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An Analysis of the Effect of Board Gender Diversity on the Environmental Behavior of Brazilian Firms

Author

Listed:
  • Eduarda Miller de Figueiredo
  • Andre Luis Squarize Chagas
  • Daniel de Abreu Pereira Uhr
  • Julia Gallego Ziero Uhr

Abstract

The aim of this study is to test the hypothesis that the presence of the female gender in the composition of the board of directors of business companies affects the environmental behavior of Brazilian companies. Identified data from the Annual List of Social Information (RAIS) are used, which are cross-checked with data from environmental infraction records from the Brazilian Institute of the Environment and Natural Resources (IBAMA) for the period from 2011 to 2015. The identification strategy it is based on the method of Poisson e Probit. The results show that the presence of women in management positions reduces the number of notices of environmental infractions and the likelihood of notices of infractions being drawn up against Brazilian firms for violations of environmental legislation.

Suggested Citation

  • Eduarda Miller de Figueiredo & Andre Luis Squarize Chagas & Daniel de Abreu Pereira Uhr & Julia Gallego Ziero Uhr, 2021. "An Analysis of the Effect of Board Gender Diversity on the Environmental Behavior of Brazilian Firms," Working Papers, Department of Economics 2021_11, University of São Paulo (FEA-USP).
    • Handle: RePEc:spa:wpaper:2021wpecon11
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    File URL: http://www.repec.eae.fea.usp.br/documentos/Figueiredo_Chagas_Uhr_Uhr_11WP.pdf
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    More about this item

    Keywords

    Environmental Infraction; Gender Diversity; Poisson; Probit;
    All these keywords.

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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