Board Gender Diversity and ESG Disclosure: Does Board Meeting Attendance Matters?
                    Table 4: Correlation Coefficients and VIF
                    
                             
  
   
   | Variables |  
   (1) |  
   (2) |  
   (3) |  
   (4) |  
   (5) |  
   (6) |  
   (7) |  
   (8) |  
   (9) |  
   (10) |  
   (11) |  
   (12) |  
   (13) |  
   VIF |  
  
 
   
   | (1) ESGD |  
   1.000 |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (2) ENV |  
   0.975 |  
   1.000 |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
   2.92 |  
  
 
   
    |  
   (0.000) |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (3) SOC |  
   0.844 |  
   0.726 |  
   1.000 |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
   2.32 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (4) GOV |  
   0.786 |  
   0.705 |  
   0.650 |  
   1.000 |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
   2.22 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (5) BGD |  
   0.275 |  
   0.260 |  
   0.227 |  
   0.226 |  
   1.000 |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
   1.71 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (6) BMAT |  
   0.105 |  
   0.101 |  
   0.084 |  
   0.107 |  
   0.103 |  
   1.000 |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
   1.04 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (7) CRITICALMASS |  
   0.249 |  
   0.236 |  
   0.210 |  
   0.202 |  
   0.589 |  
   0.111 |  
   1.000 |  
    |  
    |  
    |  
    |  
    |  
    |  
   1.83 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (8) FEMALECEO |  
   0.078 |  
   0.069 |  
   0.067 |  
   0.063 |  
   0.219 |  
   0.069 |  
   0.190 |  
   1.000 |  
    |  
    |  
    |  
    |  
    |  
   1.44 |  
  
 
   
    |  
   (0.000) |  
   (0.001) |  
   (0.002) |  
   (0.004) |  
   (0.000) |  
   (0.001) |  
   (0.000) |  
    |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (9) FEMCHAIRPERSON |  
   0.050 |  
   0.043 |  
   0.061 |  
   0.036 |  
   0.140 |  
   0.094 |  
   0.144 |  
   0.528 |  
   1.000 |  
    |  
    |  
    |  
    |  
   1.41 |  
  
 
   
    |  
   (0.020) |  
   (0.049) |  
   (0.005) |  
   (0.096) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
    |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (10) CEODUALITY |  
   0.146 |  
   0.163 |  
   0.079 |  
   0.121 |  
   0.078 |  
   0.060 |  
   0.143 |  
   0.005 |  
   0.013 |  
   1.000 |  
    |  
    |  
    |  
   1.44 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.005) |  
   (0.000) |  
   (0.810) |  
   (0.552) |  
    |  
    |  
    |  
    |  
    |  
  
 
   
   | (11) BOARDSIZE |  
   0.359 |  
   0.352 |  
   0.276 |  
   0.320 |  
   0.085 |  
   0.116 |  
   0.355 |  
   0.064 |  
   0.073 |  
   0.109 |  
   1.000 |  
    |  
    |  
   1.35 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.003) |  
   (0.001) |  
   (0.000) |  
    |  
    |  
    |  
    |  
  
 
   
   | (12) FSIZE |  
   -0.257 |  
   -0.271 |  
   -0.180 |  
   -0.183 |  
   0.061 |  
   0.007 |  
   0.052 |  
   0.003 |  
   0.078 |  
   0.041 |  
   -0.100 |  
   1.000 |  
    |  
   1.12 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.005) |  
   (0.761) |  
   (0.016) |  
   (0.890) |  
   (0.000) |  
   (0.059) |  
   (0.000) |  
    |  
    |  
    |  
  
 
   
   | (13) INDEPDIR |  
   0.311 |  
   0.302 |  
   0.252 |  
   0.299 |  
   0.201 |  
   0.018 |  
   0.220 |  
   0.049 |  
   0.073 |  
   0.270 |  
   0.170 |  
   -0.012 |  
   1.000 |  
   1.22 |  
  
 
   
    |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.000) |  
   (0.398) |  
   (0.000) |  
   (0.023) |  
   (0.001) |  
   (0.000) |  
   (0.000) |  
   (0.576) |  
    |  
    |  
  
 
  
                     
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