Consejos de Administración y Huella Ecológica: La Influencia de la Independencia del Consejo en la Reducción del Impacto Ambiental de la Empresa Ministerio de Ciencia e innovación: PROYECTOS ORIENTADOS A LA TRANSICIÓN ECOLÓGICA Y A LA TRANSICIÓN DIGITAL 2021 TED2021-129829B-I00 Objetives The project focuses on analyzing how the independence of boards of directors and environmental investor activism influence companies’ environmental development. Its general objectives are: (1) to identify the impact of board independence, (2) to assess the influence of environmental investor activism, and (3) to analyze how investor activism affects the relationship between these two factors. The project aligns with European and national research priorities, such as decarbonization, renewable energy, the circular economy, and the climate objectives of the Horizon Europe program and the Spanish Science, Technology, and Innovation Strategy. Scientific/technical impact The project will contribute to the academic literature on corporate environmental management by addressing the role of board independence and investor activism. It will enable a deeper integration of key theories, such as agency theory, institutional theory, and stakeholder theory, strengthening knowledge on the relationship between corporate governance and sustainability. Social impact The project directly impacts the ecological transition, aligning with the UN’s SDG 12 on sustainable production and consumption. It aims to promote sustainable practices in companies, highlighting the influence of investor activism and independent boards. Principal investigators Juan Alberto Aragón Correa Nuria E. Hurtado Torres Research team Javier Delgado Ceballos Jose Aureliano Martín Segura Natalia Ortiz Martínez de Mandojana Inmaculada Martín Tapia Eulogio Cordón Pozo Jose Manuel de la Torre Ruiz Antonio Rueda Manzanares María del Campo Bermúdez Edo Work team María Ruiz Castillo Elena Mellado García Mike Barnett Alfred Marcus Manuel Bueno García Carolina Córcoles Gil Francisco David Castaño Maurin Julián Ignacio Urriza Article/ books/ book chaptersCongresses/WorkshopsVideos/ infographics and other publicationsArticle/ books/ book chapters Mellado-Garcia, E., Ortiz-de-Mandojana, N., & Aragon-Correa, J. A. (2024). Avoiding relapses after crises: Exploring the influence of firm investors’ characteristics on organizational resilience. BRQ Business Research Quarterly, 0(0). https://digibug.ugr.es/handle/10481/91853 Ruiz‐Castillo, M., Aragón‐Correa, J. A., & Hurtado‐Torres, N. E. (2024). Independent directors and environmental innovations: How the visibility of public and private shareholders’ environmental activism moderates the influence of board independence. Business Strategy and the Environment, 33(2), 424-440. https://digibug.ugr.es/handle/10481/83057 Bolaños-Martinez, D., Bermudez-Edo, M., & Jose Luis Garrido (2024). Predicting Overnights in Smart Villages: The Importance of Context Information. International Journal of Machine Learning and Cybernetics. https://digibug.ugr.es/handle/10481/93776 Durán-López, A., Bolaños-Martinez, D., Delgado-Márquez, L., & Bermudez-Edo, M. (2024). RouteRecoverer: A tool to create routes and recover noisy license plate number data. Software Impacts, 20, 100636. https://digibug.ugr.es/handle/10481/90373 Gungormus, D. B., Garcia-Moreno, F. M., Bermudez-Edo, M., Sánchez-Bermejo, L., Garrido, J. L., Rodríguez-Fórtiz, M. J., & Pérez-Mármol, J. M. (2024). A semi-automatic mHealth system using wearable devices for