Strong Corporate Governance Boosts Firm Value with Environmental Disclosure
The study looked at how having independent board members, institutional ownership, and managerial ownership can impact a company's value. They also examined how environmental disclosure plays a role in this relationship. The researchers found that having independent board members, institutional ownership, and managerial ownership all positively affect a company's value. Additionally, when a company discloses its environmental practices, it can strengthen the positive impact of these factors on the company's overall value.