Enhancing integrated reporting quality through boardroom diversity: the critical role of board diligence in the petroleum industry
This study examines the influence of boardroom diversity and board diligence on Integrated Reporting (IR) quality in the petroleum industry, utilizing a sample of 500 firm-year observations from 100 companies from the Forbes Global 2000 list between 2018 and 2022. Employing panel data analysis with...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2025-12-01
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| Series: | Cogent Business & Management |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2025.2454317 |
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| author | Ally Adam Mshana Siasa Issa Mzenzi Said Juma Suluo |
| author_facet | Ally Adam Mshana Siasa Issa Mzenzi Said Juma Suluo |
| author_sort | Ally Adam Mshana |
| collection | DOAJ |
| description | This study examines the influence of boardroom diversity and board diligence on Integrated Reporting (IR) quality in the petroleum industry, utilizing a sample of 500 firm-year observations from 100 companies from the Forbes Global 2000 list between 2018 and 2022. Employing panel data analysis with Feasible Generalized Least Squares (FGLS) regression models, we find that board gender and nationality diversity positively impact IR quality. In contrast, age diversity exerts a negative influence. Board diligence emerges as a crucial moderator, amplifying the positive effects of gender diversity and the negative impact of age diversity. These findings highlight the importance of diverse and actively engaged boards in fostering transparency, accountability, and stakeholder engagement, culminating in enhanced IR quality in the petroleum industry. This research contributes to stakeholder theory by providing empirical evidence supporting the role of board diversity and diligence in shaping corporate reporting practices. It also offers practical implications for companies, investors, and regulators aiming to bolster governance and transparency within the petroleum sector. |
| format | Article |
| id | doaj-art-0c24644d0a5d4ba386a6c2bdcbaeac4b |
| institution | Kabale University |
| issn | 2331-1975 |
| language | English |
| publishDate | 2025-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj-art-0c24644d0a5d4ba386a6c2bdcbaeac4b2025-01-21T08:40:20ZengTaylor & Francis GroupCogent Business & Management2331-19752025-12-0112110.1080/23311975.2025.2454317Enhancing integrated reporting quality through boardroom diversity: the critical role of board diligence in the petroleum industryAlly Adam Mshana0Siasa Issa Mzenzi1Said Juma Suluo2Department of Accounting, University of Dar es Salaam, Dar es Salaam, TanzaniaDepartment of Accounting, University of Dar es Salaam, Dar es Salaam, TanzaniaDepartment of Accounting, University of Dar es Salaam, Dar es Salaam, TanzaniaThis study examines the influence of boardroom diversity and board diligence on Integrated Reporting (IR) quality in the petroleum industry, utilizing a sample of 500 firm-year observations from 100 companies from the Forbes Global 2000 list between 2018 and 2022. Employing panel data analysis with Feasible Generalized Least Squares (FGLS) regression models, we find that board gender and nationality diversity positively impact IR quality. In contrast, age diversity exerts a negative influence. Board diligence emerges as a crucial moderator, amplifying the positive effects of gender diversity and the negative impact of age diversity. These findings highlight the importance of diverse and actively engaged boards in fostering transparency, accountability, and stakeholder engagement, culminating in enhanced IR quality in the petroleum industry. This research contributes to stakeholder theory by providing empirical evidence supporting the role of board diversity and diligence in shaping corporate reporting practices. It also offers practical implications for companies, investors, and regulators aiming to bolster governance and transparency within the petroleum sector.https://www.tandfonline.com/doi/10.1080/23311975.2025.2454317Board diversityintegrated reporting qualitygender diversitynationality diversityage diversity and board diligenceBusiness, Management and Accounting |
| spellingShingle | Ally Adam Mshana Siasa Issa Mzenzi Said Juma Suluo Enhancing integrated reporting quality through boardroom diversity: the critical role of board diligence in the petroleum industry Cogent Business & Management Board diversity integrated reporting quality gender diversity nationality diversity age diversity and board diligence Business, Management and Accounting |
| title | Enhancing integrated reporting quality through boardroom diversity: the critical role of board diligence in the petroleum industry |
| title_full | Enhancing integrated reporting quality through boardroom diversity: the critical role of board diligence in the petroleum industry |
| title_fullStr | Enhancing integrated reporting quality through boardroom diversity: the critical role of board diligence in the petroleum industry |
| title_full_unstemmed | Enhancing integrated reporting quality through boardroom diversity: the critical role of board diligence in the petroleum industry |
| title_short | Enhancing integrated reporting quality through boardroom diversity: the critical role of board diligence in the petroleum industry |
| title_sort | enhancing integrated reporting quality through boardroom diversity the critical role of board diligence in the petroleum industry |
| topic | Board diversity integrated reporting quality gender diversity nationality diversity age diversity and board diligence Business, Management and Accounting |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2025.2454317 |
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