Women on Board and ESG Performance: Insights from the Italian Utilities Sector DOI Open Access
Elisa Menicucci,

Guido Paolucci

International Journal of Business and Management, Journal Year: 2024, Volume and Issue: 19(3), P. 73 - 73

Published: April 6, 2024

The purpose of this paper is to investigate the relationship between gender diversity and environmental, social governance (ESG) performance in Italian utilities sector. study examines whether presence women on board directors (BoD) related ESG dimensions. We analyzed a sample 482 utility companies for period 2018-2022 we developed an econometric model applying unbalanced panel regression data with firm fixed effects controls per year. Within multivariate model, authors considered score provided by Refinitiv Eikon test research hypotheses. Findings show that improves when critical mass female members (at least three) reached. A threshold also positively influences scoring environmental pillars. From managerial perspective draws attention BoD composition encouraging define internal corporate mechanisms thoroughly. overall findings support managers, policy makers regulators how improve through BoD. This offers in-depth examination practices firms, it attempts bridge gap prior literature determinants first investigates such context exploring affects

Language: Английский

Environmental, social, and governance (ESG) performance and financial outcomes: Analyzing the impact of ESG on financial performance DOI
Simin Chen,

Yu Song,

Peng Gao

et al.

Journal of Environmental Management, Journal Year: 2023, Volume and Issue: 345, P. 118829 - 118829

Published: Sept. 8, 2023

Language: Английский

Citations

296
Worldwide evidence of corporate governance influence on ESG disclosure in the utilities sector DOI Creative Commons
Giuseppe Nicolò, Giovanni Zampone,

Giuseppe Sannino

et al.

Utilities Policy, Journal Year: 2023, Volume and Issue: 82, P. 101549 - 101549

Published: April 13, 2023

This paper examines the impact of corporate governance mechanisms on Environmental Social and Governance (ESG) disclosure in utilities sector. We collected data from Eikon Refinitiv database 265 worldwide organisations operating utility sector during 2011–2019 period. Findings evidence that board independence existence a specific Corporate Responsibility (CSR)/sustainability committee constitute positive drivers utilities’ overall ESG levels. Also, size positively influences environmental social disclosure. The study would encourage to define their internal carefully, devoting primary attention an accurate selection directors members.

Language: Английский

Citations

56
ESG investment and bank efficiency: Evidence from China DOI
Qiang Cao, Tingting Zhu, Wenmei Yu

et al.

Energy Economics, Journal Year: 2024, Volume and Issue: 133, P. 107516 - 107516

Published: April 3, 2024

Language: Английский

Citations

25
Sustainability in Energy Companies Under the Lens of Cultural Pressures: When Do We Talk of Greenwashing? DOI Creative Commons
Paolo Esposito, Emanuele Doronzo, Vincenzo Riso

et al.

Corporate Social Responsibility and Environmental Management, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 17, 2025

ABSTRACT Listed companies allocate resources to various renewable energy and green innovation initiatives driven by economic environmental, social, governance (ESG) objectives. Corporations experience increased pressure from stakeholders, potentially hindering the concurrent achievement of ESG goals leading phenomena such as greenwashing. This study examines whether these investments practices represent an authentic transformation in corporate strategy or a mere rebranding attempt. Moreover, it investigates cultural dimensions can serve predictors The investigation progresses through three stages. First, homogenous dataset 59 listed EU countries between 2011 2022 is identified. Second, data envelopment analysis methodology employed second stage determine companies' efficiency. An effective enterprise must simultaneously achieve calculates greenwashing proxy, creating binary variable assigning value 1 not impacted 0 those that are. Finally, logistic regression utilized investigate correlation denotes subjected Hofstede's dimensions. reveals firms operating with high levels masculinity are more likely participate deceptive environmental known “greenwashing.” outcome has implications for academic practical purposes, notably regarding stakeholder involvement re‐evaluation strategic decision‐making procedures interplay values technology. To best our knowledge, this represents sole applies approach examining non‐financial reporting, focusing on values, ESG, their interaction effects.

Language: Английский

Citations

5
Does ESG performance impact credit portfolios? Evidence from lending to mineral resource firms in emerging markets DOI
Birjees Rahat, Pascal Nguyên

Resources Policy, Journal Year: 2023, Volume and Issue: 85, P. 104052 - 104052

Published: Aug. 1, 2023

Language: Английский

Citations

25
Breaking ground in ESG assessment: Integrated DEA and MCDM framework with spherical fuzzy sets for Vietnam's wire and cable sector DOI Creative Commons
Phi-Hung Nguyen, Lan-Anh Thi Nguyen, Hong-Anh Thi Pham

et al.

