Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independence
Purpose – The current study dealt with the ownership structure effect as a potential determinant of the environmental, social and governance (ESG) performance disclosure in the Jordanian context. Design/methodology/approach – Using the content analysis technique, data were collected and analyzed fro...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Emerald Publishing
2022-04-01
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| Series: | Journal of Business and Socio-Economic Development |
| Subjects: | |
| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/JBSED-07-2021-0094/full/pdf |
| _version_ | 1797786121608888320 |
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| author | Hamzeh Al Amosh Saleh F.A. Khatib |
| author_facet | Hamzeh Al Amosh Saleh F.A. Khatib |
| author_sort | Hamzeh Al Amosh |
| collection | DOAJ |
| description | Purpose – The current study dealt with the ownership structure effect as a potential determinant of the environmental, social and governance (ESG) performance disclosure in the Jordanian context. Design/methodology/approach – Using the content analysis technique, data were collected and analyzed from a final sample of 51 annual reports of Jordanian industrial companies listed for 2012–2019. Findings – The results show that foreign ownership and state ownership play a critical role in disclosing the ESG performance. Also, the board's independence plays an influential role in improving disclosure quality, enhancing family ownership in disclosure. It also limits the negative role of block holder ownership and managerial ownership on the ESG disclosure. Originality/value – To the best of the authors' knowledge, this is the first study that deals with the role of ownership structure on the ESG disclosure level separately and collectively through the moderating role of board independence. |
| first_indexed | 2024-03-13T01:04:31Z |
| format | Article |
| id | doaj.art-00d0c88933f64a8fbdb1f84e531ffb13 |
| institution | Directory Open Access Journal |
| issn | 2635-1374 2635-1692 |
| language | English |
| last_indexed | 2024-03-13T01:04:31Z |
| publishDate | 2022-04-01 |
| publisher | Emerald Publishing |
| record_format | Article |
| series | Journal of Business and Socio-Economic Development |
| spelling | doaj.art-00d0c88933f64a8fbdb1f84e531ffb132023-07-06T07:41:47ZengEmerald PublishingJournal of Business and Socio-Economic Development2635-13742635-16922022-04-0121496610.1108/JBSED-07-2021-0094Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independenceHamzeh Al Amosh0Saleh F.A. Khatib1Ministry of Education and Higher Education Qatar, Doha, QatarAzman Hashim International Business School, Universiti Teknologi Malaysia, Johor Bahru, MalaysiaPurpose – The current study dealt with the ownership structure effect as a potential determinant of the environmental, social and governance (ESG) performance disclosure in the Jordanian context. Design/methodology/approach – Using the content analysis technique, data were collected and analyzed from a final sample of 51 annual reports of Jordanian industrial companies listed for 2012–2019. Findings – The results show that foreign ownership and state ownership play a critical role in disclosing the ESG performance. Also, the board's independence plays an influential role in improving disclosure quality, enhancing family ownership in disclosure. It also limits the negative role of block holder ownership and managerial ownership on the ESG disclosure. Originality/value – To the best of the authors' knowledge, this is the first study that deals with the role of ownership structure on the ESG disclosure level separately and collectively through the moderating role of board independence.https://www.emerald.com/insight/content/doi/10.1108/JBSED-07-2021-0094/full/pdfOwnership structureBoard independenceESG disclosureStakeholdersLegitimacy |
| spellingShingle | Hamzeh Al Amosh Saleh F.A. Khatib Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independence Journal of Business and Socio-Economic Development Ownership structure Board independence ESG disclosure Stakeholders Legitimacy |
| title | Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independence |
| title_full | Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independence |
| title_fullStr | Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independence |
| title_full_unstemmed | Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independence |
| title_short | Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independence |
| title_sort | ownership structure and environmental social and governance performance disclosure the moderating role of the board independence |
| topic | Ownership structure Board independence ESG disclosure Stakeholders Legitimacy |
| url | https://www.emerald.com/insight/content/doi/10.1108/JBSED-07-2021-0094/full/pdf |
| work_keys_str_mv | AT hamzehalamosh ownershipstructureandenvironmentalsocialandgovernanceperformancedisclosurethemoderatingroleoftheboardindependence AT salehfakhatib ownershipstructureandenvironmentalsocialandgovernanceperformancedisclosurethemoderatingroleoftheboardindependence |