Purpose This study aims to investigate whether the presence of women in the boardroom influences companies' environmental, social and governance (ESG) performance. Furthermore, it examines whether the COVID-19 pandemic and family control affect the relationship.
Design/methodology/approach This study uses nonfinancial firms listed on the Indonesia and Malaysia Stock Exchange during 2018-2021. Thomson Reuters' database is used to collect the ESG scores. Using 312 firm-year observations, the authors apply multiple regressions and sensitivity testing to ensure the robustness of the results.
Findings This study provides empirical evidence that the presence of women in the boardroom improves companies' ESG and family control weakens the relationship. Meanwhile, there is no support on the moderating effect of the COVID-19 pandemic. The authors also conducted additional tests using ESG pillars (i.e. environment, social and governance pillars) as the dependent variable. The findings are robust to alternative samplings.
Research limitations/implications This research is limited to Indonesia and Malaysia, thus affecting the generalizability of the results to all developing countries. The sample size is relatively small due to data limitations related to the availability of ESG scores.
Practical implications The findings of this study provide a basis for the government to establish mandatory regulations regarding sustainability performance. The positive relationship between women on boards and better ESG performance suggests that encouraging gender diversity in corporate leadership can improve sustainability practices. The government may consider implementing gender quota regulations to increase women's representation on corporate boards.
Social implications Shareholders can pursue investment portfolios in socially responsible companies, prioritizing ESG performance. In addition, investors should consider the presence of women in the company's boardroom and whether family control exists when making investment decisions.
Originality/value Overall, the originality and significance of this research lie in its comprehensive examination of the moderating factors, the inclusion of different governance systems in the sample, and the exploration of psychological aspects, contributing to a deeper and more nuanced understanding of the relationship between women on boards and ESG performance in the context of developing countries.
AbstractThe purpose of this study is to conduct a rejection of acts of violence against children, this study uses empirical research where the source is based on observations and interviews, but also based on various approaches. Through this study the researchers explained that children are children who deserve love from their parents and those around them, childhood children should get happiness, joy, but at this time many children get violence from their own parents, Unwittingly, the parents often give yells to torture both physically and psychologically. The rise of acts of violence against children is one of the biggest and serious problems faced by the government at this time, this is because it is related to the role of the government which is to implement Law no. 35-2014, besides that children are also victims of violence themselves will have an impact on their developmental conditions, where the development of children at that time is also immature both physically and psychologically, therefore special protection or assistance is needed in dealing with that matter.Keywords: children; child abuse; legal protectionAbstrakTujuan adanya penelitian ini yaitu untuk melakukan adanya suatu penolakan terhadap tindak kekerasan pada anak, penelitian ini menggunakan penelitian secara empiris yang mana sumbernya berdasarkan dengan melakukan observasi dan hasil wawancara saja, tetapi juga berdasarkan dari berbagai pendekatan. Melalui penelitian ini peneliti menjelaskan bahwa anak merupakan buah hati yang sudah selayaknya mendapatkan kasih sayang dari orang tua serta orang-orang yang berada disekitarnya, masa kecil anak seharusnya mendapatkan kebahagiaan, kegembiraan, namun pada saat ini banyak anak yang mendapatkan kekerasan dari orang tuanya sendiri, yang tanpa disadari juga orang tua tersebut sering memberikan bentakan hingga siksaan baik secara fisik ataupun psikologisnya. Maraknya tindak kekerasan pada anak merupakan salah satu masalah terbesar dan serius yang dihadapi oleh pemerintah pada saat ini, hal tersebut disebabkan karena berkaitan dengan peran pemerintah yang mana untuk melaksanakan UU No. 35-2014, selain itu anak juga yang posisinya sebagai korban dari kekerasan sendiri akan berdampak pada kondisi perkembangannya, yang mana perkembangan anak pada saat itu juga belum matang baik secara fisik maupun psikologisnya, maka dari itu diperlukan adanya perlindungan khusus atau pendampingan secara khusus dalam menangani hal tersebut.