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This is a Quantitative Study study.

Environmental, Social, and Governance (ESG) Committees and Corporate Sustainable Development Performance: A Dual Legitimacy Perspective

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This analysis shows how esg committees enhance corporate sustainability, suggesting ownership structure impacts engagement.

ESG committees significantly boost corporate sustainable performance, indicating a strong connection to legitimacy.
Effectiveness is notably influenced by ownership structure, with stronger outcomes in firms engaged with core stakeholders.
Establishing ESG committees tailored to ownership contexts leads to improved stakeholder engagement and performance.
Guidelines for emerging markets must adapt to balance state and market forces to enhance corporate sustainability.

Li et al. (2025) studied this question.

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