KW - corporate governance

KW - corporate social responsibility

KW - CSR reporting

KW - Sustainability Science

KW - Gender and Diversity

UR - http://www.scopus.com/inward/record.url?scp=85024118631&partnerID=8YFLogxK

U2 - 10.21511/ppm.15(2).2017.02

DO - 10.21511/ppm.15(2).2017.02

M3 - Scientific review articles

VL - 15

SP - 19

EP - 35

JO - Problems and Perspectives in Management (PPM)

JF - Problems and Perspectives in Management (PPM)

SN - 1727-7051

IS - 2

ER -