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Board gender diversity heterogeneity and sustainability: a systematic literature review on multi-dimensional board diversity

取締役会のジェンダー多様性の異質性と持続可能性:多次元的な取締役会多様性に関する体系的文献レビュー (AI 翻訳)

Jan Marvin Apel, P. Velte

Journal of Accounting Literature📚 査読済 / ジャーナル2026-06-29#ESGOrigin: Global経営インパクト: 資金調達対象セクター: cross_sector
DOI: 10.1108/jal-08-2025-0399
原典: https://doi.org/10.1108/jal-08-2025-0399
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🤖 gxceed AI 要約

日本語

本レビューは、女性取締役の属性の多様性(異質性)がESGパフォーマンスと報告に与える影響を70の実証研究から体系的に分析。特に非業務執行女性取締役がESGパフォーマンスに一貫して正の効果を持つ一方、業務執行役員では文脈依存性が高いことを発見。多様性を単なる人数ではなく質的な資源として捉える必要性を強調。

English

This systematic review of 70 archival studies examines how within-gender heterogeneity in board diversity (e.g., executive vs. non-executive roles) relates to ESG performance and reporting. It finds consistent positive effects from female non-executive directors on ESG performance, while results for executive directors are mixed. The study advocates treating board diversity as a multi-attribute governance asset rather than a headcount metric.

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

日本のコーポレートガバナンスコードやSSBJ開示基準では、取締役会の多様性(ジェンダー含む)が重要視されている。本レビューは、単なる女性比率ではなく属性の質がESG成果に影響することを示し、日本企業の取締役会構成や統合報告書での開示に示唆を与える。

In the global GX context

As ISSB and CSRD require enhanced disclosure on board diversity and its link to sustainability, this review provides granular evidence on which diversity attributes matter for ESG outcomes. It underscores that regulators and companies should move beyond diversity quotas to consider the functional roles and authority of female directors.

👥 読者別の含意

🔬研究者:Provides a systematic map of evidence on within-gender board diversity heterogeneity, highlighting gaps and consistent findings for future research.

🏢実務担当者:Informs corporate boards and sustainability teams on how to design board composition beyond gender quotas to improve ESG performance.

🏛政策担当者:Supports evidence-based regulation on board diversity mandates by showing which attributes (e.g., non-executive status) are most impactful.

📄 Abstract(原文)

This systematic review examines how within-gender heterogeneity in board gender diversity, variation in female directors' observable and underlying attributes, relates to corporate sustainability outcomes, captured as ESG performance and ESG reporting. Guided by stakeholder–agency theory and an adapted Milliken and Martins' (1996) framework, we systematically searched EBSCO Business Source Complete and Web of Science. We included 70 English-language, peer-reviewed archival studies that operationalise board gender diversity through multiple female-directors attributes and report associations with ESG performance and ESG reporting. We synthesise findings using vote counting and report simple summary statistics for the most frequently studied attributes. Evidence is most consistent for female non-executive directors, who are robustly associated with stronger ESG performance across governance systems and regulatory settings. Results for female executive directors are more context-dependent and frequently mixed. For other heterogeneity dimensions, the evidence base remains comparatively thin and inconclusive, particularly for ESG reporting, reflecting both limited study volume and measurement heterogeneity. Boards and regulators should treat gender diversity as a multi-attributed governance resource rather than a headcount metric. Emphasis on the composition and authority of female directors appears most consequential for sustainability performance, while disclosure-related effects require more consistent measurement and stronger identification. This review's contribution lies in systematically operationalising and coding within-gender heterogeneity by separating observable from underlying attributes and mapping them distinctly to ESG performance versus ESG reporting, thereby clarifying where evidence is comparatively consistent and where key gaps remain.

🔗 Provenance — このレコードを発見したソース

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