Does board independence affect environmental disclosures by multinational corporations? Moderating effects of national culture

被引：26
作者：
Cui, Xinjian [1 ]
Peng, Xuhui [1 ]
Jia, Jia [1 ]
Wu, Dongxiao [1 ]
机构：
[1] Cent Univ Finance & Econ, Sch Business, 39 South Coll Rd, Beijing 100081, Peoples R China
来源：
APPLIED ECONOMICS | 2020年 / 52卷 / 52期
基金：
中国国家自然科学基金;
关键词：
Board Independence; multinational corporations; national culture; content analysis; environmental disclosure; SOCIAL-RESPONSIBILITY; SUSTAINABILITY REPORTS; GOVERNANCE; PERFORMANCE; ASSOCIATION; ORIENTATION; ATTRIBUTES; OWNERSHIP; US;
D O I：
10.1080/00036846.2020.1770681
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Over the past two decades, corporate social responsibility has become an important topic in business practice research. In this study, we investigate the relationship between board independence and environmental disclosures made by multinational corporations (MNCs) and the moderating effects of national culture on that relationship. We empirically test these objectives with a data set of 151 MNCs based in China, Japan, the UK, and the USA, using content analysis and a new method for measuring environmental disclosures of MNCs. Results indicate (1) a significantly positive relationship between board independence and environmental disclosures for MNCs and (2) that masculinity and uncertainty avoidance negatively moderate this relationship, demonstrating the important role of culture in corporate disclosures.
引用
收藏
页码：5687 / 5705
页数：19
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