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Title	Scaling up the transition: The role of corporate governance mechanisms in promoting circular economy strategies
ID_Doc	2659
Authors	Palea, V; Migliavacca, A; Gordano, S
Title	Scaling up the transition: The role of corporate governance mechanisms in promoting circular economy strategies
Year	2024
Published
Abstract	This study examines the role of corporate governance (CG) mechanisms in promoting Circular Economy (CE) strategies among non-financial listed companies in manufacturing industries, which is still a relatively unexplored topic in the CE literature. Our findings indicate that the presence of stakeholder engagement practices, sustainability reporting, and environment management teams have a direct impact on the adoption of CE strategies, while the presence of a CSR committee, adherence to the United Nations' Global Compact, and executives' compensation linked to environmental, social, and corporate governance performance do not have a direct effect but support CE strategies through other mechanisms. Overall, this study provides valuable insights for policymakers and managers as it shows that CG mechanisms can be used to promote the adoption of CE business models, thus contributing to climate risk mitigation objectives.
PDF	https://doi.org/10.1016/j.jenvman.2023.119544

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