Board informal hierarchy, strategic aggressiveness, and corporate ESG performance
These videos have been matched automatically. Contact us if they are not relevant.
These videos have been matched automatically. Contact us if they are not relevant.
View abstract on PubMed
Summary
This summary is machine-generated.A clearer board informal hierarchy positively impacts corporate Environmental, Social, and Governance (ESG) performance. This effect is amplified in uncertain, high-pollution, or state-owned contexts, enhancing strategic initiatives.
Area Of Science
- Corporate Governance
- Environmental, Social, and Governance (ESG) Performance
- Organizational Structure
Background
- Existing research often overlooks micro-level structural dynamics within corporate boards.
- Theories like stakeholder theory and relationship contract theory provide a foundation for understanding board influence.
- Understanding factors driving corporate ESG performance is crucial for sustainable business practices.
Purpose Of The Study
- To investigate the influence of board informal hierarchy on corporate ESG performance.
- To explore the mediating role of strategic initiatives in this relationship.
- To examine moderating effects of environmental uncertainty, industry pollution levels, and state ownership.
Main Methods
- Empirical analysis using Chinese A-share listed enterprises data from 2010 to 2022.
- Utilizing established theoretical frameworks including stakeholder theory and relationship contract theory.
- Statistical modeling to assess the impact of board informal hierarchy on ESG metrics.
Main Results
- A clearer board informal hierarchy is significantly associated with improved corporate ESG performance.
- Board informal hierarchy enhances ESG performance by encouraging more aggressive strategic initiatives.
- The positive relationship is stronger in environments with high environmental uncertainty, in heavy pollution industries, and within state-owned enterprises.
Conclusions
- Board informal hierarchy is a critical micro-level factor influencing corporate ESG outcomes.
- Fostering a defined board informal structure can lead to better ESG performance through strategic decision-making.
- The study offers novel insights into ESG determinants, enriching the field of corporate governance research.
These videos have been matched automatically. Contact us if they are not relevant.
These videos have been matched automatically. Contact us if they are not relevant.
Related Concept Videos
Ethical standards are the backbone of nursing practice, guiding nurses as they interact with patients, families, and colleagues. These standards are crucial for providing safe, empathetic care centered on the patient's needs.
Nurses are entrusted with upholding various ethical principles and standards. Nurses forge solid therapeutic relationships using trust, empathy, autonomy, confidentiality, and professional competence.
Confidentiality is crucial, embodying respect for individual privacy...
The American Nurses Association (ANA) created and implemented the first nationally accepted Code of Ethics for Nurses with Interpretive Statements. The Code of Ethics is a living document regularly updated by the ANA and establishes an ethical standard that is non-negotiable for nurses in all roles and settings.
The Code of Ethics provisions outline the nurse's duty to the patient, the healthcare team, the profession, and society. The Code's fundamental principles include advocacy,...
Global regulatory systems in bacteria enable rapid and coordinated responses to environmental changes by integrating sensory inputs with gene expression, ensuring efficient adaptation to fluctuating conditions. Key global regulatory mechanisms include regulons, two-component systems, sigma factors, and secondary messengers.Regulons and Global RegulatorsA regulon is a collection of genes and operons controlled by a common global regulator. These regulators enable bacteria to prioritize resource...
Affiliation motivation is the intrinsic desire to connect with others and belong to a social group, which plays a crucial role in forming and maintaining personal relationships. This type of motivation is essential for psychological well-being, as it provides individuals with a sense of community and support. An example of this is a student who joins a study group in order to feel a sense of connection. People with high affiliation motivation actively seek social approval, take satisfaction in...
Nurses are essential in patient care, upholding the ethical principles of their profession and effectively navigating ethical dilemmas. Neglecting ethical issues can lead to inadequate patient care, compromised therapeutic relationships, and moral distress among healthcare workers.
Ethical Concerns in Healthcare:
• Paternalism: Nurses often encounter situations where they must act without patient consent to safeguard their well-being or prevent harm. A common example occurs in cases of...
Resolving an ethical dilemma in healthcare involves a systematic approach that considers every aspect of the issue, respecting both the patient's needs and values and the healthcare professional's ethical obligations. Here are potential steps to resolve an ethical dilemma:
Identify the ethical problem and dilemma: Begin by recognizing the presence of an ethical issue. An ethical dilemma arises when conflicting moral principles or values necessitate choosing between two or more equally...