Evidence map›Paper›PMID 38784560›Full record

ArticleHeliyon2024

Addressing environment, social and governance (ESG) investment in China: Does board composition and financing decision matter?

Naiping Zhu, Ernest Nii Teiko Aryee, Andrew Osei Agyemang, Ishmael Wiredu, Abdulrasheed Zakari, Samuel Yayra Agbadzidah

Abstract read
In one paragraph

Article in Heliyon, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

6 authors.

Naiping ZhuSchool of Finance and Economics, Jiangsu University, Zhenjiang, 212013, China.
Ernest Nii Teiko AryeeSchool of Finance and Economics, Jiangsu University, Zhenjiang, 212013, China.
Andrew Osei AgyemangSchool of Finance and Economics, Jiangsu University, Zhenjiang, 212013, China.
Ishmael WireduSchool of Finance and Economics, Jiangsu University, Zhenjiang, 212013, China.
Abdulrasheed ZakariSchool of Business, University of Wollongong, Australia.
Samuel Yayra AgbadzidahSchool of Management, Wuhan Textile University, Wuhan, 430200, China.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

This study examined the link between board composition and environment, social and governance (ESG) investment, and how financing decisions moderate this nexus. The study constructed hypotheses using insights derived from stakeholder and agency theories. We used secondary data from 2010 to 2022 to conduct an empirical analysis using the system Generalized Method of Moments (GMM) and Fixed Effect (FE) estimators. This study found a positive and significant relationship between board independence, sustainability committee, gender diversity, managerial ownership, board meetings and ESG investment. We also found a negative connection between CEO duality, board size, foreign nationals on the board, annual remuneration, and ESG investment. Furthermore, financing decisions significantly moderated the relationship between board composition and ESG investment. The results confirm the importance of board composition and financing decisions in ESG investment in Chinese manufacturing firms. The results show that splitting the CEO and chairperson roles and frequent board meetings can improve a company's ESG investment. Policymakers should facilitate company operations by providing regulations for ESG investment.

Indexed as

Board compositionChinaESG investmentFinancing decisionsManufacturing firms

Identifiers

PMID38784560
PMCPMC11112284

What Socratic holds

Textmetadata
LicenceCC BY
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the Socratic graph.