Abstract
AbstractThis study attempts to improve the understanding of how factors related to the board of directors in emerging countries from America determine a firm's sustainability performance. This paper examines the effect of board cultural diversity and the mediating effect of the existence of a corporate social responsibility (CSR) committee. To test our objectives, we carried out a sample analysis on data gathered between 2012 and 2018 from a group of firms located in Argentina, Brazil, Chile and Mexico. The results suggest that board cultural diversity promotes a firm's commitment toward sustainability issues and leads to higher social and environmental performance. Moreover, the results show the mediating effect of the existence of a CSR committee, where a positive impact on sustainability performance appears to be linked to board cultural diversity.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Corporate Social Responsibility and Environmental Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
