Journal article 712 views 190 downloads
Board gender diversity and firm-level climate change exposure: A global perspective
Finance Research Letters, Volume: 55, Start page: 103995
Swansea University Author: Hanh Nguyen
-
PDF | Proof
© 2023 The Author(s). Published by Elsevier Inc. Distributed under the terms of a Creative Commons Attribution 4.0 License (CC BY 4.0).
Download (464.54KB)
DOI (Published version): 10.1016/j.frl.2023.103995
Abstract
This study examines the association between board gender diversity and firm-level climate change exposure. Using a global sample of 14,685 firm-year observations covering 2469 firms across 63 countries from 2000–2021, we find that firms with more gender-diverse boards are likely to exhibit lower cli...
Published in: | Finance Research Letters |
---|---|
ISSN: | 1544-6123 1544-6131 |
Published: |
Elsevier BV
2023
|
Online Access: |
Check full text
|
URI: | https://cronfa.swan.ac.uk/Record/cronfa63457 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
first_indexed |
2023-05-15T19:04:05Z |
---|---|
last_indexed |
2023-05-15T19:04:05Z |
id |
cronfa63457 |
recordtype |
SURis |
fullrecord |
<?xml version="1.0" encoding="utf-8"?><rfc1807 xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xsd="http://www.w3.org/2001/XMLSchema"><bib-version>v2</bib-version><id>63457</id><entry>2023-05-15</entry><title>Board gender diversity and firm-level climate change exposure: A global perspective</title><swanseaauthors><author><sid>d1ec006995000315744a512d1ad41891</sid><firstname>Hanh</firstname><surname>Nguyen</surname><name>Hanh Nguyen</name><active>true</active><ethesisStudent>false</ethesisStudent></author></swanseaauthors><date>2023-05-15</date><deptcode>BAF</deptcode><abstract>This study examines the association between board gender diversity and firm-level climate change exposure. Using a global sample of 14,685 firm-year observations covering 2469 firms across 63 countries from 2000–2021, we find that firms with more gender-diverse boards are likely to exhibit lower climate change exposure. The results remain after we decompose the exposure into three components: exposures to opportunity, physical (e.g., sea level rises), and regulatory shocks (e.g., carbon taxes, cap and trade markets). Our critical mass analysis further confirms that boards with at least two female directors start having such a significant effect.</abstract><type>Journal Article</type><journal>Finance Research Letters</journal><volume>55</volume><journalNumber/><paginationStart>103995</paginationStart><paginationEnd/><publisher>Elsevier BV</publisher><placeOfPublication/><isbnPrint/><isbnElectronic/><issnPrint>1544-6123</issnPrint><issnElectronic>1544-6131</issnElectronic><keywords>Female directors, Environmental performance, Climate change exposure, Critical mass theory, Board gender diversity</keywords><publishedDay>31</publishedDay><publishedMonth>7</publishedMonth><publishedYear>2023</publishedYear><publishedDate>2023-07-31</publishedDate><doi>10.1016/j.frl.2023.103995</doi><url>http://dx.doi.org/10.1016/j.frl.2023.103995</url><notes/><college>COLLEGE NANME</college><department>Accounting and Finance</department><CollegeCode>COLLEGE CODE</CollegeCode><DepartmentCode>BAF</DepartmentCode><institution>Swansea University</institution><apcterm>Not Required</apcterm><funders/><projectreference/><lastEdited>2023-07-27T15:32:42.2074951</lastEdited><Created>2023-05-15T19:59:46.4056520</Created><path><level id="1">Faculty of Humanities and Social Sciences</level><level id="2">School of Management - Accounting and Finance</level></path><authors><author><firstname>Vu Quang</firstname><surname>Trinh</surname><orcid>0000-0003-2606-2958</orcid><order>1</order></author><author><firstname>Hai Hong</firstname><surname>Trinh</surname><orcid>0000-0003-0209-7259</orcid><order>2</order></author><author><firstname>Hanh</firstname><surname>Nguyen</surname><order>3</order></author><author><firstname>Xuan Vinh</firstname><surname>Vo</surname><order>4</order></author></authors><documents><document><filename>63457__27726__159e55404910447ea9314c8957e7250b.pdf</filename><originalFilename>63457.pdf</originalFilename><uploaded>2023-06-06T15:08:31.3404984</uploaded><type>Output</type><contentLength>475687</contentLength><contentType>application/pdf</contentType><version>Proof</version><cronfaStatus>true</cronfaStatus><documentNotes>© 2023 The Author(s). Published by Elsevier Inc. Distributed under the terms of a Creative Commons Attribution 4.0 License (CC BY 4.0).</documentNotes><copyrightCorrect>true</copyrightCorrect><language>eng</language><licence>http://creativecommons.org/licenses/by/4.0/</licence></document></documents><OutputDurs/></rfc1807> |
