The purpose of this research is to investigate the effect of gender diversity and moderating effect of the educational background of the audit committee between the environment, social and governance disclosure by the ASEAN banks consisting of Indonesia, Thailand, Philippines, Malaysia, and Singapore, using the stakeholder theory. This research uses an unbalanced panel data of 81 banks from ASEAN country during a period that from 2020 to 2021. Bloomberg ESG disclosure scores, World Bank, and company reported audit committee attributes are collected and analyzed using the pooled ordinary least square (OLS) regression framework, with heteroscedasticity robust standard errors. Each model includes country and year fixed effect to control for systematic differences in firms’ characteristics across country and factors changing over time. on the ESG disclosure, environment disclosure, social disclosure, and governance disclosure, the consistent results, there are positive effect of Gender diversity of Audit Committee, meanwhile the gender diversity of Audit Committee moderated by educational background on ESG disclosure, environment disclosure, social disclosure, and governance disclosure, also has the consistent results there are not significant. This paper validates the significance of the management control mechanism in improving the quality and quantity of ESG disclosures for an environmentally in Banks, hence offering a potential answer to reduce agency and legitimacy issues for the banks.
