Examining the impact of board gender diversity and regional differentiation in the ESG‐corporate performance nexus: Evidence from financial service industry-Reference-Cited by-同舟云学术

Examining the impact of board gender diversity and regional differentiation in the ESG‐corporate performance nexus: Evidence from financial service industry

Published:2024-05-12 Issue:6 Volume:45 Page:4105-4124
ISSN:0143-6570
Container-title:Managerial and Decision Economics
language:en
Short-container-title:Manage Decis Econ

Author:

Tran Thu Huong¹^ORCID,Lu Wen‐Min²^ORCID,Ting Irene Wei Kiong³^ORCID,Huang Hsueh‐Li ( Shirley)⁴,Fauzi Muhammad Ashraf³

Affiliation:

1. Department of International Business Can Tho University Can Tho City Ninh Kieu District Vietnam

2. Department of International Business Administration Chinese Culture University Taipei Taiwan

3. Faculty of Industrial Management Universiti Malaysia Pahang Al‐Sultan Abdullah Pahang Malaysia

4. Faculty of Global Business Department Chinese Culture University Taipei Taiwan

Abstract

AbstractThis study explores the impact of environmental, social, and governance (ESG) factors on corporations by investigating how board gender diversity moderates the relationship between ESG practices and corporate performance across different regions. Using traditional data envelopment analysis (DEA) and chance‐constrained DEA models, the study analyzes 225 financial service firms over an 11‐year period (2011–2021). Results indicate that high (low) board gender diversity levels significantly influence the connection between the environmental (social) aspects of ESG practices and corporate performance. Thus, the roles of stakeholder engagement and regional distinctions are highlighted in achieving sustainable development goals.

Publisher

Wiley

Link

https://onlinelibrary.wiley.com/doi/pdf/10.1002/mde.4246

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