Corporate boards and environmental offence conviction: evidence from the United Kingdom
Authors: Tauringana, V., Radicic, D., Kirkpatrick, A. and Konadu, R.
Journal: Corporate Governance (Bingley)
Volume: 17
Issue: 2
Pages: 341-362
ISSN: 1472-0701
DOI: 10.1108/CG-05-2016-0105
Abstract:Purpose: This paper aims to report the results of an investigation into the relationship between corporate boards and the likelihood of a firm being convicted of an environmental offence in the United Kingdom (UK). Design/methodology/approach: The study uses binary logistics regression analysis to model the relationship between corporate boards and the likelihood of a firm being convicted of an environmental offence in the UK, controlling for firm size, financial leverage and profitability. Findings: The results suggest that the likelihood of a firm being convicted of an environmental offence increases with board size but decreases with the presence of a woman on the board. No support is found for the authors’ hypotheses about the proportion of outside directors and the presence of a lawyer on the board. Marginal effects’ results also show that adding one member to the board increases the chance of a firm being convicted for an environmental offence by 4.2 per cent, while having a woman on the board decreases the likelihood of a firm being convicted of an environmental offence by 31.8 per cent. Research limitations/implications: The sample size of 55 firms is small which could affect the generalisability of the study. Originality/value: The study uses proprietary data obtained from the UK Environmental Agency to provide evidence for the first time how corporate boards affect the chances of a listed firm being convicted of an environmental offence in the UK.
https://eprints.bournemouth.ac.uk/26521/
Source: Scopus
Corporate boards and environmental offence conviction: evidence from the United Kingdom
Authors: Tauringana, V., Radicic, D., Kirkpatrick, A. and Konadu, R.
Journal: CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY
Volume: 17
Issue: 2
Pages: 341-362
eISSN: 1758-6054
ISSN: 1472-0701
DOI: 10.1108/CG-05-2016-0105
https://eprints.bournemouth.ac.uk/26521/
Source: Web of Science (Lite)
Corporate Boards and Environmental Offence Conviction: Evidence from the United Kingdom
Authors: Tauringana, V., Radicic, D., Kirkpatrick, A. and Konadu, R.
Journal: Corporate Governance: The International Journal of Business in Society
Volume: 17
Issue: 2
ISSN: 1758-6054
Abstract:Purpose This paper reports the results of an investigation into the relationship between corporate boards and the likelihood of a firm being convicted of an environmental offence in the United Kingdom (UK).
Design/Methodology/Approach The study uses a probit model to analyse the relationship between corporate boards and the likelihood of a firm being convicted of an environmental offence in the UK, controlling for firm size, financial leverage and profitability.
Findings The results suggest that the likelihood of a firm being convicted of an environmental offence increases with board size, but decreases with the presence of a woman on the board. No support is found for our hypotheses about the proportion of outside directors and the presence of a lawyer on the board. Marginal effects results also show that adding one member to the board increases the chance of a firm being convicted for an environmental offence by 4.2% while having a woman on the board decreases the likelihood of a firm being convicted of an environmental offence by 31.8%.
Research limitations/implications The sample size of 55 firms is small which could affect the generalisability of the study.
Originality/Value The study uses proprietary data obtained from the UK Environmental Agency to provide evidence for the first time how corporate boards affect the chances of a listed firm being convicted of an environmental offence in the UK.
https://eprints.bournemouth.ac.uk/26521/
Source: Manual
Corporate Boards and Environmental Offence Conviction: Evidence from the United Kingdom
Authors: Tauringana, V., Radicic, D., Kirkpatrick, A. and Konadu, R.
Journal: Corporate Governance: The International Journal of Business in Society
Volume: 17
Issue: 2
Pages: 341-362
ISSN: 1758-6054
Abstract:Purpose This paper reports the results of an investigation into the relationship between corporate boards and the likelihood of a firm being convicted of an environmental offence in the United Kingdom (UK). Design/Methodology/Approach The study uses a probit model to analyse the relationship between corporate boards and the likelihood of a firm being convicted of an environmental offence in the UK, controlling for firm size, financial leverage and profitability. Findings The results suggest that the likelihood of a firm being convicted of an environmental offence increases with board size, but decreases with the presence of a woman on the board. No support is found for our hypotheses about the proportion of outside directors and the presence of a lawyer on the board. Marginal effects results also show that adding one member to the board increases the chance of a firm being convicted for an environmental offence by 4.2% while having a woman on the board decreases the likelihood of a firm being convicted of an environmental offence by 31.8%. Research limitations/implications The sample size of 55 firms is small which could affect the generalisability of the study. Originality/Value The study uses proprietary data obtained from the UK Environmental Agency to provide evidence for the first time how corporate boards affect the chances of a listed firm being convicted of an environmental offence in the UK.
https://eprints.bournemouth.ac.uk/26521/
Source: BURO EPrints