Corporate Governance and Greenhouse Gas Disclosures: Evidence From the United States

Abstract

Purpose

The purpose of this chapter is to investigate the relationship between corporate governance and greenhouse gas (GHG) disclosures using evidence from the United States.

Design/Methodology/Approach

The study is based on a sample of 168 firms listed on the New York Stock Exchange (NYSE) in the United States. Panel data are used covering a period from 2017 to 2020 involving 672 observations.

Findings

The results indicate that board size has a positive and significant effect on GHG disclosures while the effect of ownership concentration and insider ownership is negative and significant. The proportion of non-executive directors is not significant. In terms of control variables, firm size and financial slack have a positive effect on GHG disclosures.

Originality/Value

The study results add evidence to the already existing literature on the relationship between corporate governance and GHG disclosures using evidence from the United States.

Citation

Bananuka (RIP), J., Kasoga, P.S. and Tumwebaze, Z. (2023), "Corporate Governance and Greenhouse Gas Disclosures: Evidence From the United States", Tauringana, V. and Moses, O. (Ed.) Green House Gas Emissions Reporting and Management in Global Top Emitting Countries and Companies (Advances in Environmental Accounting & Management, Vol. 11), Emerald Publishing Limited, Leeds, pp. 51-79. https://doi.org/10.1108/S1479-359820230000011004