identifying pain-related parameters in elderly individuals. International Journal of Medical Informatics, 184, 105371. https://digibug.ugr.es/handle/10481/89639 Bolaños-Martinez, D., Bermudez-Edo, M., Garrido, J. L., & Delgado-Márquez, B. L. (2024). Spatio-temporal dynamics of vehicles: Fusion of traffic data and context information. Data in brief, 53, 110084. https://digibug.ugr.es/handle/10481/88634 Bolaños-Martinez, D., Bermudez-Edo, M., & Jose Luis Garrido (2023). Clustering pipeline for vehicle behavior in smart villages. Information Fusion. https://digibug.ugr.es/handle/10481/87173 Ellimäki, P., Aguilera, R.V., Hurtado-Torres, N.E. et al. The link between foreign institutional owners and multinational enterprises’ environmental outcomes. J Int Bus Stud 54, 910–927 (2023). https://doi.org/10.1057/s41267-022-00580-0 Aragón-Correa, J. A., de la Torre-Ruiz, J. M., & Vidal-Salazar, M. D. (2023). Agglomerations around natural resources in the hospitality industry: Balancing growth with the Sustainable Development Goals. BRQ Business Research Quarterly, 26(1), 11-26. https://doi.org/10.1177/23409444221103283 https://digibug.ugr.es/bitstream/handle/10481/76360/23409444221103283.pdf?sequence=1&isAllowed=y Ellimäki, P., Aguilera, R.V., Hurtado-Torres, N.E. et al. Correction: The link between foreign institutional owners and multinational enterprises’ environmental outcomes. J Int Bus Stud 55, 125 (2024). https://doi.org/10.1057/s41267-023-00671-6 Ordonez-Borrallo, R., Ortiz-de-Mandojana, N., & Delgado-Ceballos, J. (2024). Green bonds and environmental performance: The effect of management attention. Corporate Social Responsibility and Environmental Management, 1–16. https://doi.org/10.1002/csr.2858 https://digibug.ugr.es/handle/10481/93248 Delgado-Ceballos, J., Ortiz-De-Mandojana, N., Antolín-López, R., & Montiel, I. (2023). Connecting the Sustainable Development Goals to firm-level sustainability and ESG factors: The need for double materiality. BRQ Business Research Quarterly, 26(1), 2-10. https://doi.org/10.1177/23409444221140919 Castellano, N. G., Pozo, E. C., & Ruiz, M. J. C. (2022). University professors and the inclusion of students with special educational needs in higher education: proposal and validation of a measurement scale. International Journal of Inclusive Education, 28(12), 2830–2852. https://doi.org/10.1080/13603116.2022.2134474 De la Torre-Ruiz, J.M., Cordón-Pozo, E., Vidal Salazar, M.D. and Ortiz-Perez, A. (2024), “Pay information and employees’ perception of organizational support: the mediating role of pay satisfaction”, Employee Relations, Vol. 46 No. 9, pp. 161-177. https://doi.org/10.1108/ER-07-2023-0356 https://digibug.ugr.es/handle/10481/94292 Montalvo-Arroyo, S., de la Torre-Ruiz, J.M., Vidal-Salazar, M.D. and Cordón-Pozo, E. (2023), “Effects of information on salary satisfaction during the COVID-19 pandemic: an equity-based mediation model”, Academia Revista Latinoamericana de Administración, Vol. 36 No. 3, pp. 371-387. https://doi.org/10.1108/ARLA-03-2023-0054 Ortega-Vidal, J.; Mut-Salud, N.; de la Torre, J.M.; Altarejos, J.; Salido, S. Chemical Characterization of PruningWood Extracts from Six Japanese Plum (Prunus salicina Lindl.) Cultivars and Their Antitumor Activity. Molecules 2024, 29, 3887. https://doi.org/10.3390/molecules29163887 https://digibug.ugr.es/handle/10481/94546 De la Torre-Ruiz, J. M., & Ferrón-Vílchez, V. (2024). Determinants of managerial perceptions of the impact of telework: The effect of information communication technology