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Can I read The Agency of Greenwashing on EtoBox?
The Agency of Greenwashing by Marco Ghitti; Gianfranco Gianfrate; Lorenza Palma is a Business, Management and Accounting article available to read on EtoBox.
What is The Agency of Greenwashing about?
## Abstract As climate change increasingly challenges business models, the disclosure of firm environmental performance casts growing attention by corporate stakeholders. This creates wider opportunities and incentives for greenwash behaviors. We propose a novel set of measures to capture greenwashing and we investigate the association between greenwashing and corporate governance features that traditionally mitigate agency problems. We show that board characteristics are variously associated with the apparent degree of corporate greenwashing. Firms with more independent directors tend to greenwash more, the presence of female board directors seems to have a positive impact on the degree of greenwashing, while the effect of board size on greenwashing remains ambiguous. Importantly, we find that greenwashing reduces firm value.
Who reads The Agency of Greenwashing?
It is typically read by researchers, students, and practitioners in Business, Management and Accounting.
- Author
- Marco Ghitti; Gianfranco Gianfrate; Lorenza Palma
- Publisher
- Springer Science and Business Media LLC
- Published
- 2023
- Language
- EN
- Field
- Business, Management and Accounting (Social Sciences)