女性执行权力对企业ESG绩效的影响：管理自我利益的中介作用

IF 13.3 1区管理学 Q1 BUSINESS

Business Strategy and The Environment Pub Date : 2025-08-27 DOI:10.1002/bse.70156

Xu Wang, Hanhan Han, Mengfei Zhao, Shengliang Deng

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引用次数: 0

摘要

环境、社会和治理（ESG）责任履行能力的重要性日益增加，ESG绩效对寻求增强竞争优势的企业越来越重要。本文以2012年至2022年A股上市公司为研究对象，运用回归分析方法，实证检验了女性高管权力与企业ESG绩效之间的相关性及其机制。结果表明，女性高管权力与企业ESG、ES绩效呈正相关。这种正相关归因于女性高管权力降低了管理层自身利益，提高了企业ESG和ES绩效的机制。企业数字化转型和区域数字金融发展对这一关系具有正向调节作用。本研究通过调查高管性别多样性的影响，扩展了之前关于企业ESG绩效决定因素的学术研究。此外，本文还阐明了女性高管权力对企业ESG绩效的影响。这些发现为寻求提高ESG绩效以促进可持续发展的企业提供了经验证据和理论见解。

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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Impact of Female Executive Power on Corporate ESG Performance: The Mediating Role of Managerial Self‐Interest

The significance of the responsibility fulfillment capability for environmental, social, and governance (ESG) is increasing, with ESG performance becoming increasingly pivotal for firms seeking to bolster their competitive edge. This study empirically examines the correlation and mechanism between female executive power and corporate ESG performance, using regression analysis to focus on A‐share listed firms from 2012 to 2022. The results demonstrate that female executive power has a positive correlation with corporate ESG and ES performance. This positive correlation is ascribed to the mechanism by which female executive power diminishes managerial self‐interest and improves corporate ESG and ES performance. Furthermore, corporate digital transformation and regional digital finance development have a positive moderating effect on this relationship. This study expands prior scholarship on the determinants of corporate ESG performance by investigating the impact of executive gender diversity. Moreover, it elucidates how female executive power influences corporate ESG performance. These findings provide empirical evidence and theoretical insights for firms seeking to enhance their ESG performance for sustainable development.

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来源期刊

Business Strategy and The Environment Multiple-

CiteScore

22.50

自引率

19.40%

发文量

336

期刊介绍： Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.