MODERATING EFFECT OF BOARD GENDER DIVERSITY ON THE RELATIONSHIP BETWEEN ESG DISCLOSURE AND EARNINGS QUALITY
取締役会のジェンダー多様性がESG開示と利益の質の関係に与える調整効果 (AI 翻訳)
SAHABO SHUAIBU MAHMUD
🤖 gxceed AI 要約
日本語
本研究は、ナイジェリアと南アフリカを対象に、ESG開示が利益の質に与える影響と、取締役会のジェンダー多様性の調整効果を分析。2012～2021年のパネルデータを用いた固定効果回帰の結果、ESG開示は利益の質を向上させ、特に女性取締役比率が高い企業で効果が強まることが示された。
English
This study examines how ESG disclosure affects earnings quality and whether board gender diversity moderates this relationship in Nigeria and South Africa from 2012 to 2021. Fixed-effects regression shows ESG disclosure improves earnings quality, and the effect is stronger in firms with higher female board representation, highlighting the complementary role of diversity and transparency.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本ではSSBJ基準や有報でのESG開示が進む中、取締役会の多様性と開示の質の関連性を示す本知見は、日本の上場企業におけるガバナンス強化にも示唆を与える。ただしアフリカ特有の制度環境を踏まえた解釈が必要。
In the global GX context
While the paper focuses on African emerging markets, the finding that board gender diversity amplifies the positive effect of ESG disclosure on earnings quality offers insights for global disclosure scholarship, particularly for jurisdictions like the EU or US where both ESG disclosure and board diversity are regulatory priorities.
👥 読者別の含意
🔬研究者:Provides empirical evidence from under-researched African markets on the interaction between ESG disclosure and board diversity.
🏢実務担当者:Suggests that enhancing board gender diversity can complement ESG reporting to improve financial reporting credibility.
🏛政策担当者:Emphasizes the importance of promoting both ESG disclosure and gender diversity on boards to boost transparency and investor confidence.
📄 Abstract（原文）
This study investigates the moderating role of board gender diversity in the relationship between Environmental, Social, and Governance (ESG) disclosure and earnings quality in emerging African economies, focusing on Nigeria and South Africa. Drawing on Upper Echelons Theory, Stakeholder Theory, and Resource Dependence Theory, the study employs panel data from 2012 to 2021 and applies a fixed effects regression model. Earnings quality is proxied by accruals, while ESG disclosure is measured using a composite index and its individual components. The results reveal that ESG disclosure has a positive and statistically significant effect on earnings quality, indicating that increased transparency reduces earnings management and enhances financial reporting credibility. Further analysis shows that environmental, social, and governance disclosures individually contribute to improved earnings quality. Importantly, the findings demonstrate that board gender diversity significantly strengthens the ESG–earnings quality relationship. Firms with higher female representation on boards exhibit a stronger positive association between ESG disclosure and earnings quality, suggesting enhanced monitoring effectiveness and ethical oversight. The study contributes to the literature by providing empirical evidence from the African context, where governance structures and regulatory enforcement remain evolving. It highlights the complementary role of ESG disclosure and gender-diverse boards in improving financial reporting quality. The findings offer practical implications for policymakers and corporate managers, emphasising the need to promote gender diversity and ESG reporting as strategic tools for enhancing transparency and investor confidence in emerging markets.
🔗 Provenance — このレコードを発見したソース
- crossref https://doi.org/10.70382/sjaass.v12i2.078first seen 2026-05-14 23:49:48
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