Board informal hierarchy, strategic aggressiveness, and corporate ESG performance.
Based on the stakeholder theory, relationship contract theory, and other theories, this study examined how the board informal hierarchy influences corporate ESG (Environmental, Social, and Governance) performance, using Chinese A-share listed enterprises from 2010 to 2022 as the research samples. Th...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2025-01-01
|
| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0319264 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849387972955209728 |
|---|---|
| author | Jinye Xu Yuanjie Xiao |
| author_facet | Jinye Xu Yuanjie Xiao |
| author_sort | Jinye Xu |
| collection | DOAJ |
| description | Based on the stakeholder theory, relationship contract theory, and other theories, this study examined how the board informal hierarchy influences corporate ESG (Environmental, Social, and Governance) performance, using Chinese A-share listed enterprises from 2010 to 2022 as the research samples. The results indicated that the clearer the board informal hierarchy, the better the corporate ESG performance. Furthermore, the board informal hierarchy can enhance the ESG performance by promoting more aggressive strategic initiatives. In situations characterized by high environmental uncertainty, heavy pollution industries, and state-owned enterprises, the positive impact of the board informal hierarchy on the corporate ESG performance is even stronger. This study provided a new perspective on the factors influencing the corporate ESG performance by examining the micro-level vertical structure within the board, enriching the content of ESG-related research. |
| format | Article |
| id | doaj-art-1bf5ede8ddd840f19939d09fc706db40 |
| institution | Kabale University |
| issn | 1932-6203 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj-art-1bf5ede8ddd840f19939d09fc706db402025-08-20T03:42:26ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01207e031926410.1371/journal.pone.0319264Board informal hierarchy, strategic aggressiveness, and corporate ESG performance.Jinye XuYuanjie XiaoBased on the stakeholder theory, relationship contract theory, and other theories, this study examined how the board informal hierarchy influences corporate ESG (Environmental, Social, and Governance) performance, using Chinese A-share listed enterprises from 2010 to 2022 as the research samples. The results indicated that the clearer the board informal hierarchy, the better the corporate ESG performance. Furthermore, the board informal hierarchy can enhance the ESG performance by promoting more aggressive strategic initiatives. In situations characterized by high environmental uncertainty, heavy pollution industries, and state-owned enterprises, the positive impact of the board informal hierarchy on the corporate ESG performance is even stronger. This study provided a new perspective on the factors influencing the corporate ESG performance by examining the micro-level vertical structure within the board, enriching the content of ESG-related research.https://doi.org/10.1371/journal.pone.0319264 |
| spellingShingle | Jinye Xu Yuanjie Xiao Board informal hierarchy, strategic aggressiveness, and corporate ESG performance. PLoS ONE |
| title | Board informal hierarchy, strategic aggressiveness, and corporate ESG performance. |
| title_full | Board informal hierarchy, strategic aggressiveness, and corporate ESG performance. |
| title_fullStr | Board informal hierarchy, strategic aggressiveness, and corporate ESG performance. |
| title_full_unstemmed | Board informal hierarchy, strategic aggressiveness, and corporate ESG performance. |
| title_short | Board informal hierarchy, strategic aggressiveness, and corporate ESG performance. |
| title_sort | board informal hierarchy strategic aggressiveness and corporate esg performance |
| url | https://doi.org/10.1371/journal.pone.0319264 |
| work_keys_str_mv | AT jinyexu boardinformalhierarchystrategicaggressivenessandcorporateesgperformance AT yuanjiexiao boardinformalhierarchystrategicaggressivenessandcorporateesgperformance |