董事会绿色背景与企业ESG

IF 9.8 1区经济学 Q1 BUSINESS, FINANCE

International Review of Financial Analysis Pub Date : 2025-06-04 DOI:10.1016/j.irfa.2025.104386

Liangyu Chen , Alkut Yusuyin , Renyi Zhang , Yongmin Zhang

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引用次数: 0

摘要

现有文献主要关注ESG绩效如何影响企业绩效，很少研究影响ESG绩效的决定因素。本文利用中国a股上市公司的数据，分析了董事会环境背景对公司ESG水平的影响。研究结果表明，具有环境背景的董事会可以提升公司的ESG绩效。这种积极作用在国有企业和非高污染企业中更为明显。进一步的机制检验表明，具有环境背景的董事会可以通过吸引更多的绿色投资和促进企业绿色技术创新来提高ESG水平。我们的研究对公司董事会优先招聘和政府环境政策支持可持续发展具有实际意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Boards' green background and corporate ESG

The extant literature has focused primarily on how ESG performance affects corporate performance, with little research on the determinants influencing ESG performance. Using data from Chinese A-share listed companies, this paper analyzes the impact of board's environmental backgrounds on corporate ESG levels. The study results indicate that a board with an environmental background can enhance a company's ESG performance. This positive effect is more pronounced in state-owned enterprises and non-high-pollution enterprises. Further mechanism tests reveal that boards with an environmental background can increase ESG levels by attracting more green investments and promoting corporate green technology innovation. Our research has practical implications for company board hiring priority and for government environmental policies to support sustainable development.

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来源期刊

International Review of Financial Analysis BUSINESS, FINANCE-

CiteScore

10.30

自引率

9.80%

发文量

366

期刊介绍： The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.