The link of ESG performance and board gender diversity in european firms
This study analyses the relationship between board gender diversity and the ESGscores for Spanish, French, German, and English listed companies. Previous academicliterature shows controversial results regarding the benefits of female participation inboards of directors, however many studies have onl...
| Autores: | , , |
|---|---|
| Tipo de recurso: | artículo |
| Fecha de publicación: | 2024 |
| País: | España |
| Institución: | Universidad de Cantabria (UC) |
| Repositorio: | UCrea Repositorio Abierto de la Universidad de Cantabria |
| Idioma: | inglés |
| OAI Identifier: | oai:repositorio.unican.es:10902/37076 |
| Acceso en línea: | https://hdl.handle.net/10902/37076 |
| Access Level: | acceso abierto |
| Palabra clave: | Corporate board Diversity ESG performance Gender |
| Sumario: | This study analyses the relationship between board gender diversity and the ESGscores for Spanish, French, German, and English listed companies. Previous academicliterature shows controversial results regarding the benefits of female participation inboards of directors, however many studies have only used an aggregated indicator tomeasure performance or they do not have compared the results among countries.The empirical section of this research uses a sample formed by 205 companies fromFrance, Germany, Spain, and the United Kingdom for a period of 19 years (from 2002to 2020). The results obtained through a panel data estimation confirm a positive andsignificant relationship between board gender diversity (BGD) and the social and thecorporate governance score in all cases. However, the relationship between BGDand the environmental score is only confirmed in the case of Spain, France, andGermany. Therefore, even though in these countries, the actions to promote genderequality have been different and at different times, the results are mostlyhomogeneous |
|---|