Sustainable development disclosure: Environmental, social, and governance reporting and gender diversity in the audit committee
研究了审计委员会中女性比例与环境、社会和治理（ESG）披露质量的关系，发现女性比例越高，自愿性ESG报告越全面和相关，但审计委员会忙碌程度会削弱这一影响。
Abstract This paper analyzes the link between female representation on audit committees (ACs) and specific information attributes of environmental, social, and governance (ESG) disclosures. We also examine whether the role of women is moderated by the busyness and intensity of the committee. Our results reveal a positive association between gender diversity in the AC and the quality of voluntary ESG reporting, which results in greater comprehensiveness and relevance. These findings extend the academic debate concerning the role of female directors on sustainability policies. Moreover, given the importance of ESG information in capital markets and its potential benefits for firms, this evidence may help regulators and owners to implement adequate corporate governance mechanisms. In addition, the busyness of the AC negatively moderates the influence of female AC members. Therefore, we highlight the need to consider the context in which women work in order to understand their influence on sustainability reporting.