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Environmental Background of Independent Directors and Corporate ESG Performance

Wenli Zhang

Abstract


With the development of ESG concept, ESG performance of enterprises has become an important index to evaluate their comprehensive strength. This paper aims to explore the impact of independent directors with environmental background on ESG performance of enterprises. The research results show that independent directors with environmental protection background can significantly improve the ESG
performance of enterprises by improving internal control. Further analysis shows that the significant improvement effect is only reflected in
state-owned enterprises and non-heavy polluting enterprises; When the proportion of independent directors with environmental protection
background is higher, the ESG performance is better.

Keywords


Independent Director, Environmental Background, ESG Performance, High-Quality Development

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References


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DOI: http://dx.doi.org/10.18686/fm.v9i4.13076

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