Environmental Performance and Corporate Governance: Evidence from Japan

This study investigates the impact of corporate governance on corporate environmental performance among Japanese companies listed on the Tokyo Stock Exchange for the period 2006–2019. Using fixed-effects modelling for 4617 firm-year observations from 2006–2019, we demonstrate that board independence...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Sustainability 2023-02, Vol.15 (4), p.3273
Hauptverfasser: Abedin, Syeda Humayra, Subha, Silima, Anwar, Mumtaheena, Kabir, Md. Nurul, Tahat, Yasean A, Hossain, Mohammed
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page
container_issue 4
container_start_page 3273
container_title Sustainability
container_volume 15
creator Abedin, Syeda Humayra
Subha, Silima
Anwar, Mumtaheena
Kabir, Md. Nurul
Tahat, Yasean A
Hossain, Mohammed
description This study investigates the impact of corporate governance on corporate environmental performance among Japanese companies listed on the Tokyo Stock Exchange for the period 2006–2019. Using fixed-effects modelling for 4617 firm-year observations from 2006–2019, we demonstrate that board independence, board diversity, and the presence of environmental management committees are significantly associated with improved environmental performance. However, a large board reduces the environmental performance, and CEO duality does not appear to be a significant factor affecting a firm’s environmental performance. Additionally, we show a consistent result when we proxy environmental performance by total carbon emissions.
doi_str_mv 10.3390/su15043273
format Article
fullrecord <record><control><sourceid>gale_proqu</sourceid><recordid>TN_cdi_proquest_journals_2779693039</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><galeid>A743493853</galeid><sourcerecordid>A743493853</sourcerecordid><originalsourceid>FETCH-LOGICAL-c368t-64323c3b1906b4115f897a96b4a8813a4104dcdea9f55ee5e62b8527f881050b3</originalsourceid><addsrcrecordid>eNpVkd9LwzAQx4MoOOZe_AsKPilsJr2mbXwbY87JQPHHc0jby-hok5q0Q_97Myaodw933H2-xxeOkEtGZwCC3vqBcZpAnMEJGcU0Y1NGOT3905-Tifc7GgKACZaOyGpp9rWzpkXTqyZ6Rqeta5UpMVKmihbWddapHqOV3aMzh8VdtNzXFR4Q7WwbPapOmQtyplXjcfJTx-T9fvm2eJhunlbrxXwzLSHN-2ka7EEJBRM0LRLGuM5FpkToVZ4zUAmjSVVWqITmHJFjGhc5jzMdtsF_AWNydbzbOfsxoO_lzg7BV-NlnGUiFUBBBGp2pLaqQVkbbXunypAVtnVpDeo6zOdZAomAnEMQXP8TBKbHz36rBu_l-vXlP3tzZEtnvXeoZefqVrkvyag8PEL-PgK-ARind9s</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2779693039</pqid></control><display><type>article</type><title>Environmental Performance and Corporate Governance: Evidence from Japan</title><source>MDPI - Multidisciplinary Digital Publishing Institute</source><source>EZB-FREE-00999 freely available EZB journals</source><creator>Abedin, Syeda Humayra ; Subha, Silima ; Anwar, Mumtaheena ; Kabir, Md. Nurul ; Tahat, Yasean A ; Hossain, Mohammed</creator><creatorcontrib>Abedin, Syeda Humayra ; Subha, Silima ; Anwar, Mumtaheena ; Kabir, Md. Nurul ; Tahat, Yasean A ; Hossain, Mohammed</creatorcontrib><description>This study investigates the impact of corporate governance on corporate environmental performance among Japanese companies listed on the Tokyo Stock Exchange for the period 2006–2019. Using fixed-effects modelling for 4617 firm-year observations from 2006–2019, we demonstrate that board independence, board diversity, and the presence of environmental management committees are significantly associated with improved environmental performance. However, a large board reduces the environmental performance, and CEO duality does not appear to be a significant factor affecting a firm’s environmental performance. Additionally, we show a consistent result when we proxy environmental performance by total carbon emissions.