Abstract：Based on the Upper Echelons Theory and the Emergence Theory ,this study analyzes the impact of executive team heterogeneity on corporate ESG performance, and uses data from China’s A-share listed companies from 2018 to 2022 for empirical testing. The results show: the heterogeneity of the executive team’s professional background and overseas experience will generate an emergence effect positively affecting corporate ESG performance. The test of the regulatory mechanism indicates that the external driving force of the “supervision effect” of major shareholders and the internal pulling force of the “incentive effect” of executives’ stock ownership promotes the influence of executive team heterogeneity on corporate ESG performance. Further analysis finds that executive team heterogeneity can reduce the probability of enterprises facing short-term ESG risk events and significantly alleviate the “partiality” phenomenon in ESG performance.
文豪，黄纪新. 高管团队异质性对企业ESG表现的影响研究[J]. 管理学报, 2025, 22(4): 700-.
WEN Hao，HUANG Jixin. Research on the Impact of Executive Team Heterogeneity on Corporate ESG Performance. Chinese Journal of Management, 2025, 22(4): 700-.
