Abstract
This paper explores whether board of directors composition—gender ratio and independent business expertise—affects a firm’s probability to engage in sustainability-themed business initiatives and thereby enhance its environmental responsibility profile. Since data from the US oil and gas industry are used for the analysis, renewable energy strategic alliances are treated as a key sustainability-themed initiative. The paper examines whether sustainability-themed alliances mediate the relationship between board composition and corporate environment responsibility. Analyses using lagged data for independent and control variables statistically support the research model.
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