Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2038649
Sustainable corporate governance and gender diversity on corporate boards: evidence from COVID-19
Muhammad Abubakr Naeem
Sitara Karim
Safwan Mohd Nor
Rusmawati Ismail
Sažetak
The unprecedented challenges caused by the COVID-19 pandemic
have led to a need to re-examine sustainable corporate governance practices. Within this context, the current study investigates
the moderated effect of gender-diverse corporate boards on sustainable corporate governance practices in Malaysian financial
and non-financial firms during the period 2011–2020, employing
the dynamic estimator (S-GMM). During the COVID-19 pandemic,
a negative relationship between ownership constructs and Global
Reporting Initiative (GRI) indicators is observed in non-financial
firms, whereas the opposite is reported for financial firms.
Moreover, the moderated effect of gender-diverse boards is only
substantiated in financial firms. The findings reveal that sustainable corporate governance is practised in financial firms but not
in non-financial firms. Particularly, we draw significant implications
for policymakers and regulatory bodies of Malaysia to carefully
monitor the implementation of sustainable corporate governance
given uncertain circumstances of COVID-19 pandemic. Further,
our study is beneficial for academics, practitioners, and research
scholars for their future research endeavours.
Ključne riječi
Gender diverse boards; COVID-19; sustainable corporate governance; S-GMM
Hrčak ID:
302875
URI
Datum izdavanja:
31.3.2023.
Posjeta: 847 *