IDEAS home Printed from https://ideas.repec.org/a/ids/ijcgov/v16y2026i1p67-89.html

Females on board and sustainability performance: evidence from the emerging markets

Author

Listed:
  • Ahmed F. Elbayoumi
  • Hanan Elmoursy
  • Somya M. Eljilany
  • Mohammed Bouaddi
  • Mohamed A.K. Basuony

Abstract

This study examines the impact of gender diversity, board size, board independence, and CEO duality on sustainability performance. Using a dataset of 19,199 firm-year observations from 25 emerging market countries listed in the MSCI emerging markets index and spanning from 2008 to 2021, this study provides robust empirical evidence on the association between board composition and sustainability performance. Fixed effect model with lags and GMM are used to provide robust empirical evidence on the relationship between board composition and sustainability performance. The results reveal that the presence of female members on boards (executive and non-executive directors) improves the firm's sustainability performance. While, board independence negatively affects the ESG scores. This study contributes to the ongoing discourse on sustainability by providing a deeper comprehension of the intricate relationships between board composition and sustainability performance. Our findings help advance our understanding of the role of board composition in shaping corporate sustainability decisions.

Suggested Citation

  • Ahmed F. Elbayoumi & Hanan Elmoursy & Somya M. Eljilany & Mohammed Bouaddi & Mohamed A.K. Basuony, 2026. "Females on board and sustainability performance: evidence from the emerging markets," International Journal of Corporate Governance, Inderscience Enterprises Ltd, vol. 16(1), pages 67-89.
    • Handle: RePEc:ids:ijcgov:v:16:y:2026:i:1:p:67-89
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=152096
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijcgov:v:16:y:2026:i:1:p:67-89. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=260 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.