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Board of director attributes and CSR engagement in emerging economy firms: Evidence from across Asia

Journal Article


Abstract


  • This study investigates the relationship between the board of director attributes and corporate social responsibility (CSR) engagement across a sample of Asian emerging economy firms. We find a statistically positive relationship between CSR engagement and several directors' attributes including their political influence, international experience, business expertise, other directorships held and independence from management. These empirical results indicate that while corporate governance recommendations designed for developed economy firms are relevant for emerging economy firms, additional director attributes are also important in encouraging CSR engagement in emerging economy firms given the divergent institutional and resource dependency issues they face.

Publication Date


  • 2021

Citation


  • Al-Mamun, A., & Seamer, M. (2021). Board of director attributes and CSR engagement in emerging economy firms: Evidence from across Asia. Emerging Markets Review, 46. doi:10.1016/j.ememar.2020.100749

Scopus Eid


  • 2-s2.0-85096383835

Web Of Science Accession Number


Volume


  • 46

Abstract


  • This study investigates the relationship between the board of director attributes and corporate social responsibility (CSR) engagement across a sample of Asian emerging economy firms. We find a statistically positive relationship between CSR engagement and several directors' attributes including their political influence, international experience, business expertise, other directorships held and independence from management. These empirical results indicate that while corporate governance recommendations designed for developed economy firms are relevant for emerging economy firms, additional director attributes are also important in encouraging CSR engagement in emerging economy firms given the divergent institutional and resource dependency issues they face.

Publication Date


  • 2021

Citation


  • Al-Mamun, A., & Seamer, M. (2021). Board of director attributes and CSR engagement in emerging economy firms: Evidence from across Asia. Emerging Markets Review, 46. doi:10.1016/j.ememar.2020.100749

Scopus Eid


  • 2-s2.0-85096383835

Web Of Science Accession Number


Volume


  • 46