Do Women on Boards Drive Corporate Sustainability? Evidence From the European Union

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Analysis reveals female board representation boosts corporate sustainability reporting, suggesting reforms for effective gender diversity.

Female board representation positively influences corporate sustainability reporting, enhancing transparency.
Key finding shows that firms with higher ESG scores and profitability have stronger sustainability disclosures.
The study used panel data from 4329 firm-year observations across 15 EU member states from 2016 to 2023.
Results highlight the need for policy reforms beyond gender quotas to improve women's leadership roles.

Aladwan et al. (2025) studied this question.

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Analysis reveals female board representation boosts corporate sustainability reporting, suggesting reforms for effective gender diversity.