Empowering Women on Boards: Gender Quotas and Waste Generation
研究了2011至2021年欧洲上市公司董事会性别配额对废物产生的影响，发现配额显著减少废物，尤其在强制配额国家、巴黎协定后、设有CSR委员会及制造业企业中效果更强。
ABSTRACT With the growing emphasis on sustainability in corporate governance, implementing quotas to increase gender diversity on boards has attracted attention because of its potential to promote more responsible environmental practices, including waste management. The purpose of this paper is to explore the role of gender quotas in the boardroom on waste generation for a sample of European listed companies from 2011 to 2021. Based on critical mass and institutional theory perspectives, the results show that gender quotas on boards have a significant negative effect on waste generation. This negative effect increases in countries with binding quotas, suggesting that firms operating in countries with binding gender quotas capitalize on the potential for improved environmental outcomes. Further results show that the negative relationship between gender quotas and waste generation is more prevalent following the Paris Agreement on climate change and the adoption of the Sustainable Development Goals (SDGs) in 2015, in firms with corporate social responsibility (CSR) committees and in firms operating in manufacturing industries.