The Relationship between Board Characteristics and Environmental Disclosure of Listed Firms in the Stock Exchange of Thailand

Thanai Sriersan; Ukirt Panna

doi:10.69650/jcdrhs.2025.899

Authors

Thanai Sriersan Department of Accounting, Faculty of Business Administration and Information Technology, Rajamangala University of Technology Isan, Khon Kaen Campus, Khon Kaen, Thailand https://orcid.org/0009-0001-5943-4300
Ukirt Panna Department of Accounting, Faculty of Business Administration and Information Technology, Rajamangala University of Technology Isan, Khon Kaen Campus, Khon Kaen, Thailand

DOI:

https://doi.org/10.69650/jcdrhs.2025.899

Keywords:

Board Characteristics, Environmental Disclosure, Stock Exchange of Thailand (SET)

Abstract

The study examines the relationship between the characteristics of boards of directors and the environmental disclosures of companies listed in the Stock Exchange of Thailand (SET). As global pressures for environmental accountability rise, corporate transparency in environmental practices has become increasingly significant. This research focuses on key board characteristics, such as board size, board independence, gender diversity, and the presence of accounting professionals on the board, and their influence on environmental disclosures. By analyzing data from 453 listed companies in the Stock Exchange of Thailand (SET), spanning from 2018 to 2023. The researchers employ multiple regression analysis to evaluate the hypothesis. The results demonstrate that board size, board independence, and the inclusion of accounting professionals on the board positively affect environmental disclosure reporting. However, the proportion of women on the board does not have a significant influence, does not a significant influence on environmental disclosure practices. These findings provide valuable insights into corporate governance mechanisms that enhance environmental transparency. Emphasizing the need for companies to adopt governance structures that prioritize board independence and accounting expertise to meet the growing demands for environmental responsibility.

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