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Does Older Mean Better? Analyses of Boards' Influence on Sustainability Performance
Business Strategy and the Environment ( IF 12.5 ) Pub Date : 2024-12-09 , DOI: 10.1002/bse.4083
Augustine Donkor, Kwadjo Appiagyei, Sally Mingle Yorke, Ernest Gyapong

This study examines the influence of board generational cohorts on firms' sustainability performance (FSP) and the critical mass of directors within the different cohorts that influences FSP. We find that while Boomers have a positive influence on FSP, Traditionalist, GenX and GenY members are less concerned about FSP. Additionally, older cohorts (Traditionalists and Boomers) require three directors to exert their respective influence on FSP, whereas GenX and GenY require two or more and one director, respectively. Furthermore, the presence of Boomers may mitigate the limited focus of other generational cohorts on FSP. By identifying that not all cohorts in the older generation have a positive influence on FSP, that boomers may help mitigate the negative influence of other cohorts and the critical mass for which each cohort establishes an influence, we inform firms and policy makers on the mix of cohorts on the board that may enhance FSP.

中文翻译:


年长意味着更好吗?董事会对可持续发展绩效的影响分析



本研究考察了董事会代际群体对公司可持续发展绩效 (FSP) 的影响,以及影响 FSP 的不同群体中董事的临界数量。我们发现,虽然婴儿潮一代对 FSP 有积极影响,但传统主义者、GenX 和 GenY 成员对 FSP 的关注较少。此外,年龄较大的群体(传统主义者和婴儿潮一代)需要三名董事才能对 FSP 施加各自的影响,而 X 世代和 Y 世代分别需要两名或更多人和一名董事。此外,婴儿潮一代的存在可能会减轻其他代际群体对 FSP 的有限关注。通过确定并非老一代中的所有队列都对 FSP 有积极影响,婴儿潮一代可能有助于减轻其他队列的负面影响以及每个队列建立影响的临界质量,我们向公司和政策制定者通报董事会中可能增强 FSP 的队列组合。
更新日期:2024-12-09
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