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Boards of directors and corporate sustainability performance : evidence from the emerging East Asian markets

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Abstract
The study examines the influence of board structure on the economic, environmental, and social dimensions of corporate sustainability performance from the perspective of agency theory and stakeholder theory. If a firm's commitment to sustainable development is to satisfy environmental and social needs and to develop long-term relationships with all stakeholders for sustainable business, we expect that a board of directors would demonstrate their commitment by enhancing all different dimensions of sustainability. Based on a panel analysis of data from the emerging East Asian markets between 2011 and 2016, we identify which board attributes promote corporate sustainability performance and also prove that some attributes fit well with some particular sustainability dimensions. The findings have important implications by identifying the role of corporate boards in sustainability performance and providing a foundation for their efforts to enhance sustainable development.
Keywords
Agency theory, Board of directors, Corporate sustainability performance, Emerging East Asia, Stakeholder theory, SOCIAL-RESPONSIBILITY DISCLOSURE, GOVERNANCE, OWNERSHIP, FRAMEWORK, IMPACT, FIRM, CSR

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MLA
Nguyen, Thi Xuan Linh, et al. “Boards of Directors and Corporate Sustainability Performance : Evidence from the Emerging East Asian Markets.” INTERNATIONAL JOURNAL OF DISCLOSURE AND GOVERNANCE, vol. 18, no. 2, 2021, pp. 95–105, doi:10.1057/s41310-020-00102-0.
APA
Nguyen, T. X. L., Doan, A. N. P., & Frömmel, M. (2021). Boards of directors and corporate sustainability performance : evidence from the emerging East Asian markets. INTERNATIONAL JOURNAL OF DISCLOSURE AND GOVERNANCE, 18(2), 95–105. https://doi.org/10.1057/s41310-020-00102-0
Chicago author-date
Nguyen, Thi Xuan Linh, Anh N. P. Doan, and Michael Frömmel. 2021. “Boards of Directors and Corporate Sustainability Performance : Evidence from the Emerging East Asian Markets.” INTERNATIONAL JOURNAL OF DISCLOSURE AND GOVERNANCE 18 (2): 95–105. https://doi.org/10.1057/s41310-020-00102-0.
Chicago author-date (all authors)
Nguyen, Thi Xuan Linh, Anh N. P. Doan, and Michael Frömmel. 2021. “Boards of Directors and Corporate Sustainability Performance : Evidence from the Emerging East Asian Markets.” INTERNATIONAL JOURNAL OF DISCLOSURE AND GOVERNANCE 18 (2): 95–105. doi:10.1057/s41310-020-00102-0.
Vancouver
1.
Nguyen TXL, Doan ANP, Frömmel M. Boards of directors and corporate sustainability performance : evidence from the emerging East Asian markets. INTERNATIONAL JOURNAL OF DISCLOSURE AND GOVERNANCE. 2021;18(2):95–105.
IEEE
[1]
T. X. L. Nguyen, A. N. P. Doan, and M. Frömmel, “Boards of directors and corporate sustainability performance : evidence from the emerging East Asian markets,” INTERNATIONAL JOURNAL OF DISCLOSURE AND GOVERNANCE, vol. 18, no. 2, pp. 95–105, 2021.
@article{8694414,
  abstract     = {{The study examines the influence of board structure on the economic, environmental, and social dimensions of corporate sustainability performance from the perspective of agency theory and stakeholder theory. If a firm's commitment to sustainable development is to satisfy environmental and social needs and to develop long-term relationships with all stakeholders for sustainable business, we expect that a board of directors would demonstrate their commitment by enhancing all different dimensions of sustainability. Based on a panel analysis of data from the emerging East Asian markets between 2011 and 2016, we identify which board attributes promote corporate sustainability performance and also prove that some attributes fit well with some particular sustainability dimensions. The findings have important implications by identifying the role of corporate boards in sustainability performance and providing a foundation for their efforts to enhance sustainable development.}},
  author       = {{Nguyen, Thi Xuan Linh and Doan, Anh N. P. and Frömmel, Michael}},
  issn         = {{1741-3591}},
  journal      = {{INTERNATIONAL JOURNAL OF DISCLOSURE AND GOVERNANCE}},
  keywords     = {{Agency theory,Board of directors,Corporate sustainability performance,Emerging East Asia,Stakeholder theory,SOCIAL-RESPONSIBILITY DISCLOSURE,GOVERNANCE,OWNERSHIP,FRAMEWORK,IMPACT,FIRM,CSR}},
  language     = {{eng}},
  number       = {{2}},
  pages        = {{95--105}},
  title        = {{Boards of directors and corporate sustainability performance : evidence from the emerging East Asian markets}},
  url          = {{http://doi.org/10.1057/s41310-020-00102-0}},
  volume       = {{18}},
  year         = {{2021}},
}

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