spelling |
v2 63457 2023-05-15 Board gender diversity and firm-level climate change exposure: A global perspective d1ec006995000315744a512d1ad41891 Hanh Nguyen Hanh Nguyen true false 2023-05-15 BAF This study examines the association between board gender diversity and firm-level climate change exposure. Using a global sample of 14,685 firm-year observations covering 2469 firms across 63 countries from 2000–2021, we find that firms with more gender-diverse boards are likely to exhibit lower climate change exposure. The results remain after we decompose the exposure into three components: exposures to opportunity, physical (e.g., sea level rises), and regulatory shocks (e.g., carbon taxes, cap and trade markets). Our critical mass analysis further confirms that boards with at least two female directors start having such a significant effect. Journal Article Finance Research Letters 55 103995 Elsevier BV 1544-6123 1544-6131 Female directors, Environmental performance, Climate change exposure, Critical mass theory, Board gender diversity 31 7 2023 2023-07-31 10.1016/j.frl.2023.103995 http://dx.doi.org/10.1016/j.frl.2023.103995 COLLEGE NANME Accounting and Finance COLLEGE CODE BAF Swansea University Not Required 2023-07-27T15:32:42.2074951 2023-05-15T19:59:46.4056520 Faculty of Humanities and Social Sciences School of Management - Accounting and Finance Vu Quang Trinh 0000-0003-2606-2958 1 Hai Hong Trinh 0000-0003-0209-7259 2 Hanh Nguyen 3 Xuan Vinh Vo 4 63457__27726__159e55404910447ea9314c8957e7250b.pdf 63457.pdf 2023-06-06T15:08:31.3404984 Output 475687 application/pdf Proof true © 2023 The Author(s). Published by Elsevier Inc. Distributed under the terms of a Creative Commons Attribution 4.0 License (CC BY 4.0). true eng http://creativecommons.org/licenses/by/4.0/ |
title |
Board gender diversity and firm-level climate change exposure: A global perspective |
spellingShingle |
Board gender diversity and firm-level climate change exposure: A global perspective Hanh Nguyen |
title_short |
Board gender diversity and firm-level climate change exposure: A global perspective |
title_full |
Board gender diversity and firm-level climate change exposure: A global perspective |
title_fullStr |
Board gender diversity and firm-level climate change exposure: A global perspective |
title_full_unstemmed |
Board gender diversity and firm-level climate change exposure: A global perspective |
title_sort |
Board gender diversity and firm-level climate change exposure: A global perspective |
author_id_str_mv |
d1ec006995000315744a512d1ad41891 |
author_id_fullname_str_mv |
d1ec006995000315744a512d1ad41891_***_Hanh Nguyen |
author |
Hanh Nguyen |
author2 |
Vu Quang Trinh Hai Hong Trinh Hanh Nguyen Xuan Vinh Vo |
format |
Journal article |
container_title |
Finance Research Letters |
container_volume |
55 |
container_start_page |
103995 |
publishDate |
2023 |
institution |
Swansea University |
issn |
1544-6123 1544-6131 |
doi_str_mv |
10.1016/j.frl.2023.103995 |
publisher |
Elsevier BV |
college_str |
Faculty of Humanities and Social Sciences |
hierarchytype |
|
hierarchy_top_id |
facultyofhumanitiesandsocialsciences |
hierarchy_top_title |
Faculty of Humanities and Social Sciences |
hierarchy_parent_id |
facultyofhumanitiesandsocialsciences |
hierarchy_parent_title |
Faculty of Humanities and Social Sciences |
department_str |
School of Management - Accounting and Finance{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Accounting and Finance |
url |
http://dx.doi.org/10.1016/j.frl.2023.103995 |
document_store_str |
1 |
active_str |
0 |
description |
This study examines the association between board gender diversity and firm-level climate change exposure. Using a global sample of 14,685 firm-year observations covering 2469 firms across 63 countries from 2000–2021, we find that firms with more gender-diverse boards are likely to exhibit lower climate change exposure. The results remain after we decompose the exposure into three components: exposures to opportunity, physical (e.g., sea level rises), and regulatory shocks (e.g., carbon taxes, cap and trade markets). Our critical mass analysis further confirms that boards with at least two female directors start having such a significant effect. |
published_date |
2023-07-31T15:32:37Z |
_version_ |
1772584548675092480 |
score |
11.037056 |