Board diversity and firm performance: impact of ESG activities in China

Yang, Dong; Chen, Liang; Wanyin, Zhong

doi:10.1080/1331677x.2022.2090406

Cited by 29 publications

(11 citation statements)

References 95 publications

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“…Other papers can be traced to the management area, since analyzing corporate governance effects on firms' success during COVID-19 [42]; has been shown a positive and substantial correlation between board diversity and the firm's success, which suggests that diverse boards are beneficial to businesses [43].…”

Section: Category Investments and Stock Returnsmentioning

confidence: 99%

A Systematic Literature Review on ESG during the COVID-19 Pandemic

2023

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Environmental, social and governance (ESG) issues have been investigated by scholars from several points of view. Although the epidemic of COVID-19 is recent, numerous scholars have analyzed its effects on ESG, making it difficult to systematize current knowledge. This generates the risk that the discussion will become stale. This study aims to provide a systematic literature review able to examine the combination of ESG and COVID-19 outbreak, to understand what the academics discovered. Eighty-five studies were systematically reviewed. We used a systematic literature review which is the tool that can ensure that all relevant data from the topic under investigation are considered. This approach is considered as the most comprehensive and rigorous one because it allows the creation of the advancement of knowledge of the specific topic. We identified five classes plus a residual one that accommodate the main topics analyzed in the literature (investment and stock returns, ESG in specific industries, ESG rating, gender studies, ESG reporting, and other). Our research highlights that most of the studies have been focused on the first three topics, sometimes reaching different or opposite findings, while only few studies have been dedicated on the other topics. Therefore, we state the need for more research into the ESG/COVID-19 combination in the fields of gender diversity and ESG reporting, and for more research able to understand the different findings of the other three identified topics.

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Section: Category Investments and Stock Returnsmentioning

confidence: 99%

A Systematic Literature Review on ESG during the COVID-19 Pandemic

2023

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“…To account for firm size, we used the natural logarithm of revenues, total assets, and the number of employees. Furthermore, we have also considered the financial structure (D/E) and some performance variables (ROE, ROA, ROI) to avoid bias in the analysis which may be caused by the effect of the ESG score on the economic performance of the companies included in the sample (Dong et al, 2022; Ferriani & Natoli, 2020).…”

Section: Methodsmentioning

confidence: 99%

Creating value through diversity: Analysis of the strategic management of BoD diversity in favor of sustainable performance

Paolone,

Bifulco,

del Mar Perona Alfageme

2024

Strategic Change

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In this article, we explore the impact of the characteristics of the Board of Directors (BoD) on environmental, social, and governance (ESG) performance for European listed companies and its evolution during the period 2018/2021. The purpose of this study is to understand if and how the BoD characteristics influence the ESG performance of the major listed companies in the EU before and after the COVID‐19 breakthrough. The COVID‐19 pandemic is taken as a reference point in time, considering that several studies show that, even in a health crisis with economic repercussions for the whole world, companies have continued to increase their commitment to ESG practices. The sample is composed of 600 European listed companies and covers the period from 2018 to 2021. The ESG score and the other variables are collected for all companies included in the STOXX 600 index (from the Refinitiv Workspace database) and analyzed using the ordinary least square (OLS) panel regression analysis at country and industry level covering the period 2018–2021. The results of our analysis show no significant relationship between BoD characteristics (in terms of gender diversity, cultural diversity, and special skills) and ESG performance in the pre‐COVID‐19 era. In the post‐COVID‐19 era, gender diversity is the only characteristic of the BoD, among those investigated, capable of influencing nonfinancial performance. This result, in line with the resource density theory, is justified by the increase in the average number of women in the BoD in the two‐year period 2020–2021 compared to the previous one (2018–2019). We offer theoretical and practical implications to enhance ESG performance by combining BoD characteristics. We finally contribute to enhance the debate on the relevance of the BoD characteristics and ESG performance relationship providing consistent findings to emphasize the quality of the BoD for the ESG reporting and performance.

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“…Thus, our third recommendation for future research is as follows: Which theoretical framework can explain the combined impact of audit quality and carbon reporting on company performance? Moreover, from the analysis of literature, we find an urgent need of country level studies in conjunction to geographical region basis comparative studies (Dong et al, 2022). Especially when there is a need for discussion about any challenge of climate change disclosure by companies, then the focus should be on cross country study (Khan et al, 2021).…”

Section: Bibliometric Analysismentioning

confidence: 99%

The impact of audit quality and climate change reporting on corporate performance: a review and future research agenda

Alaamri,

Hussainey,

Nandy

et al. 2023

JAL

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PurposeThe paper aims to review prior literature on the impact of audit quality and climate change reporting on corporate performance. It also aims to offer avenues for future research.Design/methodology/approachBased on the systematic literature review, bibliometric investigation and forest plot, the authors systematized the scientific knowledge from 183 papers.FindingsEarlier studies either focused on audit quality and corporate performance or discussed the link between climate change and corporate performance. However, the way that audit quality and climate change can together influence corporate performance is yet to be examined. The authors fill the gap by examining the possible link between audit quality and climate change and establishing the influence of it on corporate performance from the existing literature.Originality/valueBecause of the immense importance of the company's contribution to climate change, the research findings will open up avenues for future research. In addition, findings will be useful for world policymakers in strengthening or modifying existing corporate responsibility policies.

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Board diversity and firm performance: impact of ESG activities in China

Cited by 29 publications

References 95 publications

A Systematic Literature Review on ESG during the COVID-19 Pandemic

A Systematic Literature Review on ESG during the COVID-19 Pandemic

Creating value through diversity: Analysis of the strategic management of BoD diversity in favor of sustainable performance

The impact of audit quality and climate change reporting on corporate performance: a review and future research agenda

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