support, trust, and frequency of communication. Technological Forecasting and Social Change, 203, 123365. https://doi.org/10.1016/j.techfore.2024.123365 Cordón-Pozo, E., Vidal-Salazar, M. D., de la Torre-Ruiz, J. M., & Gómez-Haro, S. (2023). Benefit Communication and Its Effects on Employees’ Benefit Level Satisfaction: The Multiple Mediating Effects of POS and Benefit Comparison. International Journal of Business Communication, 60(1), 331-350. https://doi.org/10.1177/2329488420943667 Ruiz Castillo, M., Aguilera, R. V., Aragón-Correa, J. A., & Hurtado-Torres, N. (2024). Unintended Consequences of Shareholder Activism: A Socio-Cognitive Stakeholder Theory View. Academy of Management Proceedings, 2024(1), 17087. Academy of Management. Bueno-García, M., & Ahmadova, G. (2024). The influence of state ownership on environmental proactivity: An institutional perspective of international firms. Corporate Social Responsibility and Environmental Management, 31(3), 1531–1549. https://doi.org/10.1002/csr.2651 Ahmadova, G., Bueno García, M., Delgado-Márquez, B., & Pedauga, L. (2023). Firm- and Country-Specific Advantages: Towards a Better Understanding of MNEs’ Environmental Performance in the International Arena. Organization & Environment, 36(3), 468-497. https://doi.org/10.1177/10860266221129699 Marcus, A. (2024). Elevating Capitalism: Government’s Indispensable Role. In: Pava, M.L., Dion, M. (eds) Justifying Next Stage Capitalism. Ethical Economy, vol 68. Springer, Cham. https://doi.org/10.1007/978-3-031-58064-2_16 Congresses/Workshops Nombre del congreso/seminario/conferencia/jornada técnica: XXXIII Congreso Internacional (ACEDE) Tipo de comunicación: Comunicación oral. Unintended consequences of shareholder activism: an examination through the lens of socio-cognitive stakeholder theory Autores/as: Ruiz Castillo, M., Aguilera, R., Aragón-Correa, J. A., & Hurtado Torres, N. E. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: Academy of Management Tipo de comunicación: Comunicación oral. Unintended Consequences Of Shareholder Activism: A Socio-Cognitive Stakeholder Theory View Autores/as: Ruiz Castillo, M., Aguilera, R., Aragón-Correa, J. A., & Hurtado Torres, N. E. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: Sustainability Research and Innovation Congress Tipo de comunicación: Woorkshop. Navigating Real-World Environmental Impact Assessment. Autores/as: Ruiz Castillo, M., Mellado García, E., & Ellimäki, P. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: GRONEN Conference 2024 Tipo de comunicación: Comunicación oral. Navigating Unanticipated Outcomes: Understanding Firms’ Responses to ESG Shareholder Activism through a Socio-Cognitive Stakeholder Lens. Autores/as: Ruiz Castillo, M.; Aguilera, R.; Aragón-Correa, J. A.; Hurtado-Torres, N. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: GRONEN Conference 2024 Tipo de comunicación: Comunicación oral. Structural Design Among Hierarchical Systems: A Path Towards Higher-Level. Autores/as: Mellado-Garcia, E.; Ortiz-de-Mandojana, N.; Bansal, P. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: JMS Conference Tipo de comunicación: Comunicación oral. Structural design among hierarchical systems: A path towards higher-level resiliency. Autores/as: Mellado García, E.; Ortiz-de-Mandojana, N.; Bansal, P. