The impact of corporate governance attributes on environmental and social performance: The case of European region excluding companies from the Eurozone
研究了公司治理属性（如CSR委员会、CEO二元性、董事会性别多样性等）对欧洲非欧元区313家公司2006-2020年环境和社会绩效的影响，发现女性董事多、董事经验少及设立CSR委员会能显著提升绩效。
Abstract This study provides an empirical investigation of the impact of Corporate Governance (CG) attributes on the environmental and social aspects of Corporate Social Responsibility (CSR). The dependent variables considered for the description of the environmental and social aspects of CSR were determined using the Refinitiv approach, and through the lens of agency, stakeholder, and resource dependency theories. The independent variables were selected based on the literature and involve eight CG attributes, namely: CSR committee, CEO duality, board meeting attendance, board meetings frequency, non‐executive board members, board gender diversity, board specific skills, and board experience. The employed methodology was evaluated through a sample of dependent and independent variable data of 313 companies across the European region excluding companies from the Eurozone for the period of 2006–2020. A suite of machine learning models was employed for capturing the most important determinants of the environmental and social aspects of CSR. The results reveal that three main corporate governance attributes may have a significant impact on a company's environmental and social performance. These attributes involve more female directors and directors with low board experience in board positions, and finally, the existence of CSR committees. The derived findings provide significant implications for corporate directors, socially responsible investors, policymakers, and regulators that intend to promote CSR initiatives and strategies.