Access the full text.
Sign up today, get DeepDyve free for 14 days.
Judith Walls, Phillip Phan, P. Berrone (2011)
Measuring Environmental Strategy: Construct Development, Reliability, and ValidityBusiness & Society, 50
C. Deegan, Michaela Rankin (1996)
Do Australian companies report environmental news objectively?: An analysis of environmental disclosures by firms prosecuted successfully by the Environmental Protection AuthorityAccounting, Auditing & Accountability Journal, 9
M. McKendall, Carol Sánchez, Paul Sicilian (1996)
CORPORATE GOVERNANCE AND CORPORATE ILLEGALITY: THE EFFECTS OF BOARD STRUCTURE ON ENVIRONMENTAL VIOLATIONSInternational Journal of Organizational Analysis, 7
Jia Wang, B. Coffey (1992)
Board composition and corporate philanthropyJournal of Business Ethics, 11
A. Studenmund (1987)
Using Econometrics: A Practical Guide
R. Clement (2006)
Just how unethical is American businessBusiness Horizons, 49
E. Amir, Juha-Pekka Kallunki, Henrik Nilsson (2014)
Criminal convictions and risk takingAustralian Journal of Management, 39
Amanda Kimball, Donald Palmer, Christopher Marquis (2012)
The Impact of Women Top Managers and Directors on Corporate Environmental PerformanceSRPN: Leadership and Sustainability (Topic)
Yue Li, Peter Clarkson, G. Richardson, Florin Vasvari (2006)
Revisiting the Relation between Environmental Performance and Environmental Disclosure: An Empirical AnalysisEconometrics eJournal
Corinne Post, N. Rahman, Emily Rubow (2011)
Green Governance: Boards of Directors’ Composition and Environmental Corporate Social ResponsibilityBusiness & Society, 50
K. Jones, T. Alabaster, J. Walton (1998)
Virtual Environments for Environmental ReportingGreener management international
Max Bazerman, F. Schoorman (1983)
A Limited Rationality Model of Interlocking Directorates.Academy of Management Review, 8
C. Deegan, Michaela Rankin, J. Tobin (2002)
An examination of the corporate social and environmental disclosures of BHP from 1983‐1997: A test of legitimacy theoryAccounting, Auditing & Accountability Journal, 15
C. Adams (2002)
Internal organisational factors influencing corporate social and ethical reporting: Beyond current theorisingAccounting, Auditing & Accountability Journal, 15
R. Ingram, K. Frazier (1980)
ENVIRONMENTAL PERFORMANCE AND CORPORATE DISCLOSUREJournal of Accounting Research, 18
C. Ntim, T. Soobaroyen (2013)
Corporate Governance and Performance in Socially Responsible Corporations: New Empirical Insights from a Neo‐Institutional FrameworkInternational Corporate Finance eJournal
Advances in Public Interest Accounting, 3
Mark Sharfman, Chitru Fernando (2008)
Environmental Risk Management and the Cost of CapitalRisk Management
R. Haniffa, Terence Cooke (2005)
The impact of culture and governance on corporate social reportingJournal of Accounting and Public Policy, 24
D. Cormier, M. Magnan, Barbara Velthoven (2005)
Environmental disclosure quality in large German companies: Economic incentives, public pressures or institutional conditions?European Accounting Review, 14
A. Hillman, Albert Cannella, Ramona Paetzold (2000)
The Resource Dependence Role of Corporate Directors: Strategic Adaptation of Board Composition in Response to Environmental ChangeJournal of Management Studies, 37
M. Russo, P. Fouts (1997)
A Resource-Based Perspective On Corporate Environmental Performance And ProfitabilityAcademy of Management Journal, 40
P. Navarro (1988)
Why Do Corporations Give to CharityThe Journal of Business, 61
Samuel Graves, S. Waddock (1994)
Institutional Owners and Corporate Social PerformanceAcademy of Management Journal, 37
Dennis Patten (1992)
INTRA-INDUSTRY ENVIRONMENTAL DISCLOSURES IN RESPONSE TO THE ALASKAN OIL SPILL: A NOTE ON..., 17
Dennis Patten (2002)
The relation between environmental performance and environmental disclosure: a research noteAccounting Organizations and Society, 27
Corinne Post, N. Rahman, Cathleen McQuillen (2015)
From Board Composition to Corporate Environmental Performance Through Sustainability-Themed AlliancesJournal of Business Ethics, 130
B. Baysinger, R. Hoskisson (1990)
The Composition of Boards of Directors and Strategic Control: Effects on Corporate StrategyAcademy of Management Review, 15
Giovanna Michelon, A. Parbonetti (2012)
