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Female representation on boards and carbon emissions: International evidence

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  • Rjiba, Hatem
  • Thavaharan, Tharshan

Abstract

This paper examines the effect of board gender diversity on firms’ carbon emissions. Using a sample of firms from 43 countries during the 2005–2019 period, we establish that firms with more gender-diverse boards have a lower carbon footprint. Our results are shown to be robust for a battery of sensitivity checks, including the use of alternative definitions of board gender diversity, multiple estimation methods, inclusion of additional control variables, and potential endogeneity concerns.

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  • Rjiba, Hatem & Thavaharan, Tharshan, 2022. "Female representation on boards and carbon emissions: International evidence," Finance Research Letters, Elsevier, vol. 49(C).
    • Handle: RePEc:eee:finlet:v:49:y:2022:i:c:s1544612322003002
    DOI: 10.1016/j.frl.2022.103079
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    More about this item

    Keywords

    Carbon emissions; Board gender diversity; Corporate governance;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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