Fiche du document
- handle: 10670/1.d0ly03
- hal: hal-04106411
- doi: 10.1016/j.frl.2023.104032
- WOS: 001072019000001
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1016/j.frl.2023.104032
Mots-clés
Board gender diversity Corporate social performance Environmental performance Semi-parametric regression Panel data B - History of Economic Thought, Methodology, and Heterodox Approaches/B.B2 - History of Economic Thought since 1925/B.B2.B23 - Econometrics • Quantitative and Mathematical Studies C - Mathematical and Quantitative Methods/C.C1 - Econometric and Statistical Methods and Methodology: General/C.C1.C14 - Semiparametric and Nonparametric Methods: General G - Financial Economics/G.G3 - Corporate Finance and Governance/G.G3.G34 - Mergers • Acquisitions • Restructuring • Corporate GovernanceSujets proches
Frontier troubles Philosophy--Methodology AnnalsCiter ce document
Rey Đặng et al., « Board gender diversity and environmental performance: a semi-parametric panel data analysis », HAL-SHS : économie et finance, ID : 10.1016/j.frl.2023.104032
Métriques
Partage / Export
Résumé
Using Baltagi and Li's (2002) semi-parametric panel fixed effects model, this article investigates the effect of board gender diversity (BGD) on a firm's environmental performance (EP) in a sample of firms from the 2020 Fortune 1000 Index over the 2004–2020 period. We address the endogeneity issue via a control function. Contrary to the existing literature, we find an inverted U-shaped BGD-EP relationship with a turning point. Similarly, we show that this relationship is endogenous and dynamic by nature. Overall, we find a curvilinear relationship (inverted U-shape) between BGD and EP, thereby supporting the “too-much-of-a-good-thing” (TMGT) effect (Pierce and Aguinis, 2013).