The effect of corporate governance on sustainability disclosureJournal of Management & Governance, 16
K. Ramanathan (2016)
Toward A Theory of Corporate Social Accounting
N. Steenkamp, J. Hooks (2011)
Does including pictorial disclosure of intellectual capital resources make a differencePacific Accounting Review, 23
D. Neu, Hussein Warsame, K. Pedwell (1998)
Managing Public Impressions: Environmental Disclosures in Annual ReportsAccounting Organizations and Society, 23
C. Staden, J. Hooks (2007)
A comprehensive comparison of corporate environmental reporting and responsivenessBritish Accounting Review, 39
C. Tilt, Christopher Symes (1999)
Environmental disclosure by Australian mining companies: environmental conscience or commercial reality?Accounting Forum, 23
W. Darrell, B. Schwartz (1997)
Environmental disclosures and public policy pressureJournal of Accounting and Public Policy, 16
Charles Cho, Charles Cho, Dennis Patten (2007)
The role of environmental disclosures as tools of legitimacy: A research noteAccounting Organizations and Society, 32
C. Hemingway, P. Maclagan (2004)
Managers' Personal Values as Drivers of Corporate Social ResponsibilityJournal of Business Ethics, 50
J. Galbreath (2010)
How does corporate social responsibility benefit firms? Evidence from AustraliaEuropean Business Review, 22
Paul Godfrey (2005)
The Relationship Between Corporate Philanthropy And Shareholder Wealth: A Risk Management PerspectiveAcademy of Management Review, 30
Mark Suchman (1995)
Managing Legitimacy: Strategic and Institutional ApproachesAcademy of Management Review, 20
Glen Dowell, S. Hart, B. Yeung (2000)
Do Corporate Global Environmental Standards Create or Destroy Market ValueManagement Science, 46
Jacob Hörisch, S. Schaltegger, Sarah Windolph (2015)
Linking sustainability-related stakeholder feedback to corporate sustainability performance: an empirical analysis of stakeholder dialoguesInternational Journal of Business Environment, 7
S. Feldman, P. Soyka, P. Ameer (1997)
Does Improving a Firm's Environmental Management System and Environmental Performance Result in a Higher Stock Price?, 6
M. Halme, M. Huse (1997)
The influence of corporate governance, industry and country factors on environmental reportingScandinavian Journal of Management, 13
Paige Davis-Walling, S. Batterman (1997)
Environmental Reporting by the Fortune 50 FirmsEnvironmental Management, 21
Accounting, Organizations and Society, 33
Md. Bhuiyan (2015)
Do problem directors affect firm operating performanceAsian Review of Accounting, 23
Sadok Ghoul, O. Guedhami, C. Kwok, Dev Mishra (2010)
Does Corporate Social Responsibility Affect the Cost of Capital?CGN: Corporate Social Responsibility/Corporate Citizenship (Topic)
C. Tilt (1997)
ENVIRONMENTAL POLICIES OF MAJOR COMPANIES: AUSTRALIAN EVIDENCEBritish Accounting Review, 29
The British Accounting Review, 34
R. Klassen, C. McLaughlin (1996)
The impact of environmental management on firm performanceManagement Science, 42
S. Winter, P. May (2001)
Motivation for Compliance with Environmental RegulationsJournal of Policy Analysis and Management, 20
S. Schaltegger, Dorli Harms, Sarah Windolph, Jacob Hörisch (2014)
Involving Corporate Functions: Who Contributes to Sustainable Development?Sustainability, 6
Paul Godfrey, Craig Merrill, J. Hansen (2009)
The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesisSouthern Medical Journal, 30
D. Campbell (2000)
Legitimacy Theory or Managerial Reality Construction? Corporate Social Disclosure in Marks and Spencer Plc Corporate Reports, 1969–1997Accounting Forum, 24
Accounting, Organizations and Society, 29
M. Epstein, M. Freedman (1994)
Social Disclosure and the Individual InvestorAccounting, Auditing & Accountability Journal, 7
C. Villiers, C. Staden (2010)
Shareholders’ requirements for corporate environmental disclosures: A cross country comparisonBritish Accounting Review, 42
Allen Weiss, E. Anderson, Deborah Maclnnis (1999)
Reputation Management as a Motivation for Sales Structure DecisionsJournal of Marketing, 63
Sulaiman Al-Tuwaijri, Theodore Christensen, K. Hughes (2003)
The Relations Among Environmental Disclosure, Environmental Performance, and Economic Performance: A Simultaneous Equations ApproachFinancial Accounting
