Influence of Board Characteristics on Carbon Emission Disclosure: Evidence from the Nigerian Oil and Gas Sector

Authors

  • Oyerogba Ezekiel College of Social and Management Sciences, Bowen University, Iwo, Nigeria
  • Sunday Olugbenro Department of Bursary, Oyo State College of Education, Lanlate, Nigeria
  • Sunday Omojola College of Social and Management Sciences, Bowen University, Iwo, Nigeria
  • Olatunde Wright College of Social and Management Sciences, Bowen University, Iwo, Nigeria
  • Olateju Aregbesola College of Social and Management Sciences, Bowen University, Iwo, Nigeria

DOI:

https://doi.org/10.32479/ijeep.16666

Keywords:

Board Characteristics, Carbon Emission Disclosure Quality, Board Gender Diversity, Board Ethnic Diversity

Abstract

This study investigates whether board characteristics influence a firm’s carbon emission disclosure, in the context of the Nigerian listed oil and gas companies. Board characteristics is divided into board composition (board size, board independence and board structure) and board diversity (board gender diversity, ethnicity and background). The study assessed data from 22 quoted oil and gas companies for the fifteen-year period (2009-2023). The study adopted ordered regression for data analysis and concludes that board structure, board independence, board gender diversity and board ethnicity significantly influence the likelihood of high-quality carbon emission disclosure. The findings established the significant roles of the board in allocating resources to environmentally friendly activities, monitoring managerial activities, and ensuring that firms meet its obligation to operate in a climate friendly manner.

Downloads

Download data is not yet available.

Downloads

Published

2024-09-07

How to Cite

Ezekiel, O., Olugbenro, S., Omojola, S., Wright, O., & Aregbesola, O. (2024). Influence of Board Characteristics on Carbon Emission Disclosure: Evidence from the Nigerian Oil and Gas Sector. International Journal of Energy Economics and Policy, 14(5), 582–592. https://doi.org/10.32479/ijeep.16666

Issue

Vol. 14 No. 5 (2024)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.