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CORPORATE GOVERNANCE AND CORPORATE ILLEGALITY: THE EFFECTS OF BOARD STRUCTURE ON ENVIRONMENTAL VIOLATIONS
Abstract
This paper examined the effects of corporate governance structures on the incidence of corporate illegality by analyzing the relationship between environmental violations and several dimensions of corporate board structure. Results demonstrated that the value of stock owned by corporate officers and directors was positively and significantly associated with serious environmental violations. Outsider dominance, joint CEO‐Chairpersons, social responsibility committees, and attorneys on boards were not significantly related to corporate illegal behavior. The control variables of size, industry profitability, firm profitability, and industry concentration were all significantly related to environmental violations. The findings involving board structure cast doubt on the efficacy of many popular corporate governance reform proposals.
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Citations
Cited by
Corporate governance and environmental performance: is there really a link?
Walls, J. L., Berrone, P., & Phan, P. H. (2012) · Strategic Management Journal · doi:10.1002/smj.1952 · Cited by 1,160
Mahoney, L. S., & Thorn, L. (2006) · Journal of Business Ethics · doi:10.1007/s10551-006-9073-x · Cited by 270
Exceptional boards: Environmental experience and positive deviance from institutional norms
Walls, J. L., & Hoffman, A. J. (2013) · Journal of Organizational Behavior · doi:10.1002/job.1813 · Cited by 221
Metadata
- Authors
- McKendall, M., Sánchez, C., & Sicilian, P.
- Venue
- The International Journal of Organizational Analysis
- Publisher
- Emerald
- Published
- 1999-03-01
- Volume
- 7
- Issue
- 3
- Pages
- 201-223
- ISSN
- 1055-3185 (ISSN-L)
- OpenAlex
- W2074027571
- Cited by
- 169
- References
- 0
- FWCI
- 1.70
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: CORPORATE GOVERNANCE AND CORPORATE ILLEGALITY: THE EFFECTS OF BOARD STRUCTURE ON ENVIRONMENTAL VIOLATIONS. https://app.cochat.ai/papers/10.1108/eb028900
- The paper
- McKendall, M., Sánchez, C., & Sicilian, P. (1999). CORPORATE GOVERNANCE AND CORPORATE ILLEGALITY: THE EFFECTS OF BOARD STRUCTURE ON ENVIRONMENTAL VIOLATIONS. The International Journal of Organizational Analysis. https://doi.org/10.1108/eb028900
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