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: ICEME Tipo de comunicación: Comunicación oral. The Effects of IT-Enabled Capabilities on a Firm’s Environmental Impacts: A Firm’s Absorptive Capacity of Big Data for Environmental Governance Autores/as: Aragón-Correa, J. A., & Bermudez-Edo, M. Año: 2024 Nombre del evento: EURAM Conference 2023. Tipo de comunicación: Internal company conditions to improve environmental performance after corporate green bonds issuance. Autores/as: Ordoñez Borrallo,R., Delgado Ceballos, J. y Ortiz de Mandojana, N. Año: 2023 Nombre del evento: EGOS 2023 Colloquium Tipo de comunicación: Comunicación oral. The role of corporate green bonds in driving environmental attention and performance: An empirical study. Autores/as: Ordoñez-Borrallo, R.; Ortiz de Mandojana, N.; Delgado-Ceballos, J. Año: 2023 Nombre del evento: GRONEN Conference 2024 Tipo de comunicación: Organización (Co-Chair). Sustainable Business Horizons: Educating and Inspiring Managers for Positive Impact. Autores/as: Delgado-Ceballos, J. Año: 2024 Nombre del evento: GRONEN Conference 2023 Tipo de comunicación: Organización (Co-Chair). Revitalize your Teaching on Sustainability – Best Practices and Novel Approaches. Autores/as: Delgado-Ceballos, J. Año: 2023 Nombre del evento: GRONEN Conference 2024 Tipo de comunicación: Organización. Sustainable Business Horizons: Educating and Inspiring Managers for Positive Impact. Autores/as: Co-Chair: Ordoñez-Borrallo, R.; Ortiz de Mandojana, N.; Delgado-Ceballos, J. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: Journal Studies Special Issue Tipo de comunicación: Workshop Autores/as: Alberto Aragón Correa. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: ITISE Conference Tipo de comunicación: Comunicación Oral (online). The Impact of Greenhouse Gas Emissions on Global Economic Activity and Health . Online Conference. Autores/as: Martin Segura, J.A & Pérez López, C. Año: 2024 Nombre del congreso/seminario/conferencia/jornada técnica: EURAM Conference Tipo de comunicación: Comunicación Oral. Impression Management: Cost of debt and resilience. Autores/as: Valbuena-Hernandez, J., Martin-Tapia, I., y Ortiz-de-Mandojana, N. Año: 2023 Nombre del congreso/seminario/conferencia/jornada técnica: AIB Conference Tipo de comunicación: Comunicación Oral. Impression Management: Cost of debt and resilience. Autores/as: Valbuena-Hernandez, J., Martin-Tapia, I., y Ortiz-de-Mandojana, N. Año: 2023 Nombre del congreso/seminario/conferencia/jornada técnica: XXXII Congreso Internacional (ACEDE) Tipo de comunicación: Comunicación Oral. Does reinforcing sustainable performance help in times of corporate financial crisis? The mediating effect of investors’ commitment. Autores/as: Mellado García, E., Ortiz de Mandojana, N., y Aragón Correa, J.A. Año: 2023 Nombre del congreso/seminario/conferencia/jornada técnica: XXXII Congreso Internacional (ACEDE) Tipo de comunicación: Comunicación Oral. The role of corporate green bonds in driving environmental attention and performance: An empirical study. Autores/as: Ordoñez Borrallo, R., Ortiz de Mandojana, N., y Delgado Ceballos, J. Año: 2023 Nombre del congreso/seminario/conferencia/jornada técnica: XXXII Congreso Internacional (ACEDE) Tipo de comunicación: Comunicación Oral. Signaling environmental performance and risk. Is hypocrisy a threat for the firm?. Autores/as: Valbuena-Hernandez, J., Martin-Tapia, I., y Ortiz-de-Mandojana, N. Año: 2023 Nombre del congreso/seminario/conferencia/jornada técnica: II International Conference on Sustainable Finance (ICSF23) Tipo de comunicación: Comunicación Oral. Signaling environmental performance and risk. Is hypocrisy a threat for the firm?. Autores/as: Valbuena-Hernandez, J., Martin-Tapia, I., y