Does Board Composition Influence CSR Reporting? A meta-analysis

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

A variety of empirical studies analyzed the impact of board attributes on corporate social responsibility (CSR) reporting with mixed results during the last decade. In view of this heterogeneity and increased relevance, we conduct a meta-analysis on 51 empirical-quantitative studies and include board independence, the absence of CEO duality, gender diversity and board size as key board attributes. We find that board independence and gender diversity are positively linked with CSR reporting. Furthermore, we examine whether this relationship is moderated by country-specific governance aspects (shareholder protection, legal enforcement, and code law regime). We find that board independence and gender diversity are stronger related to CSR reporting in countries with a higher range of shareholder protection and higher legal enforcement strength. We do not find any evidence for a moderator effect of code law regimes. To analyze the sensitivity of our study, we differentiate between CSR reporting measures (individual disclosure scores versus external CSR disclosure ratings) and publication quality of our included papers (journals of the ABS ranking) and found robust results. Recommendations for future research practice and regulation will be discussed.
Original languageEnglish
JournalCorporate Ownership & Control
Volume16
Issue number2
Pages (from-to)48-59
Number of pages12
ISSN1727-9232
DOIs
Publication statusPublished - 01.01.2019

Documents

DOI

Recently viewed

Publications

  1. Assembly history modulates vertical root distribution in a grassland experiment
  2. The 1986 Principles Relating to Remote Sensing of the Earth from Outer Space (RS Princi­ples)
  3. Explosive behaviour and long memory with an application to European bond yield spreads
  4. Systematic learning in water governance: insights from five local adaptive management projects for water quality innovation
  5. What if this was a piece of art
  6. Diversity and specificity of host-natural enemy interactions in an urban-rural interface
  7. Quantitative determination on hot tearing in Mg-Al binary alloys
  8. A new method for collecting agile tiger beetles by live pitfall trapping
  9. Likelihood-based panel cointegration test in the presence of a linear time trend and cross-sectional dependence
  10. The utility of macroecological rules for microbial biogeography
  11. The Economic Value of Clickstream Data From an Advertiser's Perspective
  12. The contralateral effects of foam rolling on range of motion and muscle performance
  13. An Extended Kalman Filter as an Observer in a Sliding Mode Controller for a Metal-Polymer Composite Actuator
  14. Microstructure and hardness evolution of laser metal deposited AA5087 wall-structures
  15. Working time dimensions and well-being
  16. art thinking doing art: Artistic Practices in Educational Contexts from 1900 to Today
  17. Workforce age trends and projections
  18. Eine strukturelle Version der Theorie der Statusinkonsistenz
  19. Preservice teachers’ competency development and opportunities to learn in teaching multilingual learners in Germany
  20. How to determine the pion cloud of the constituent quark
  21. Inexistent Ink
  22. Assessing pre-travel online destination experience values of destination websites
  23. Regulation of morally responsible agents with motivation crowding
  24. Knowledge acquisition and development in sustainability-oriented small and medium-sized enterprises
  25. Destinationsmanagement 3.0 – Auf dem Weg zu einem neuen Aufgabenverständnis
  26. Building collective institutional infrastructures for decent platform work: The development of a crowdwork agreement in Germany
  27. There is no software, there are just services
  28. Cross-Border Knowledge Transfer in the Digital Age
  29. Recurrence-based diagnostics of rotary systems