HCBE Faculty Articles

Main Effects of Executive Pay and Board Diversity on Sustainability: Evidence from the Top Global 100 Firms

Document Type

Article

Publication Title

The Journal of Business Inquiry

ISSN

2155-4072

Publication Date

7-1-2017

Abstract/Excerpt

Waterproductivity has become a major driver of the current sustainability wave in the business world. However, there is scant research on factors that drive sustainability at the firm level. Our study examines the main and interaction effects of “CEO-to-average worker pay” and “gender diversity on board of directors” on water productivity at the firm level. Based on data from the top Global 100 sustainable firms, my study shows that both “CEO-to-average worker pay” and “gender diversity on board of directors” have positive main effects but a negative interaction effect on water productivity at the firm level.

Volume

16

Issue

1

First Page

36

Last Page

49

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