Ortiz-de-Mandojana, N. Año: 2023 Nombre del congreso/seminario/conferencia/jornada técnica: XXXII Congreso Internacional (ACEDE) Tipo de comunicación: Conferencia Invitada en Plenaria. Measuring and disclosing corporate sustainability information. Autores/as: Ortiz de Mandojana, N. Año: 2023 Nombre del congreso/seminario/conferencia/jornada técnica: XXXIII Congreso Internacional (ACEDE) Tipo de comunicación: Comunicación Oral. La influencia del entorno institucional en el comportamiento medioambiental de las instalaciones industriales de los países europeos. Autores/as: Rueda Manzanares, A., Martín Segura, J.A., y Pérez López, C. Año: 2024 Videos/ infographics and other publications López Aristizábal P. & Bermúdez Edo M.: (2023). Estudio de la digitalización de las empresas de alimentos y bebidas en la Comunidad Autónoma de Andalucía. In Hurtado-Torres, N.E., Bermudez-Edo, M.C., Ortiz-de-Mandojana, N., & Aragón-Correa, J.A.: Challenges of the European Firms: Digitalization, Sustainability, and Internationalization, Editorial Kit-Book, Granada: Spain. Challenges of the European Firms Collection. https://digibug.ugr.es/handle/10481/89990 Martin Tapia, I., Rueda Manzanares, A., Ortiz Martínez de Mandojana, N., Mellado García, E., Ruiz Castillo, M., Aragón Correa, J. A., Hurtado Torres, N. E., Aguilera Caracuel, J., Delgado Ceballos, J., & Bueno García, M. (2024). Data processing at the European level in the TERAIN database: A smart dashboard prototype for corporate environmental performance assessment. Granada, Spain. https://digibug.ugr.es/handle/10481/92963 Bolaños-Martinez, D., Urriza, J. I., Delgado Márquez, B. L., Garrido, J. L., Bermudez-Edo, M., & Aragon-Correa, J. A. (2023). PoqueiraVehicleLPR: A Dataset of Vehicle Detection Sensors in the region of Barranco de Poqueira in the Alpujarra Granadina [Data set]. Zenodo. https://doi.org/10.5281/zenodo.8356386 Urriza, J. I., Bolaños-Martinez, D., Delgado Márquez, B. L., Garrido, J. L., Bermudez-Edo, M., & Aragon-Correa, J. A. (2023). PoqueiraSurveys: A Dataset on Economic Impact Surveys in the region of Barranco del Poqueira in the Alpujarra Granadina [Data set]. Zenodo. https://doi.org/10.5281/zenodo.8328348 Bolaños-Martinez, D., Bermudez-Edo, M., Garrido, J. L., Delgado Márquez, B. L., Urriza, J. I., & Aragon-Correa, J. A. (2023). Federation of Vehicular Data in Smart Villages with Socioeconomic Information [Data set]. Zenodo. https://doi.org/10.5281/zenodo.10245475 Aragón Correa, J.A.; Hurtado Torres, N.E.; Emilova Racheva, M.; Córcoles Gil, C. (2023).Understanding our Environmental Impact Scores. Toxic Environmental Risks Analytical Intelligence, Granada, Spain. https://digibug.ugr.es/handle/10481/92969 Mellado García, E., Ortiz-de-Mandojana, N., & Aragon-Correa, J. A. (2023). Reinforcing ESG performance and investors’ commitment in times of corporate financial crisis. Academy of Management Annual Meeting Proceedings, 2023(1). https://doi.org/10.5465/AMPROC.2023.13901 Ruiz Castillo, M., Aragon-Correa, J. A., & Hurtado-Torres, N. (2023). Threats from shareholder activism and implications on corporate socio-environmental performance. Academy of Management Annual Meeting Proceedings, 2023(1). https://doi.org/10.5465/AMPROC.2023.13897 Emilova, O., & Córcoles Gil, C. (2023). Teaching note. Toxic Environmental Risks Analytical Intelligence (TERAIN). Proyecto PDC2021-120953-I00 financiado por el Ministerio de Ciencia e Innovación (MCIN) / AEI y la Unión Europea Next GenerationEU/PRTR. Zenodo. https://doi.org/10.5281/zenodo.10401176 