What is it about?

Board size, independence, average age, gender diversity, and participation on other boards have a nonlinear relationship with environmental, social, and governance (ESG) performance. Exponential models explain the relationship between these BoD attributes and ESG performance, which was found to be negative in all cases except for board size and gender diversity.

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Why is it important?

The research findings show that the size and gender diversity of the Board of Directors positively impact ESG performance.

Perspectives

This study contributes to scholarly discussion about the relationship between the board of directors and ESG performance in listed firms and provides relevant insights for managers and regulators.

Ma Dolores del Carmen Sepúlveda-Núñez
Universidad de Guadalajara

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This page is a summary of: Board of directors effect on environmental, social and governance performance in publicly traded non-financial firms, Corporate Governance, June 2024, Emerald,
DOI: 10.1108/cg-09-2023-0409.
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