文档介绍：外文文献原文
Title: The effect of corporate governance on sustainability disclosure
Material Source: Springer Science Business Media, 2010
Author: Giovan Michel • Antonio
Abstract
Drawing on stakeholder theory, this paper examines the relationship of position, leadership and structure on sustainability disclosure. We discuss that good corporate governance and sustainability disclosure can be seen plementary mechanisms of legitimacy panies may use to dialogue with stakeholders. Specifically we claim that, as disclosure policies emanate from the board of directors, sustainability disclosure may be a function of the board attributes:we investigate the relationship between different characteristics of the board and sustainability disclosures among US and panies. Our results show that in order to explain the effect of position on sustainability disclosure we need to go beyond the narrow and traditional distinction between insider and independent directors, focusing on the specific characteristics of each director.
Keywords
position Sustainability disclosure
Community anizational legitimacy
Introduction
According to stakeholder theory, it is critical panies to enact stakeholder engagement processes in order to establish and enhance the firms’ legitimacy to operate. Organizational legitimacy, besides guaranteeing the inflow of capital, labor and customers necessary for the via