Hurtado Torres N.E.; García Cabrera A.M.;Hernández Paz V.; Dejo OricainN.; García Soto M.G.; Gutiérrez Pérez F.J. (2023):El Campo de la Dirección Internacional: La Investigación Desarrollada en las Universidades Españolas, Sección Dirección Internacional, Asociación Científica de Economía y Dirección de la Empresa. Ortiz- Martinez de Mandojana, N.; Aragón Correa, J.A.; Hurtado Torres, N.E.; Emilova Racheva, M.; Córcoles Gil, C. (2023).Understanding our Environmental Risk Indexes. Toxic Environmental Risks Analytical Intelligence, Granada, Spain. López Aristizábal P. & Bermúdez Edo M.: (2023). Estudio de la digitalización de las empresas de alimentos y bebidas en la Comunidad Autónoma de Andalucía. In Hurtado-Torres, N.E., Bermudez-Edo, M.C., Ortiz-de-Mandojana, N., & Aragón-Correa, J.A.: Challenges of the European Firms: Digitalization, Sustainability, and Internationalization, Editorial Kit-Book, Granada: Spain. Hurtado Torres N.E.; Ruiz Castillo, M.; Lozano Nievas, P. (2023): Competencias lingüísticas de los estudiantes de la Universidad de Granada. https://digibug.ugr.es/handle/10481/89987 Vidal Salazar, M. D., Aragón Correa, J. A., De la Torre Ruiz, J. M., Mellado-Garcia, E., Ordóñez Borrallo, R., Gómez Haro, S., Cordón Pozo, E., Delgado Ceballos, J., Delgado Márquez, B. L., Ruiz-Castillo, M., Bueno García, M., Montalvo Arroyo, S., & Córcoles Gil, C. (2023). Análisis y desarrollo de habilidades blandas en sesiones docentes [Memoria]. Universidad de Granada, Unidad de Calidad, Prospectiva e Innovación Docente. https://hdl.handle.net/10481/92921 https://digibug.ugr.es/handle/10481/92921 Ortiz-de-Mandojana, N., Antolín-López, R., How do companies measure and report corporate sustainability? A comparison among the most innovative European companies, Publications Office of the European Union, Luxembourg, 2023, doi:10.2760/935191, JRC132579 Antolín-López, R. and Ortiz-de-Mandojana, N., Measuring and Disclosing Environmental, Social and Governance (ESG) Information and Performance, Publications Office of the European Union, Luxembourg, 2023, doi: 10.2760/864272, JRC131932 Antolín-López, R. and Ortiz-de-Mandojana, N., Measuring and Disclosing Environmental, Social and Governance (ESG) Information and Performance, Publications Office of the European Union, Luxembourg, 2023, doi: 10.2760/864272, JRC131932. Emilova, O., & Córcoles Gil, C. (2023). Teaching note. Toxic Environmental Risks Analytical Intelligence (TERAIN). Proyecto PDC2021-120953-I00 financiado por el Ministerio de Ciencia e Innovación (MCIN) / AEI y la Unión Europea Next GenerationEU/PRTR. Zenodo. https://doi.org/10.5281/zenodo.10401176 Ruiz Castillo, M., Mellado García, E., & Lozano Nievas, P. (2023). Casos prácticos de economía y gestión medioambiental. Kit-book Servicios Editoriales. Mellado García, E., Ruiz Castillo, M., & Lozano Nievas, P. (2023). Casos prácticos en dirección y gestión de recursos humanos. Universidad de Granada. https://digibug.ugr.es/handle/10481/93075 Wu, C., & Marcus, A. (2023). Mandatory CSR disclosure regulation, sustainable operations strategies, and environmental innovation. Academy of Management Proceedings, 2023(1), 13471. Moreno-Marcial, A., Moreno-Marcial, P., Mendoza-Romero, G., & Bueno-García, M. (2024). An analysis of leadership and proactivity to face the challenges of industry 5.0. E3S Web of Conferences, 532, Article 02007. https://doi.org/10.1051/e3sconf/202453202007 Proyecto TED2021-129829B-I00 financiado por: Foto de Benjamin Child en Unsplash