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Board gender diversity and transparency of environmental, social and governance disclosure: Evidence from Malaysia
Author(s) -
Wasiuzzaman Shaista,
Wan Mohammad Wan Masliza
Publication year - 2020
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.3099
Subject(s) - gender diversity , corporate governance , transparency (behavior) , accounting , ordinary least squares , diversity (politics) , emerging markets , business , quality (philosophy) , economics , political science , finance , econometrics , law , philosophy , epistemology
This study aims to investigate the effect of board gender diversity on the transparency of environmental, social, and governance (ESG) disclosures in an emerging market such as Malaysia. Dataset is comprised of 568 firm‐year observations from 78 firms listed on the Bursa Malaysia. Ordinary least squares regression analysis of the data shows that ESG disclosure scores are significantly improved with the increasing presence of women directors on corporate boards. However, when the individual components are studied, the impact of board gender diversity varies. This study contributes to the limited but growing literature on ESG reporting quality and board gender diversity especially in emerging economies.