Marc Orlitzky, D. Siegel, D. Waldman (2011)
Strategic Corporate Social Responsibility and Environmental SustainabilityBusiness & Society, 50
C. Adams (2008)
A commentary on: corporate social responsibility reporting and reputation risk managementAccounting, Auditing & Accountability Journal, 21
C. Roberts (1991)
Environmental Disclosures: A Note on Reporting Practices in Mainland EuropeAccounting, Auditing & Accountability Journal, 4
Judith Walls, P. Berrone, Phillip Phan (2012)
Corporate governance and environmental performance: is there really a link?Southern Medical Journal, 33
George Kassinis, N. Vafeas (2002)
Corporate boards and outside stakeholders as determinants of environmental litigationSouthern Medical Journal, 23
J. Wiseman (1982)
An evaluation of environmental disclosures made in corporate annual reportsAccounting Organizations and Society, 7
Academy of Management Review, 15
D. Woodward, P. Edwards, F. Birkin (2001)
Some evidence on executives' views of corporate social responsibilityBritish Accounting Review, 33
M. Branco, L. Rodrigues (2006)
Corporate Social Responsibility and Resource-Based PerspectivesJournal of Business Ethics, 69
A. Hillman, T. Dalziel (2003)
Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence PerspectivesAcademy of Management Review, 28
C. Deegan, Benedict Gordon (1996)
A Study of the Environmental Disclosure Practices of Australian CorporationsAccounting and Business Research, 26
C. Villiers, Vic Naiker, C. Staden (2011)
The Effect of Board Characteristics on Firm Environmental PerformanceJournal of Management, 37
M. Lee (2008)
A Review of the Theories of Corporate Social Responsibility: Its Evolutionary Path and the Road AheadWiley-Blackwell: International Journal of Management Reviews
N. Swartz, S. Firer (2005)
Board structure and intellectual capital performance in South AfricaMeditari Accountancy Research, 13
PurposeThe way in which a firm’s actions are perceived by others is driven by the individual values and ethics of directors (Ntim and Soobaroyen, 2013). The purpose of this paper is to examine the effects of “problem” directors on the environmental performance of firms. The authors argue that if a board member has a tainted reputation, then environmental performance will be higher as the problem director seeks to rebuild his/her reputation.Design/methodology/approachThe authors use a sample of the top 500 US companies for 2010 and 2011 and an ordinary least square (OLS) model to capture the impact of “problem” directors on environmental performance. The authors use an independent measure of environmental performance which includes three categories: environmental impact, environmental management (green policies) and environmental reputation (which is affected by disclosure).FindingsThe findings of this paper show that the average environmental impact score is 53.32 per cent, the environmental management green policy score is 35.39 per cent and environmental reputation is 49.86 per cent. A firm which is operated by a problem director has a higher score for environmental management and environmental reputation than non-problem director-affiliated firms. Firms which are managed by a problem director(s) have lower scores for environmental impact than non-problem director-affiliated firms in the USA, indicating a higher level of emissions, water use, waste disposal, etc.Practical implicationsThe authors posit that problem directors promote environmental performance as a means to enhance their reputation and divert attention from allegations of previous poor professional behaviour. Regulators and investors should interpret the environmental performance of a firm with caution when a problem director is on the board.Originality/valuePrior research on the relationship between environmental performance and corporate governance has been based on board composition and characteristics. However, board decision-making reflects the professional experience and personal values of the directors. These factors have not been addressed in the literature to-date and, hence, form this paper’s contribution.
Sustainability Accounting Management and Policy Journal – Emerald Publishing
Published: May 3, 2016
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.