A Study on the Relationship between Female Executives and Corporate ESG Performance

Abstract

Based on relevant theories, Using data from A-share listed companies in Shanghai and Shenzhen between 2015 and 2021, this paper analyzes the influence of female executives on the improvement of corporate ESG performance through empirical methods. It is observed that an increased presence of female executives is strongly correlated with higher corporate ESG performance scores. Specifically, based on their own characteristics, Women in executive roles tend to have a better understanding of and response to stakeholder expectations, introduce the concept of flexible management into the enterprise, emphasize caring, communication and cooperation, and create an open and inclusive corporate atmosphere, so that employees are more actively involved in Sustainability-driven actions. They prioritize the company’s long-term growth and its role in creating social value, often embedding ESG factors into their strategic plans. In addition, research shows that companies that value the opinions of female executives in their decision-making processes are able to optimize resource allocation and respond effectively to stakeholder needs. These findings provide theoretical support and practical guidance for enterprises in selecting and cultivating managerial talent, and emphasize the importance of female executives cultivating sustainable strategies and attaining CSR milestones.