Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2100438
The impact of environmental, social, and governance, board diversity and firm size on the sustainable development goals of registered firm in China
Wang Fei
Fang Wei
Zhao Chunxia
Wen Zhen
Sažetak
Recently, sustainability practices have become a global requirement
to attain the high-performance goals of the organizations
and capture the focus of regulators and recent researchers.
Therefore, the present article aim is to investigate the board
diversity (percentage of women directors, percentage of nonexecutive
directors and board member nationality) and firm size
(logarithm of total assets) on the sustainability practices (expenditures
on environmental sustainability) of the top ten registered
firms in China. The researchers have adopted the secondary
source of data collection and extracted the data from the financial
statements of the adopted firms from 2005 to 2019. Additionally,
the researchers used a fixed-effect model (FEM) and a robust
standard error model to investigate the relationship between the
two concepts. There were positive correlations between firm size
(logarithmic total assets) and board diversity (percentage of
women directors, percentage of non-executive directors, and
board member nationality) and China’s top ten registered firms’
sustainability practises (expenditures on environmental sustainability).
This research provides help to the policymakers while formulating
strategies and policies related to the adoption of
sustainability practices.
Ključne riječi
Board diversity; women directors; non-executive directors; board member nationality; firm size; sustainability practices
Hrčak ID:
303749
URI
Datum izdavanja:
31.3.2023.
Posjeta: 688 *