corporate governance
Corporate Governance Reforms Reviewed: Do They Break the Link Between Gender‑Diverse Audit Chairs and ESG Depth?
Since the 2023 ESG disclosure mandate, ESG reporting depth fell 2.5% in firms with female audit-committee chairs, according to a Nature study, reversing the prior advantage of gender diversity. The rule shortened ESG filing deadlines and imposed mandatory audit oversight, prompting a rapid shift in board reporting practices. Corporate