Board of directors and environmental practices: the effect of board experience, culture, and tenure
[EN]This study analyses whether board diversity in terms of gender and culture, as well as members’ experience and tenure, has a positive influence on the undertaking of environmental practices. The analysis was performed on a broad sample of international companies from 29 countries, on the basis o...
| Autores: | , |
|---|---|
| Formato: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2025 |
| País: | España |
| Recursos: | Universidad de Salamanca (USAL) |
| Repositorio: | GREDOS. Repositorio Institucional de la Universidad de Salamanca |
| OAI Identifier: | oai:gredos.usal.es:10366/169792 |
| Acesso em linha: | http://hdl.handle.net/10366/169792 |
| Access Level: | acceso abierto |
| Palavra-chave: | Environment Board diversity Legitimacy theory Stakeholder’s theory Board tenure Board independence 5311.10 Dirección de Ventas |
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Board of directors and environmental practices: the effect of board experience, culture, and tenureGallego Álvarez, IsabelRodríguez Domínguez, LuisEnvironmentBoard diversityLegitimacy theoryStakeholder’s theoryBoard tenureBoard independence5311.10 Dirección de Ventas[EN]This study analyses whether board diversity in terms of gender and culture, as well as members’ experience and tenure, has a positive influence on the undertaking of environmental practices. The analysis was performed on a broad sample of international companies from 29 countries, on the basis of an index made up of 55 environmental activities. We designed a Tobit model in which the index of environmental practices is a function of several features of the board. The findings confirm that more diverse boards, with more experienced and long-tenured members, are more prone to the environmental commitment by promoting a broader range of environmental initiatives. The article provides new insights in terms of the influence of board diversity in culture, experience, and tenure. We extend previous literature by analysing these factors, whose effects have been less studied, rather than other drivers (such as board size and independence). Corporate governance mechanisms, and more specifically, the board of directors, may play an essential role in ensuring congruence among a firm’s actions, stakeholders’ demands, and societal expectations. The advantages derived from a wider knowledge base and diversity in the board lead to a pro-environmental vision on behalf of the company.Open Access funding provided thanks to the CRUE-CSIC agreement with Springer Nature. This work was supported by the Spanish Ministry of Science, Innovation and Universities [Grant/Award Number: RTI2018-093423-B-I00]; Junta de Castilla y León, Research Unit of Excellence ‘Economic Management for Sustainability’ (GECOS) [Grant CLU-2019–03].Springer Nature202620262025info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://hdl.handle.net/10366/169792reponame:GREDOS. Repositorio Institucional de la Universidad de Salamancainstname:Universidad de Salamanca (USAL)InglésCLU-2019–03RTI2018-093423-B-I00Attribution-NonCommercial-NoDerivatives 4.0 Internacionalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:gredos.usal.es:10366/1697922026-06-07T06:28:51Z |
| dc.title.none.fl_str_mv |
Board of directors and environmental practices: the effect of board experience, culture, and tenure |
| title |
Board of directors and environmental practices: the effect of board experience, culture, and tenure |
| spellingShingle |
Board of directors and environmental practices: the effect of board experience, culture, and tenure Gallego Álvarez, Isabel Environment Board diversity Legitimacy theory Stakeholder’s theory Board tenure Board independence 5311.10 Dirección de Ventas |
| title_short |
Board of directors and environmental practices: the effect of board experience, culture, and tenure |
| title_full |
Board of directors and environmental practices: the effect of board experience, culture, and tenure |
| title_fullStr |
Board of directors and environmental practices: the effect of board experience, culture, and tenure |
| title_full_unstemmed |
Board of directors and environmental practices: the effect of board experience, culture, and tenure |
| title_sort |
Board of directors and environmental practices: the effect of board experience, culture, and tenure |
| dc.creator.none.fl_str_mv |
Gallego Álvarez, Isabel Rodríguez Domínguez, Luis |
| author |
Gallego Álvarez, Isabel |
| author_facet |
Gallego Álvarez, Isabel Rodríguez Domínguez, Luis |
| author_role |
author |
| author2 |
Rodríguez Domínguez, Luis |
| author2_role |
author |
| dc.subject.none.fl_str_mv |
Environment Board diversity Legitimacy theory Stakeholder’s theory Board tenure Board independence 5311.10 Dirección de Ventas |
| topic |
Environment Board diversity Legitimacy theory Stakeholder’s theory Board tenure Board independence 5311.10 Dirección de Ventas |
| description |
[EN]This study analyses whether board diversity in terms of gender and culture, as well as members’ experience and tenure, has a positive influence on the undertaking of environmental practices. The analysis was performed on a broad sample of international companies from 29 countries, on the basis of an index made up of 55 environmental activities. We designed a Tobit model in which the index of environmental practices is a function of several features of the board. The findings confirm that more diverse boards, with more experienced and long-tenured members, are more prone to the environmental commitment by promoting a broader range of environmental initiatives. The article provides new insights in terms of the influence of board diversity in culture, experience, and tenure. We extend previous literature by analysing these factors, whose effects have been less studied, rather than other drivers (such as board size and independence). Corporate governance mechanisms, and more specifically, the board of directors, may play an essential role in ensuring congruence among a firm’s actions, stakeholders’ demands, and societal expectations. The advantages derived from a wider knowledge base and diversity in the board lead to a pro-environmental vision on behalf of the company. |
| publishDate |
2025 |
| dc.date.none.fl_str_mv |
2025 2026 2026 |
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info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
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article |
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publishedVersion |
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http://hdl.handle.net/10366/169792 |
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http://hdl.handle.net/10366/169792 |
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Inglés |
| language_invalid_str_mv |
Inglés |
| dc.relation.none.fl_str_mv |
CLU-2019–03 RTI2018-093423-B-I00 |
| dc.rights.none.fl_str_mv |
Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess |
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Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ |
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openAccess |
| dc.publisher.none.fl_str_mv |
Springer Nature |
| publisher.none.fl_str_mv |
Springer Nature |
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reponame:GREDOS. Repositorio Institucional de la Universidad de Salamanca instname:Universidad de Salamanca (USAL) |
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Universidad de Salamanca (USAL) |
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GREDOS. Repositorio Institucional de la Universidad de Salamanca |
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GREDOS. Repositorio Institucional de la Universidad de Salamanca |
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15,812429 |