CEO Gender and ESG Controversies

Hussain Muhammad

Economic Papers, 2025, vol. 44, issue 1, 91-100

Abstract: This study examines the impact of chief executive officer (CEO) gender on environmental, social and governance (ESG) controversies among publicly listed non‐financial firms in the USA from 2018 to 2023. The results show that firms led by female CEOs experience significantly fewer ESG controversies. In addition, the findings reveal that the mitigating impact of female CEOs on ESG controversies is more pronounced in firms with a critical mass of women directors and a female voice in corporate boards, creating an optimal environment for ethical and socially responsible practices, thereby reducing ESG controversies.

Date: 2025
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https://doi.org/10.1111/1759-3441.12430

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Persistent link: https://EconPapers.repec.org/RePEc:bla:econpa:v:44:y:2025:i:1:p:91-100

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