TY - JOUR

T1 - Sustainable board governance and sustainable supply chain reporting.

T2 - European evidence

AU - Velte, Patrick

N1 - Publisher Copyright: © 2023, Emerald Publishing Limited.

PY - 2023/12/20

Y1 - 2023/12/20

N2 - Purpose: This paper aims to investigate the impact of sustainable board governance, based on (1) sustainability board committees, (2) critical mass of female board members and (3) sustainability-related executive compensation, on sustainable supply chain reporting (SSCR). Design/methodology/approach: Based on stakeholder and critical mass theories, a sample of 1,577 firm-year observations for firms listed at the EuroSTOXX600 for the period 2017–2021 is used. Sustainable board governance and SSCR proxies are collected from the Refinitiv database. Correlation and logit regression analyses are conducted to measure the impact of sustainable board governance on SSCR. Findings: Sustainable board governance significantly improves SSCR. The findings are robust to various robustness checks, based on the modification of dependent and independent variables. Research limitations/implications: Due to massive regulations on sustainability reporting, finance and corporate governance, firms listed on the EuroSTOXX 600 are focused in this analysis. The European capital market represents a unique setting for archival research. Practical implications: European standard setters should connect the relationship between sustainable board governance and SSCR in future regulations, for example, due to the recent corporate sustainability reporting directive (CSRD) and corporate sustainability due diligence directive (CSDDD). Originality/value: To the best of the author’s knowledge, this paper provides the first analysis on the impact of sustainable board governance on SSCR.

AB - Purpose: This paper aims to investigate the impact of sustainable board governance, based on (1) sustainability board committees, (2) critical mass of female board members and (3) sustainability-related executive compensation, on sustainable supply chain reporting (SSCR). Design/methodology/approach: Based on stakeholder and critical mass theories, a sample of 1,577 firm-year observations for firms listed at the EuroSTOXX600 for the period 2017–2021 is used. Sustainable board governance and SSCR proxies are collected from the Refinitiv database. Correlation and logit regression analyses are conducted to measure the impact of sustainable board governance on SSCR. Findings: Sustainable board governance significantly improves SSCR. The findings are robust to various robustness checks, based on the modification of dependent and independent variables. Research limitations/implications: Due to massive regulations on sustainability reporting, finance and corporate governance, firms listed on the EuroSTOXX 600 are focused in this analysis. The European capital market represents a unique setting for archival research. Practical implications: European standard setters should connect the relationship between sustainable board governance and SSCR in future regulations, for example, due to the recent corporate sustainability reporting directive (CSRD) and corporate sustainability due diligence directive (CSDDD). Originality/value: To the best of the author’s knowledge, this paper provides the first analysis on the impact of sustainable board governance on SSCR.

KW - Sustainability sciences, Management & Economics

KW - sustainabel board committees

KW - Board gender diversity

KW - sustainabele corporate governance

KW - sustainability-related compensation

KW - sustainability reporting

KW - sustainable supply chain

KW - Management studies

UR - http://www.scopus.com/inward/record.url?scp=85179950903&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/0553fb24-d089-3098-8372-e91e9e11f8fc/

U2 - 10.1108/JSMA-07-2023-0189

DO - 10.1108/JSMA-07-2023-0189

M3 - Journal articles

JO - Journal of Strategy and Management

JF - Journal of Strategy and Management

SN - 1755-425X

ER -