Unveiling Corporate Environmental Disclosure: The Effects of Gender Diversity in Boardrooms and Audit Committees
Loading...
Date
2024-01
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
African Journal of Accounting and African Studies (AJASSS)
Abstract
This study focuses on examining the impact of board gender diversity in the
boardroom and audit committees and the level of corporate environmental
disclosures (CED) of listed manufacturing firms at the Dar es Salaam Stock of
Exchange (DSE) in Tanzania and Nairobi Security Exchanges (NSE) in Kenya.
The study employed stakeholder theory as the theoretical foundation. Fixed effect
panel regression was used to analyze a balanced sample of 13 companies for
seven years (2016 to 2022) resulting in 91 listed firm-years. The findings reveal
that women in the audit committee exerted a positive and significant influence on
CED while women directors exhibited a negative and insignificant impact on
CED. This study focuses on manufacturing firms to increase the internal validity
due to this selection it limits generalization of the findings to other industries.
Furthermore, this study contributes to the body of knowledge of corporate
governance-related topics of listed manufacturing firms in Kenya and Tanzania.
Description
Keywords
Board gender diversity, corporate environmental disclosure, audit committee, stakeholder theory.