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Science And Nature

Ladies in top management teams boost corporate environmental strategies in emerging economies

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Researchers from Surrey Business School examined how firms with an increase of women within senior leadership teams performed on the adoption of environmental standards and how these women’s personal attributes contributed to the adoption of the standards.

Professor Tazeeb Rajwani, co-author of the analysis and Head of the Department of Strategy and International Business at the University of Surrey, says they “discovered that the easy presence of women at the top management teams results in companies adopting progressive environmental standards, particularly if women executives have personal power, are members of corporate social responsibility committees, and work in gender-egalitarian countries.”

“Consequently, women are motivated expressing their particular perspective in organizational and institutional contexts that accept and support the distinctiveness connected with their diversity.”

Using data from 490 firms in three highly polluted emerging countries (China, India and Pakistan), the study discovered that the proportion of ladies in top management teams (TMTs) is positively linked to the probability of that company adopting the International Organization for Standardizations’ ISO 14001 certification and renewala recognized and respected framework utilized by organizations to measure their .

Professor Rajwani continued: “Recently, firms from emerging countries have already been increasingly scrutinized for wrongdoing, particularly with regards to the environment. Stakeholders and everyone are more more comfortable with taking actions to discourage environmentally destructive practices.”

“For instance, investors generally in most countries now discount the share prices of firms that cause ; governments introduce regulations that impose pollution levies; and consumers use organizational environmental behavior as a criterion to make purchase decisions.”

The study was published in the Journal of Business Research.



More info: Abubakr Saeed et al, The impact of TMT gender diversity on corporate environmental strategy in emerging economies, Journal of Business Research (2021). DOI: 10.1016/j.jbusres.2021.11.057

Citation: Ladies in top management teams boost corporate environmental strategies in emerging economies (2022, August 10) retrieved 10 August 2022 from https://phys.org/news/2022-08-women-teams-boost-corporate-environmental.html

This document is at the mercy of copyright. Aside from any fair dealing for the intended purpose of private study or research, no part could be reproduced minus the written permission. This content is provided for information purposes only.

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