Akuntansi: Jurnal Riset Ilmu Akuntansi
Vol. 5 No. 1 (2026): Maret: Jurnal Riset Ilmu Akuntansi

Board Gender Diversity and Corporate ESG Performance: (A Systematic Review of Empirical Evidence)

Fiesty Utami (Universitas Sultan Ageng Tirtayasa)
Refi Pratiwi (Universitas Sultan Ageng Tirtayasa)
Fadhilah Fadhilah (Universitas Sultan Ageng Tirtayasa)
Firli Agusetiawan Shavab (Universitas Sultan Ageng Tirtayasa)
Adih Supriadi (Universitas Sultan Ageng Tirtayasa)



Article Info

Publish Date
30 Mar 2026

Abstract

Corporate governance is significantly shaped by gender diversity on the board of directors which in turn influences ESG performance. While global legislation advocates for higher proportions of women, empirical studies produce mixed and unclear results. This study is a systematic literature review based on the PRISMA approach. From 129 researches, 11 final researches met the criteria, which are: quantitative methods, measuring gender diversity, listed companies, and evaluating ESG performance. The study lists many countries, such as Asia, Europe, emerging markets, and Middle East. The results of this review show that the board gender diversity is related to profitability increased in the sector of agriculture, the negative relationship with profit management in some contexts but positive in others, and the role of reducing tax aggressiveness. Women as a board of director positively support sustainability transparency in certain institutional circumstance. However, every domain have very low degree of certainty in the evidence because of the risk of prejudice, inconsistency, and restricted applicability. The gender diversity and ESG performance realtionship is deeply context-sensitive and varies considerably by the industrial sector, institutional context, or even governing structure. Due to the low certainty of evidence, definite conclusions cannot be drawn yet. Future research should use standardized ESG measures and a more robust methodology to account for endogeny.

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Journal Info

Abbrev

Akuntansi

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

1 Ekonomi Pembangunan 2 Akuntansi 3 Ekonomi Syariah 4 Perbankan 5 Perpajakan 6 Asuransi Niaga (Kerugian) 7 Notariat 8 Bidang Ekonomi Lain Yang Belum Tercantum 9. Aministrasi Keuangan (Perkantoran, Pajak, Hotel, Logistik, Dll) 10. ...