Artikel

The influence of female directors and institutional pressures on corporate social responsibility in family firms in Latin America

This paper has two main aims. Firstly, we examine whether, given a critical mass of female board members, their presence has a different effect on the firm's CSR practices according to its family or non-family nature. We then consider whether the moderating role of the institutional environment in Latin America enhances the role of female directors in influencing the board's attitude towards CSR strategies. The results obtained-from a sample of 22,958 observations, corresponding to an unbalanced data panel of 5124 companies for the period 2010-2016-confirm our hypothesis and also highlight the existence of type I (organisational) and type II (institutional) compensation effects, which reduce or eliminate differences between family and non-family firms, whether or not they are located in Latin American countries.

Language
Englisch

Bibliographic citation
Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 14 ; Year: 2021 ; Issue: 1 ; Pages: 1-20 ; Basel: MDPI

Classification
Wirtschaft
Subject
corporate social responsibility
family firms
female directors
board of directors
gender
corporate governance

Event
Geistige Schöpfung
(who)
García-Sánchez, Isabel-María
Rodríguez-Ariza, Lázaro
Granada-Abarzuza, María-del-Carmen
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2021

DOI
doi:10.3390/jrfm14010028
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • García-Sánchez, Isabel-María
  • Rodríguez-Ariza, Lázaro
  • Granada-Abarzuza, María-del-Carmen
  • MDPI

Time of origin

  • 2021

Other Objects (12)