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How does board gender diversity shape ESG performance?

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  • Zhu, Yaqin
  • Chen, Jing

Abstract

This study examines the impact of board gender diversity on corporate environmental, social, and governance (ESG) performance using data from Chinese A-share listed companies from 2010 to 2022. Results indicate that gender diversity improves ESG performance, although its influence in innovation-driven contexts and firms with frequent violations is lower. Gender diversity has a stronger positive impact on firms with fewer green patents, older companies, and firms not listed on ChiNext. The study emphasizes the role of innovation strategy and compliance in promoting gender diversity to maximize its ESG benefits.

Suggested Citation

  • Zhu, Yaqin & Chen, Jing, 2025. "How does board gender diversity shape ESG performance?," Finance Research Letters, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:finlet:v:74:y:2025:i:c:s154461232401746x
    DOI: 10.1016/j.frl.2024.106717
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    References listed on IDEAS

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