The Impact of Top Management Team Heterogeneity on ESG Performance in Manufacturing Enterprises

Jiaqi Hu; Yufang Chao

doi:10.2991/978-94-6239-774-3_35

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The Impact of Top Management Team Heterogeneity on ESG Performance in Manufacturing Enterprises

Authors

Jiaqi Hu¹^{, *}, Yufang Chao²

¹Business School, The University of Adelaide, Adelaide, SA, 5005, Australia

²School of Management, Qilu University of Technology, Jinan, 250353, China

^*Corresponding author. Email: hjqlhyhb@163.com

Corresponding Author

Jiaqi Hu

Available Online 11 September 2026.

DOI: 10.2991/978-94-6239-774-3_35 How to use a DOI?
Keywords: Executive Team Heterogeneity; ESG Performance; Strategic Choice; Upper Echelons Theory; Manufacturing Enterprises
Abstract: Drawing on Upper Echelons Theory and Emergence Theory, this study examines how TMT heterogeneity—in age, education, and professional background—affects ESG performance in Chinese A-share manufacturing listed firms (2013–2023), and tests the mediating role of strategic choice. Results show that overall TMT heterogeneity positively correlates with ESG performance; however, effects diverge markedly across dimensions: heterogeneity primarily promotes governance (G), may suppress environmental (E), and has unstable effects on social (S) performance. Age heterogeneity increases coordination costs and weakens ESG, while educational and professional heterogeneity enhance ESG through knowledge complementarity and resource integration. Strategic choice partially mediates these relationships.
Copyright: © 2026 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title: Proceedings of the 2026 5th International Conference on Mathematical Statistics and Economic Analysis (MSEA 2026
Series: Advances in Economics, Business and Management Research
Publication Date: 11 September 2026
ISBN: 978-94-6239-774-3
ISSN: 2352-5428
DOI: 10.2991/978-94-6239-774-3_35 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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ris enw bib

TY  - CONF
AU  - Jiaqi Hu
AU  - Yufang Chao
PY  - 2026
DA  - 2026/09/11
TI  - The Impact of Top Management Team Heterogeneity on ESG Performance in Manufacturing Enterprises
BT  - Proceedings of the 2026 5th International Conference on Mathematical Statistics and Economic Analysis (MSEA 2026
PB  - Atlantis Press
SP  - 372
EP  - 378
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-774-3_35
DO  - 10.2991/978-94-6239-774-3_35
ID  - Hu2026
ER  -

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