Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets

PurposeThis study conducts a meta-analysis to investigate the impact of board diversity, independence and size on carbon emission disclosure.Design/methodology/approachThe results of 22 empirical investigations on the association between board qualities and carbon emission disclosure are synthesised...

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Published in:JOURNAL OF ACCOUNTING LITERATURE
Main Authors: Alfi, Coky Fauzi; Mohamad, Maslinawati; Hussainey, Khaled
Format: Article; Early Access
Language:English
Published: EMERALD GROUP PUBLISHING LTD 2024
Subjects:
Online Access:https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001136626900001
author Alfi
Coky Fauzi; Mohamad
Maslinawati; Hussainey
Khaled
spellingShingle Alfi
Coky Fauzi; Mohamad
Maslinawati; Hussainey
Khaled
Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets
Business & Economics
author_facet Alfi
Coky Fauzi; Mohamad
Maslinawati; Hussainey
Khaled
author_sort Alfi
spelling Alfi, Coky Fauzi; Mohamad, Maslinawati; Hussainey, Khaled
Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets
JOURNAL OF ACCOUNTING LITERATURE
English
Article; Early Access
PurposeThis study conducts a meta-analysis to investigate the impact of board diversity, independence and size on carbon emission disclosure.Design/methodology/approachThe results of 22 empirical investigations on the association between board qualities and carbon emission disclosure are synthesised using a meta-analysis approach. Inclusion and exclusion criteria are established, and search strategies are devised to locate relevant material. Data extraction entails gathering important information such as the names of the authors, variables and correlation coefficients. Fisher's z-transformation is used to compute and synthesise effect sizes and assumptions, sensitivity testing and subgroup analysis are performed to assess the robustness of the findings.FindingsA substantial association was discovered between board characteristics and carbon emission disclosure. Board independence and gender diversity revealed small to medium-strength positive relationships, whilst board size had a medium-strength positive correlation. The study periods varied from 2011 to 2022, with 2018 having the most studies. However, highly heterogeneous groups were discovered; further subgroup analyses were then carried out to sort out this issue.Research limitations/implicationsSeveral limitations were recognised due to the limited number of studies and heterogeneity, although subgroup analysis was used to reduce the influence of heterogeneity. To investigate alternate outcomes, more analysis of the heterogeneity level and potential modifications to the model assumptions may be required.Practical implicationsCompanies should consider board size, independence and gender diversity when formulating long-term competitive strategies in the climate change movement. These characteristics can aid in bridging information gaps and garnering stakeholder support for carbon-reduction initiatives.Originality/valueThis meta-analysis addresses a gap in the literature by addressing prior studies' conflicting and inconsistent findings on the association between board characteristics and carbon emission disclosure. It employs a rigorous approach and synthesis strategy to provide a thorough and robust understanding of the crucial role of board characteristics in carbon emission disclosure.
EMERALD GROUP PUBLISHING LTD
0737-4607
2452-1469
2024


10.1108/JAL-07-2023-0126
Business & Economics

WOS:001136626900001
https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001136626900001
title Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets
title_short Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets
title_full Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets
title_fullStr Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets
title_full_unstemmed Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets
title_sort Unveiling the hidden symphony: board dynamics and carbon emission disclosure - a meta-analysis study in the realm of developed markets
container_title JOURNAL OF ACCOUNTING LITERATURE
language English
format Article; Early Access
description PurposeThis study conducts a meta-analysis to investigate the impact of board diversity, independence and size on carbon emission disclosure.Design/methodology/approachThe results of 22 empirical investigations on the association between board qualities and carbon emission disclosure are synthesised using a meta-analysis approach. Inclusion and exclusion criteria are established, and search strategies are devised to locate relevant material. Data extraction entails gathering important information such as the names of the authors, variables and correlation coefficients. Fisher's z-transformation is used to compute and synthesise effect sizes and assumptions, sensitivity testing and subgroup analysis are performed to assess the robustness of the findings.FindingsA substantial association was discovered between board characteristics and carbon emission disclosure. Board independence and gender diversity revealed small to medium-strength positive relationships, whilst board size had a medium-strength positive correlation. The study periods varied from 2011 to 2022, with 2018 having the most studies. However, highly heterogeneous groups were discovered; further subgroup analyses were then carried out to sort out this issue.Research limitations/implicationsSeveral limitations were recognised due to the limited number of studies and heterogeneity, although subgroup analysis was used to reduce the influence of heterogeneity. To investigate alternate outcomes, more analysis of the heterogeneity level and potential modifications to the model assumptions may be required.Practical implicationsCompanies should consider board size, independence and gender diversity when formulating long-term competitive strategies in the climate change movement. These characteristics can aid in bridging information gaps and garnering stakeholder support for carbon-reduction initiatives.Originality/valueThis meta-analysis addresses a gap in the literature by addressing prior studies' conflicting and inconsistent findings on the association between board characteristics and carbon emission disclosure. It employs a rigorous approach and synthesis strategy to provide a thorough and robust understanding of the crucial role of board characteristics in carbon emission disclosure.
publisher EMERALD GROUP PUBLISHING LTD
issn 0737-4607
2452-1469
publishDate 2024
container_volume
container_issue
doi_str_mv 10.1108/JAL-07-2023-0126
topic Business & Economics
topic_facet Business & Economics
accesstype
id WOS:001136626900001
url https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001136626900001
record_format wos
collection Web of Science (WoS)
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