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This study analyses whether board diversity in terms of gender and culture, as well as members’ experience and tenure, has a positive influence on the undertaking of environmental practices. The analysis was performed on a broad sample of international companies from 29 countries, on the basis of an index made up of 55 environmental activities. We designed a Tobit model in which the index of environmental practices is a function of several features of the board. The findings confirm that more diverse boards, with more experienced and long-tenured members, are more prone to the environmental commitment by promoting a broader range of environmental initiatives. The article provides new insights in terms of the influence of board diversity in culture, experience, and tenure. We extend ... |