</description><identifier>ISSN: 2071-1050</identifier><identifier>EISSN: 2071-1050</identifier><identifier>DOI: 10.3390/su15043273</identifier><language>eng</language><publisher>Basel: MDPI AG</publisher><subject>Boards of directors ; Business ; Carbon ; Climate change ; Corporate governance ; Corporate sustainability ; Decision making ; Developing countries ; Emissions ; Environmental management ; Environmental protection ; Greenhouse gases ; Industrialized nations ; LDCs ; Stakeholders ; Stock exchanges</subject><ispartof>Sustainability, 2023-02, Vol.15 (4), p.3273</ispartof><rights>COPYRIGHT 2023 MDPI AG</rights><rights>2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c368t-64323c3b1906b4115f897a96b4a8813a4104dcdea9f55ee5e62b8527f881050b3</citedby><cites>FETCH-LOGICAL-c368t-64323c3b1906b4115f897a96b4a8813a4104dcdea9f55ee5e62b8527f881050b3</cites><orcidid>0000-0003-0009-3094 ; 0000-0002-2758-3352</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,27901,27902</link.rule.ids></links><search><creatorcontrib>Abedin, Syeda Humayra</creatorcontrib><creatorcontrib>Subha, Silima</creatorcontrib><creatorcontrib>Anwar, Mumtaheena</creatorcontrib><creatorcontrib>Kabir, Md. Nurul</creatorcontrib><creatorcontrib>Tahat, Yasean A</creatorcontrib><creatorcontrib>Hossain, Mohammed</creatorcontrib><title>Environmental Performance and Corporate Governance: Evidence from Japan</title><title>Sustainability</title><description>This study investigates the impact of corporate governance on corporate environmental performance among Japanese companies listed on the Tokyo Stock Exchange for the period 2006–2019. Using fixed-effects modelling for 4617 firm-year observations from 2006–2019, we demonstrate that board independence, board diversity, and the presence of environmental management committees are significantly associated with improved environmental performance. However, a large board reduces the environmental performance, and CEO duality does not appear to be a significant factor affecting a firm’s environmental performance. Additionally, we show a consistent result when we proxy environmental performance by total carbon emissions.</description><subject>Boards of directors</subject><subject>Business</subject><subject>Carbon</subject><subject>Climate change</subject><subject>Corporate governance</subject><subject>Corporate sustainability</subject><subject>Decision making</subject><subject>Developing countries</subject><subject>Emissions</subject><subject>Environmental management</subject><subject>Environmental protection</subject><subject>Greenhouse gases</subject><subject>Industrialized nations</subject><subject>LDCs</subject><subject>Stakeholders</subject><subject>Stock exchanges</subject><issn>2071-1050</issn><issn>2071-1050</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2023</creationdate><recordtype>article</recordtype><sourceid>BENPR</sourceid><recordid>eNpVkd9LwzAQx4MoOOZe_AsKPilsJr2mbXwbY87JQPHHc0jby-hok5q0Q_97Myaodw933H2-xxeOkEtGZwCC3vqBcZpAnMEJGcU0Y1NGOT3905-Tifc7GgKACZaOyGpp9rWzpkXTqyZ6Rqeta5UpMVKmihbWddapHqOV3aMzh8VdtNzXFR4Q7WwbPapOmQtyplXjcfJTx-T9fvm2eJhunlbrxXwzLSHN-2ka7EEJBRM0LRLGuM5FpkToVZ4zUAmjSVVWqITmHJFjGhc5jzMdtsF_AWNydbzbOfsxoO_lzg7BV-NlnGUiFUBBBGp2pLaqQVkbbXunypAVtnVpDeo6zOdZAomAnEMQXP8TBKbHz36rBu_l-vXlP3tzZEtnvXeoZefqVrkvyag8PEL-PgK-ARind9s</recordid><startdate>20230201</startdate><enddate>20230201</enddate><creator>Abedin, Syeda Humayra</creator><creator>Subha, Silima</creator><creator>Anwar, Mumtaheena</creator><creator>Kabir, Md. Nurul</creator><creator>Tahat, Yasean A</creator><creator>Hossain, Mohammed</creator><general>MDPI AG</general><scope>AAYXX</scope><scope>CITATION</scope><scope>ISR</scope><scope>4U-</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>PIMPY</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><orcidid>https://orcid.org/0000-0003-0009-3094</orcidid><orcidid>https://orcid.org/0000-0002-2758-3352</orcidid></search><sort><creationdate>20230201</creationdate><title>Environmental Performance and Corporate Governance: Evidence from Japan</title><author>Abedin, Syeda Humayra ; Subha, Silima ; Anwar, Mumtaheena ; Kabir, Md. Nurul ; Tahat, Yasean A ; Hossain, Mohammed</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c368t-64323c3b1906b4115f897a96b4a8813a4104dcdea9f55ee5e62b8527f881050b3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2023</creationdate><topic>Boards of directors</topic><topic>Business</topic><topic>Carbon</topic><topic>Climate change</topic><topic>Corporate governance</topic><topic>Corporate sustainability</topic><topic>Decision making</topic><topic>Developing countries</topic><topic>Emissions</topic><topic>Environmental management</topic><topic>Environmental protection</topic><topic>Greenhouse gases</topic><topic>Industrialized nations</topic><topic>LDCs</topic><topic>Stakeholders</topic><topic>Stock exchanges</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Abedin, Syeda Humayra</creatorcontrib><creatorcontrib>Subha, Silima</creatorcontrib><creatorcontrib>Anwar, Mumtaheena</creatorcontrib><creatorcontrib>Kabir, Md. Nurul</creatorcontrib><creatorcontrib>Tahat, Yasean A</creatorcontrib><creatorcontrib>Hossain, Mohammed</creatorcontrib><collection>CrossRef</collection><collection>Gale In Context: Science</collection><collection>University Readers</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Publicly Available Content Database</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><jtitle>Sustainability</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Abedin, Syeda Humayra</au><au>Subha, Silima</au><au>Anwar, Mumtaheena</au><au>Kabir, Md. Nurul</au><au>Tahat, Yasean A</au><au>Hossain, Mohammed</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Environmental Performance and Corporate Governance: Evidence from Japan</atitle><jtitle>Sustainability</jtitle><date>2023-02-01</date><risdate>2023</risdate><volume>15</volume><issue>4</issue><spage>3273</spage><pages>3273-</pages><issn>2071-1050</issn><eissn>2071-1050</eissn><abstract>This study investigates the impact of corporate governance on corporate environmental performance among Japanese companies listed on the Tokyo Stock Exchange for the period 2006–2019. Using fixed-effects modelling for 4617 firm-year observations from 2006–2019, we demonstrate that board independence, board diversity, and the presence of environmental management committees are significantly associated with improved environmental performance. However, a large board reduces the environmental performance, and CEO duality does not appear to be a significant factor affecting a firm’s environmental performance. Additionally, we show a consistent result when we proxy environmental performance by total carbon emissions.</abstract><cop>Basel</cop><pub>MDPI AG</pub><doi>10.3390/su15043273</doi><orcidid>https://orcid.org/0000-0003-0009-3094</orcidid><orcidid>https://orcid.org/0000-0002-2758-3352</orcidid><oa>free_for_read</oa></addata></record>
fulltext fulltext
identifier ISSN: 2071-1050
ispartof Sustainability, 2023-02, Vol.15 (4), p.3273
issn 2071-1050
2071-1050
language eng
recordid cdi_proquest_journals_2779693039
source MDPI - Multidisciplinary Digital Publishing Institute; EZB-FREE-00999 freely available EZB journals
subjects Boards of directors
Business
Carbon
Climate change
Corporate governance
Corporate sustainability
Decision making
Developing countries
Emissions
Environmental management
Environmental protection
Greenhouse gases
Industrialized nations
LDCs
Stakeholders
Stock exchanges
title Environmental Performance and Corporate Governance: Evidence from Japan
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-05T18%3A28%3A45IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-gale_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Environmental%20Performance%20and%20Corporate%20Governance:%20Evidence%20from%20Japan&rft.jtitle=Sustainability&rft.au=Abedin,%20Syeda%20Humayra&rft.date=2023-02-01&rft.volume=15&rft.issue=4&rft.spage=3273&rft.pages=3273-&rft.issn=2071-1050&rft.eissn=2071-1050&rft_id=info:doi/10.3390/su15043273&rft_dat=%3Cgale_proqu%3EA743493853%3C/gale_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2779693039&rft_id=info:pmid/&rft_galeid=A743493853&rfr_iscdi=true