董事会性别多样性对企业ESG绩效有好处吗:来自德国的证据
Qichun Wu1, Muhammad Shahbaz2, Simona Bigerna3
1School of Economics, Beijing Institute of Technology, Beijing, China.
Journal of environmental management
|November 18, 2024
概括
在董事会中增加女性董事的数量可以提高企业的环境和社会绩效,符合德国的"平等参与法". 这项研究强调了性别多样性对可持续商业实践的积极影响.
科学领域:
- 商业与经济学 商业与经济学
- 社会学 社会学 社会学
背景情况:
- 越来越多的女性参与公共事务.
- 女性和男性董事的不同观点影响着企业的可持续发展.
- 专注于企业的环境,社会和治理 (ESG) 绩效.
研究的目的:
- 探索女性董事对企业ESG绩效的影响.
- 分析董事会性别多样性与企业社会责任 (CSR) 战略之间的关系.
- 评估德国"平等参与法"政策的影响.
主要方法:
- 专家小组对275家德国公司 (2010-2018) 的数据分析.
- 计量经济学模型包括普通最小平方 (OLS),两阶段最小平方 (2SLS) 和通用时刻方法 (GMM).
- 环境,社会和治理层面的单独分析.
主要成果:
- 较高的女性董事比例提高了企业的ESG绩效和企业社会责任战略.
- 德国的"平等参与法案"政策放大了女性董事的积极影响.
- 女董事显著有利于企业的环境和社会绩效,但不是治理能力.
结论:
- 董事会的性别多样性,特别是女性代表,对于改善企业的环境和社会成果至关重要.
- 强制性性别多样性的政策干预可以加强这些积极影响.
- 虽然对环境和社会方面有好处,但对公司治理能力的直接影响需要进一步调查.
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