The Influence of Board Characteristics on Waste Disclosures: Evidence from ASEAN Region Countries
DOI:
https://doi.org/10.55164/ecbajournal.v17i1.268933Keywords:
Board Characteristics, Waste Disclosures, Waste Recycled, ASEAN countriesAbstract
This research aims to study board characteristics and waste disclosures, the differences in waste disclosures, and the influence of board characteristics on waste disclosures of listed companies on the stock exchange from ASEAN region countries consisting of Thailand, Indonesia, Malaysia, and the Philippines. The sample size is 790 samples from 2010 to 2019.The board characteristics consist board size, female board members, CEO duality, foreign board, and CSR board committee. Descriptive analysis, one-way ANOVA, and multiple regression have been used to analyse. The results found that the average amount of waste recycled is 0.44996 million tones. There is a significant difference among the study groups. Cultural factor and CSR committee factor have a positive influence on waste disclosures whereas board size has a negative influence, while women board members and dual deputy factor have no influent on waste disclosures in the holistic ASEAN countries view. Furthermore, in the additional test of individual country views, the results found that 1) board size and female board members have positive influence on waste disclosures in Thailand, 2) cultural factor has a positive influence on waste disclosures in Thailand and Indonesia, and 3) CSR committee factor has a positive influence on waste disclosures in Indonesia. This research provides evidence in the ASEAN countries context to demonstrate the agent board member’s characteristics affect the corporate disclosure and operation for their sustainability.
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