Examining the Relationship Between the Board Characteristics and Sustainability Reporting

This study aims to investigate the relationship between board characteristics (internal mechanisms of corporate governance) and sustainability reporting in firms listed on the Tehran Stock Exchange. The study uses a sample of ۱۴۸ firms listed on the Tehran Stock Exchange and data from ۲۰۱۳ to ۲۰۲۲. Sustainability reporting is measured using the Global Reporting Initiative based on the Disclosure Index Score Method. The internal mechanisms of corporate governance include size, gender, financial expertise, and board independence, and the data is analyzed by using panel data. The results show a positive and significant relationship between board characteristics (Board size, Board independence, Board gender, and Board financial expertise) and sustainability reporting. It is suggested that company owners and policymakers pay attention to factors affecting the improvement of sustainability reporting, such as managers with financial knowledge, non-executive directors, and female directors on the board of directors and larger boards.

کلیدواژه ها:

Board financial expertise ، Board Gender ، Board Independence ، Board Size ، Sustainability Reporting