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[期刊]

The Impact of Directors' Foreign Experience on Environmental Information Disclosure: Evidence from Heavily Polluting Chinese Firms

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Author:

Hussain, Muhammad Jameel (Hussain, Muhammad Jameel.) | Tian, Gaoliang (Tian, Gaoliang.) | Ayaz, Muhammad (Ayaz, Muhammad.) | Unfold

Indexed by:

SSCI Scopus Web of Science

Abstract:

Based on manually collected data relating to board internationalization, measured as directors' experience gained in developed countries, this paper explores the relationship between directors' foreign experience and the environmental information disclosure of Chinese heavily polluting firms from 2016 to 2019. We find that directors' foreign experience has a significant positive impact on environmental information disclosure. These findings are robust and consistent across various analytical models. In addition, empirical evidence shows that the positive effect of directors' foreign experience on environmental information disclosure is more significant in state-owned enterprises and firms with foreign ownership. Our research has important implications for policy-makers and regulators.

Keyword:

Directors' foreign experience Environmental information disclosure Returnee directors

Author Community:

  • [ 1 ] [Hussain, Muhammad Jameel]Xi An Jiao Tong Univ, Sch Management, Xian, Peoples R China
  • [ 2 ] [Tian, Gaoliang]Xi An Jiao Tong Univ, Sch Management, Xian, Peoples R China
  • [ 3 ] [Ayaz, Muhammad]Fatima Jinnah Women Univ, Dept Business Adm, Rawalpindi, Pakistan
  • [ 4 ] [Zhang, Xia]Alabama A&M Univ, Coll Business & Publ Affairs, Dept Accounting & Finance, Normal, AL 35762 USA

Reprint Author's Address:

  • G. Tian;;School of Management, Xi'an Jiaotong University, China;;email: tian-gl@xjtu.edu.cn;;

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Source :

ASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES

ISSN: 2041-9945

Year: 2022

Issue: 3

Volume: 51

Page: 486-509

1 . 1 1 3

JCR@2020

ESI Discipline: ECONOMICS & BUSINESS;

ESI HC Threshold:7

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 14

30 Days PV: 3

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