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Do corporate anti-bribery and corruption commitments enhance environmental management performance? The moderating role of corporate social responsibility accountability and executive compensation governance
Faculty
Commerce
Year:
2023
Type of Publication:
ZU Hosted
Pages:
Authors:
Ahmed Attia Ali Attia Sarhaan
Staff Zu Site
Abstract In Staff Site
Journal:
Journal of Environmental Management Elsevier
Volume:
Keywords :
, corporate anti-bribery , corruption commitments enhance environmental
Abstract:
This study aims to examine the potential impact (substantive or symbolic) of firms’ anti-bribery and corruption commitments (ABCC) on environmental management performance (ENVS). We also seek to explore whether this link is contingent on corporate social responsibility (CSR) accountability and executive compensation governance. To achieve these aims, we use a sample of 2151 firm-year observations representing 214 FTSE 350 nonfinancial companies from 2002 to 2016. Our findings support a positive association between firms’ ABCC and ENVS. In addition, our evidence shows that CSR accountability and executive compensation governance are significant substitutes for ABCC to engender enhanced ENVS. Our study highlights practical implications for organisations, regulators and policymakers, and suggests several avenues for future environmental management research. Overall, our findings are unsensitive to alternative measures of ENVS, different types of multivariate regression methods, namely ordinary least squares (OLS) and two-step generalized method of moments (GMM) regressions, and controlling for industry environmental risk and the implementation of the UK Bribery Act 2010.
Author Related Publications
Ahmed Attia Ali Attia Sarhaan, "Corporate boards, shareholding structures and voluntary disclosure in emerging MENA economies", Journal of Accounting in Emerging Economies, 2019
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Ahmed Attia Ali Attia Sarhaan, "Firm- and country-level antecedents of corporate governance compliance and disclosure in MENA countries", Managerial Auditing Journal, 2018
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Ahmed Attia Ali Attia Sarhaan, "Firm- and country-level antecedents of corporate governance compliance and disclosure in MENA countries", Managerial Auditing Journal, 2018
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Ahmed Attia Ali Attia Sarhaan, "The influence of corporate governance and shareholding structure on corporate social responsibility: The key role of executive compensation", John Wiley & Sons, 2022
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Ahmed Attia Ali Attia Sarhaan, "Cash holdings and corruption prevention commitment: Evidence from the UK", John Wiley & Sons, 2023
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