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The Impact of Board Structure on Voluntary Environmental and Energy Disclosure in an Emerging Market

Author

Listed:
  • Siti Amalia

    (Department of Economics Development, Mulawarman University, Samarinda, Indonesia,)

  • Dadang Lesmana

    (Research and Development Agency, East Kutai, Indonesia,)

  • Yanzil Azizil Yudaruddin

    (Department of Accounting, Balikpapan University, Balikpapan, Indonesia,)

  • Rizky Yudaruddin

    (Department of Management, Mulawarman University, Samarinda, Indonesia.)

Abstract

This study aimed to investigate the effect of board structure on voluntary environmental and energy disclosure of listed firms in Indonesia. The study employed a one-step and two-step system generalized method of moments (GMM) using an unbalanced data panel of 356 non-finance companies. The findings showed that board size positively and significantly affected environmental and energy disclosure. Moreover, board independence negatively and significantly influenced environmental and energy disclosure, while women on board and CEO duality have an insignificant impact. The strategic implication showed that adding more members to the board of directors boosted voluntary environmental and energy disclosure.

Suggested Citation

  • Siti Amalia & Dadang Lesmana & Yanzil Azizil Yudaruddin & Rizky Yudaruddin, 2022. "The Impact of Board Structure on Voluntary Environmental and Energy Disclosure in an Emerging Market," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 430-438, July.
    • Handle: RePEc:eco:journ2:2022-04-46
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    More about this item

    Keywords

    Board Size; Board Independence; Women on Board; CEO duality; environmental and energy disclosure;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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