How Board Gender Diversity Influences the Relationship between ESG Performance and Corporate Risk-Taking

Main Article Content

Anis JARBOUI
https://orcid.org/0000-0002-4811-6729
Mohamed Amine Bouraoui

Abstract

This study investigates the impact of environmental, social, and governance (ESG) performance on corporate financial risk, focusing on the moderating role of board gender diversity (BGD). Analyzing French companies listed in the SBF 120 index from 2013 to 2022, the research excludes financial and real estate firms, resulting in a sample of 97 companies with 970 observations. The findings reveal that strong ESG practices lead to lower market volatility and financial risks, with gender-diverse boards—especially those with female directors—enhancing ESG performance. The study highlights the importance of promoting gender diversity in leadership to improve ESG performance and overall risk management strategies.

Article Details

How to Cite
JARBOUI, A., & Bouraoui, M. A. (2024). How Board Gender Diversity Influences the Relationship between ESG Performance and Corporate Risk-Taking. Zhongguo Kuangye Daxue Xuebao, 29(4), 344-352. https://zkdx.ch/journal/zkdx/article/view/175
Section
Articles

How to Cite

JARBOUI, A., & Bouraoui, M. A. (2024). How Board Gender Diversity Influences the Relationship between ESG Performance and Corporate Risk-Taking. Zhongguo Kuangye Daxue Xuebao, 29(4), 344-352. https://zkdx.ch/journal/zkdx/article/view/175

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