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2023, Volume and Issue: 9(3), P. 100136 - 100136

Published: Sept. 1, 2023

In corporate sustainability reporting, the credibility of environmental, social, and governance (ESG) information is paramount, especially for socially responsible investors relying on ESG metrics. This study proposes an integrated method combining Data Envelopment Analysis (DEA), Analytic Hierarchy Process (SF-AHP), Weighted Aggregated Sum Product Assessment (SF-WASPAS) under Spherical fuzzy environment to assess performance Vietnam's wire cable companies by integrating quantitative indicators from financial statements qualitative factors literature reviews expert interviews. Firstly, DEA-Malmquist model gauges efficiency ten enterprises through five critical indicators. Secondly, using opinions, SF-AHP determines weights 16 selected criteria, offering a dimension evaluation. Subsequently, SF-WASPAS approach ranks businesses based aggregated scores derived forming robust foundation ranking. Furthermore, comparative analysis demonstrates practicality reliability our proposed framework against Technique Order Preference Similarity Ideal Solution (SF-TOPSIS) Fermatean WASPAS. While Malmquist results highlight SAM Holding Corporation (A6) with highest average score, holistic assessment across all three ranking methods places Vietnam Electric Cable (A1) at forefront, closely followed Hai Phong Electronic Mechanical JSC (A2). By harmoniously blending perspectives employing evaluation techniques, this extends effective resource management, targeted investor attraction, heightened stakeholder engagement, substantial benefits industry's endeavours.

Language: Английский

Citations

25
Sustainability and bank credit access: New evidence from Italian SMEs DOI Creative Commons
Elisabetta D’Apolito, Simona Galletta, Antonia Patrizia Iannuzzi

et al.

Research in International Business and Finance, Journal Year: 2024, Volume and Issue: 69, P. 102242 - 102242

Published: Jan. 21, 2024

We test whether firm sustainability positively affects access to bank credit. carry out a panel data analysis of 125 listed Italian SMEs across 14 regions over 2017–2021. A quantitative score comprising 20 items grouped into three areas, disclosure, processes, and governance, is computed determine the level implementation sustainable practices sampled SMEs. Results show that with more orientation have greater credit better ability pay cost debt. This, in turn, reinforces bank-SME relationships. contribute literature on SMEs, highlighting relationship between availability loans.

Language: Английский

Citations

15
ESG Standards in China: Bibliometric Analysis, Development Status Research, and Future Research Directions DOI Open Access

Lihua Zeng,

Hao Li,

Liyu Lin

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(16), P. 7134 - 7134

Published: Aug. 20, 2024

Environmental, social, and governance (ESG) standards have received widespread attention in the quest for sustainable development. However, a comprehensive understanding of current status ESG standards, particularly context China, remains scientific gap. This study bridges this gap by adopting bibliometric analysis to comprehensively analyze standards. Based on an 213 articles involving Web Science Core Collection database from 2015 2024, identified global distribution organizations, research hotspots, trends, cutting-edge research. It was found that shows growing trend: hotspots mainly focus areas performance, rating, investment, sustainability. Crucially, offers novel insights into development emphasizing significant roles government’s promotion standard formulation regulation, corporate voluntary compliance, academic communication. Future directions are proposed imply implementation China should be beneficial

Language: Английский

Citations

11
The Impact of EU Taxonomy for Sustainable Activities on European Utilities' Performance DOI Creative Commons

Federica Tonnarello,

Carlo Vermiglio, Carlo Migliardo

et al.

Business Strategy and the Environment, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 10, 2025

ABSTRACT This study investigates the relationship between European utility companies' compliance with EU Taxonomy for Sustainable Activities and their overall performance. The is a new regulation proposed by Commission to promote sustainable finance 2050. literature shows that nonfinancial disclosures have favorable impact on financial However, no research has been conducted assess implementation of its effect firm Using sample utilities from 2012 2022, difference‐in‐differences (DiD) model was applied analyze causal Based institutional signaling theories, results show companies reporting alignment exhibit higher market value, profitability, efficiency than those do not. contributes firms' transparency enriches academic discussions offering insights policymakers improving industry practices.

Language: Английский

Citations

2
Exploring the asymmetric impact of sustainability reporting on financial performance in the utilities sector: A longitudinal comparative analysis DOI Creative Commons
Nieves Remo‐Diez, Cristina Mendaña Cuervo, Mar Arenas‐Parra

et al.

Utilities Policy, Journal Year: 2023, Volume and Issue: 84, P. 101650 - 101650

Published: Aug. 17, 2023

This paper explores the longitudinal impact of Environmental, Social, and Governance (ESG) scores on company performance, considering firm value financial accounting performance. Using a fuzzy set qualitative comparative analysis (fsQCA) sample 185 global listed companies in utilities sector from 2018 to 2021, we demonstrate that various combinations sub-dimensions ESG activities determine level performance (FP). We use two metrics market-based indicators identify different configurations across time perspective each measure. According accounting-based indicators, good S pillar an absence E generate high outcomes time, regardless their G pillar. However, market perspective, both pillars are determinants for generating FP, indicating three dimensions do not need exist simultaneously lead outcomes. research contributes understanding needed improvements industry-specific analyses focusing sector, environmentally sensitive but scarcely studied sector. The study specifically sheds light how publicly traded utility should strategically combine efforts E, S, based whether focus is short-term profits or, conversely, long-term profits. Additionally, it expands application fsQCA related sustainability.

Language: Английский

Citations

20