The Impact of Supervisory Board Composition on CSR Reporting. Evidence from the German Two-Tier System

Sustainability

Dominik Dienes²  Patrick Velte¹ 

[1] Institute of Banking, Finance and Accounting, Leuphana University of Lüneburg, Scharnhorststr. 1, 21335 Lüneburg, Germany;;Institute of Auditing and Taxation, University of Hamburg, Max-Brauer-Allee 60, 22527 Hamburg, Germany

关键词: CSR reporting;    corporate governance;    gender diversity;    supervisory board composition;   

DOI  :  10.3390/su8010063

来源: mdpi

【 摘 要 】

Corporate social responsibility (CSR) reporting is becoming increasingly relevant in light of modern corporate governance. There is growing activity among empirical research in one-tier systems that considers the link between board composition and CSR reporting. This study is the first of its kind on the German two-tier system with special regard for the supervisory board. We analyze gender diversity, expertise, the presence of former managers, frequency of meetings, and the size of the supervisory board. Our multiple regressions indicate that gender diversity has a positive impact on CSR disclosure intensity, which is in line with prior studies on one-tier systems. Our findings have implications for both users and public policy and suggest that current European corporate governance regulations could help to increase the decision usefulness of CSR reporting.

【 授权许可】

CC BY   
© 2016 by the authors; licensee MDPI, Basel, Switzerland.