Board gender diversity and environmental innovation: the role of time horizons and SEW in Chinese family firms

This study examines whether, and under what conditions, board gender diversity fosters environmental innovation in Chinese listed family firms. Using panel data for 2010–2022 and two-way firm and year fixed-effects models, we find that higher board gender diversity is associated with modest but statistically robust increases in subsequent green patenting. The association is stronger in firms with longer leadership tenures, weaker in heavily polluting industries, and only weakly differentiated by donation-based proxies for socioemotional-wealth salience. Interpreted through a behavioral corporate-governance lens, the results highlight the role of organizational patience, stakeholder sensitivity, resource stewardship and reputation-oriented motives in translating board composition into substantive green technological change. Overall, board gender diversity appears to operate as a governance complement whose effectiveness depends on time horizons and sectoral constraints, implying that complementary policy and financial instruments are needed to realize similar gains in hard-to-abate sectors. JEL codes O32, G34, Q55, M14, J16.

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Publication Details

Journal
Frontiers in Sustainability
Published
2026-01-21
DOI
https://doi.org/10.3389/frsus.2025.1714107
Primary Topic
Family Business Performance and Succession
Type
article
Field-Weighted Citation Impact
0.00

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article

Board gender diversity and environmental innovation: the role of time horizons and SEW in Chinese family firms

Zhe Zhai
Frontiers in Sustainability
Family Business Performance and Succession
article

Board gender diversity and environmental innovation: the role of time horizons and SEW in Chinese family firms

Zhe Zhai
article en

Abstract

This study examines whether, and under what conditions, board gender diversity fosters environmental innovation in Chinese listed family firms. Using panel data for 2010–2022 and two-way firm and year fixed-effects models, we find that higher board gender diversity is associated with modest but statistically robust increases in subsequent green patenting. The association is stronger in firms with longer leadership tenures, weaker in heavily polluting industries, and only weakly differentiated by donation-based proxies for socioemotional-wealth salience. Interpreted through a behavioral corporate-governance lens, the results highlight the role of organizational patience, stakeholder sensitivity, resource stewardship and reputation-oriented motives in translating board composition into substantive green technological change. Overall, board gender diversity appears to operate as a governance complement whose effectiveness depends on time horizons and sectoral constraints, implying that complementary policy and financial instruments are needed to realize similar gains in hard-to-abate sectors. JEL codes O32, G34, Q55, M14, J16.

Frontiers in SustainabilityVol. 6
Macau University of Science and Technology (MO)
Macau University of Science and Technology
Gender equality
Openalex Percentile: Top 83%
Family Business Performance and Succession
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