Version 1
: Received: 19 August 2023 / Approved: 21 August 2023 / Online: 22 August 2023 (10:14:55 CEST)
How to cite:
Van, P.L.; Ho, Y.H. Independent Board Members and Corporate Financial Performance: The Mediating of Environmental, Social, and Governance Pillars in Taiwan. Preprints2023, 2023081542. https://doi.org/10.20944/preprints202308.1542.v1
Van, P.L.; Ho, Y.H. Independent Board Members and Corporate Financial Performance: The Mediating of Environmental, Social, and Governance Pillars in Taiwan. Preprints 2023, 2023081542. https://doi.org/10.20944/preprints202308.1542.v1
Van, P.L.; Ho, Y.H. Independent Board Members and Corporate Financial Performance: The Mediating of Environmental, Social, and Governance Pillars in Taiwan. Preprints2023, 2023081542. https://doi.org/10.20944/preprints202308.1542.v1
APA Style
Van, P.L., & Ho, Y.H. (2023). Independent Board Members and Corporate Financial Performance: The Mediating of Environmental, Social, and Governance Pillars in Taiwan. Preprints. https://doi.org/10.20944/preprints202308.1542.v1
Chicago/Turabian Style
Van, P.L. and Yui Hui Ho. 2023 "Independent Board Members and Corporate Financial Performance: The Mediating of Environmental, Social, and Governance Pillars in Taiwan" Preprints. https://doi.org/10.20944/preprints202308.1542.v1
Abstract
This paper examines the relationship between the ratio of independent board member to the financial performance of the company under the mediation of the three pillars of environment, society, and governance (ESG) in Taiwan. The study addresses a research gap between independent directors and corporate financial performance, an issue that is rarely discussed today. The author develops the hypotheses and tests them by applying panel data regression to the data tables taken from the Thomson Reuters Eikon database to analyze data on 173 Taiwanese companies that reported ESG from 2009 to 2021. The results show that the relationship between the ratio of independent directors and financial performance has a positive relationship. At the same time, the 3 pillars of ESG also clearly show the intermediary role in this relationship. Finally, this study provides additional insights into the relationship between the ratio of independent directors and financial performance in the Taiwan context.
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
