Title: Board characteristics and environmental performance in Indonesian family business

Authors: Tri Damayanti; Haninun Haninun; Lindrianasari Lindrianasari; Aminah Aminah; Nurdiawansyah Nurdiawansyah

Addresses: Faculty of Economics and Business, Department of Accounting, University of Bandar Lampung, Jl. Z.A Pagar Alam No. 26, Labuhan Ratu, Bandar Lampung, 35142, Indonesia ' Faculty of Economics and Business, Department of Accounting, University of Bandar Lampung, Jl. Z.A Pagar Alam No. 26, Labuhan Ratu, Bandar Lampung, 35142, Indonesia ' Faculty of Economics and Business, Department of Accounting, University Lampung, Jl. Prof. Soemantri Brojonegoro, No. 1 Gedong Meneng Bandar Lampung, 35142, Indonesia ' Faculty of Economics and Business, Department of Accounting, University of Bandar Lampung, Jl. Z.A Pagar Alam No. 26, Labuhan Ratu, Bandar Lampung, 35142, Indonesia ' Faculty of Economics and Business, Department of Accounting, University of Bandar Lampung, Jl. Z.A Pagar Alam No. 26, Labuhan Ratu, Bandar Lampung, 35142, Indonesia

Abstract: This study investigates the impact of board characteristics on environmental performance in listed Indonesian family companies. We analysed 130 listed family firms using unbalanced panel method. Results reveal that board characteristics do not affect environmental performance, i.e., agency problem II. Environmental performance is a strategic non-financial issue, and it has several consequences, including external stakeholders and costs. Environmental performance is also not influenced by family ownership. This finding is important in the international market because many Indonesian family businesses deal with several foreign investors and international business.

Keywords: environmental strategy; management family decision and incentives; family coalition.

DOI: 10.1504/IJTGM.2020.104919

International Journal of Trade and Global Markets, 2020 Vol.13 No.1, pp.106 - 117

Received: 01 Nov 2018
Accepted: 23 Apr 2019
Published online: 06 Feb 2020 *

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