Corporate governance and environmental performance : is there really a link?
Walls, Judith L.
Phan, Phillip H.
Date of Issue2012
College of Business (Nanyang Business School)
Corporate governance scholars are increasingly interested in firms’ social and environmental performance. Empirical research in this area, however, has moved forward in an uncoordinated fashion, producing fragmented and contradictory results. Our paper seeks to address this situation by adopting a fact-based research approach that comprehensively explores the link between corporate governance and environmental performance. Specifically, we aim to understand how the relationships between and among the firm’s owners, managers and board of directors influence environmental performance. We are particularly interested in understanding the interactions among these three key sets of actors. In the end, we offer some observations about governance practices and discuss the implications for theory.
Strategic management journal
© 2012 John Wiley & Sons, Ltd. This is the author created version of a work that has been peer reviewed and accepted for publication by Strategic Management Journal, John Wiley & Sons, Ltd. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [http://dx.doi.org/10.1002/smj.1952].