Figure 7.
A line chart showing that the proportion of women has a greater positive effect on greenwashing when ESG controversies reamin low.The graph shows the environmental gap on the y-axis and the proportion of women on the x-axis from 0 to 1. The dashed line decreases from about 0.5 to about negative 2, while the solid line increases from about negative 0.1 to about 0.8, indicating opposite effects under low and high E S G controversies.

Marginal effect plots for the interaction between board gender diversity and ESG controversies and its effect on GREENWASH

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