Outputs (15)

The Benefits of Being Greener: Unravelling the Association Between Carbon Performance and Market Value (2025)
Journal Article
Morrison, E. A., Adegbite, E., Mangena, M., Kimani, D., & Adu, D. A. (2025). The Benefits of Being Greener: Unravelling the Association Between Carbon Performance and Market Value. Business Strategy and the Environment, 34(4), 4928-4957. https://doi.org/10.1002/bse.4224

This study examines the interrelations among pay incentives, board sustainability committee initiative, carbon performance and market value. Using data from listed firms in emerging economies, we find that pay incentives and board sustainability comm... Read More about The Benefits of Being Greener: Unravelling the Association Between Carbon Performance and Market Value.

Informal Institutions and Multinationals' Drive Towards Sustainable Development Goals (SDGs): A Dark-Side Perspective (2025)
Journal Article
Umoru, U., Martins Ogundana, O., Mangena, M., & Udeozor, V. (2025). Informal Institutions and Multinationals' Drive Towards Sustainable Development Goals (SDGs): A Dark-Side Perspective. Business Ethics, the Environment and Responsibility, https://doi.org/10.1111/beer.12773

This study explores the influence of informal institutions (including its dark side) on multinational enterprises (MNEs) in promoting sustainable development goals (SDGs) in a developing nation. Using qualitative interviews, we find that informal ins... Read More about Informal Institutions and Multinationals' Drive Towards Sustainable Development Goals (SDGs): A Dark-Side Perspective.

Audit committees in transition: evaluating the effectiveness of corporate governance in Libya’s banking sector (2024)
Journal Article
Masli, A. M., Meftah Gerged, A., & Mangena, M. (2024). Audit committees in transition: evaluating the effectiveness of corporate governance in Libya’s banking sector. Corporate Governance, 24(7), 1724-1745. https://doi.org/10.1108/CG-07-2023-0291

Purpose: The purpose of this research paper is to investigate the perspectives of key stakeholders on strategies to improve the effectiveness of audit committees (ACs) in African economies, with a specific focus on the Libyan banking sector. Design/m... Read More about Audit committees in transition: evaluating the effectiveness of corporate governance in Libya’s banking sector.

Accounting practices and regulations for extractive industries: a framework for harmonisation (2023)
Journal Article
Abdo, H., Mangena, M., & Owusu, F. B. (2023). Accounting practices and regulations for extractive industries: a framework for harmonisation. Journal of Financial Reporting and Accounting, 22(1), 147-180. https://doi.org/10.1108/JFRA-07-2023-0425

Purpose: The purpose of this study is to provide a harmonisation framework for the diverse accounting practices by extractive industries. Design/methodology/approach: The study takes a three-stage approach. The first involves a comprehensive literatu... Read More about Accounting practices and regulations for extractive industries: a framework for harmonisation.

The effects of stakeholder power, strategic posture and slack financial resources on sustainability performance in UK higher education institutions (2023)
Journal Article
Núnez Chicharro, M., Mangena, M., Alonso Carrillo, M. I., & Priego De La Cruz, A. M. (2024). The effects of stakeholder power, strategic posture and slack financial resources on sustainability performance in UK higher education institutions. Sustainability Accounting, Management and Policy Journal, 15(1), 171-206. https://doi.org/10.1108/SAMPJ-07-2022-0375

Purpose: Higher education institutions (HEIs) are critical in the sustainability agenda, not only as catalysts for promoting sustainability practices but also because their activities have substantial social, economic and environmental impacts. Yet t... Read More about The effects of stakeholder power, strategic posture and slack financial resources on sustainability performance in UK higher education institutions.

Stakeholder perception of the determinants of audit committee effectiveness in a developing economy: evidence from the Libyan banking sector (2021)
Journal Article
Masli, A. M., Mangena, M., Gerged, A. M., & Harradine, D. (2022). Stakeholder perception of the determinants of audit committee effectiveness in a developing economy: evidence from the Libyan banking sector. Journal of Accounting in Emerging Economies, 12(2), 345-379. https://doi.org/10.1108/JAEE-09-2019-0182

Purpose: This study distinctively explores the firm-level and national-level determinants of audit committee effectiveness (ACE) in the Libyan banking sector (LBS). Design/methodology/approach: A mixed-methods approach has been employed to enhance th... Read More about Stakeholder perception of the determinants of audit committee effectiveness in a developing economy: evidence from the Libyan banking sector.

Agency and institutional-related factors and the heterogeneity of sustainability and integrated report information disclosures in Kenya (2021)
Journal Article
Injeni, G., Mangena, M., Mathuva, D., & Mudida, R. (2021). Agency and institutional-related factors and the heterogeneity of sustainability and integrated report information disclosures in Kenya. Journal of Financial Reporting and Accounting, 20(5), 809-840. https://doi.org/10.1108/JFRA-10-2020-0305

Purpose: This paper aims to examine the factors influencing the level of disclosures of sustainability (SR) and integrated report (IR) information in a developing country context, with particular reference to Kenya. Design/methodology/approach: The s... Read More about Agency and institutional-related factors and the heterogeneity of sustainability and integrated report information disclosures in Kenya.

Integrated Thinking and sustainability reporting assurance: International evidence (2021)
Journal Article
Baboukardos, D., Mangena, M., & Ishola, A. (2021). Integrated Thinking and sustainability reporting assurance: International evidence. Business Strategy and the Environment, 30(4), 1580-1597. https://doi.org/10.1002/bse.2695

Recently, there has been increasing demand by stakeholders for firms to demonstrate how they create value within the context of their operating environment. Consequently, a new reporting approach, Integrated Reporting (IR), was conceptualised with it... Read More about Integrated Thinking and sustainability reporting assurance: International evidence.

Bank power, block ownership, boards and financial distress likelihood: An investigation of Spanish listed firms (2020)
Journal Article
Mangena, M., Priego, A. M., & Manzaneque, M. (2020). Bank power, block ownership, boards and financial distress likelihood: An investigation of Spanish listed firms. Journal of Corporate Finance, 64, Article 101636. https://doi.org/10.1016/j.jcorpfin.2020.101636

We investigate the effects of bank power, block ownership and board independence on the likelihood of financial distress. Using a matched sample design, we find that firms in which banks have power are more likely than their counterparts to enter fin... Read More about Bank power, block ownership, boards and financial distress likelihood: An investigation of Spanish listed firms.

Controlling for sustainability strategies: findings from research and directions for the future (2019)
Journal Article
Ghosh, B., Herzig, C., & Mangena, M. (2019). Controlling for sustainability strategies: findings from research and directions for the future. Journal of Management Control, 30(1), 5-24. https://doi.org/10.1007/s00187-019-00279-8

Over the past decade the focus of sustainability researchers has broadened to explore management controls for sustainable business practice. This paper contributes to the emerging area of interest on understanding the roles management controls play b... Read More about Controlling for sustainability strategies: findings from research and directions for the future.