Artikel
Gender diversity on the board and firms' corporate social responsibility
Corporate Social Responsibility (CSR) has progressively assumed a strategic role in corporate business. In this sense, the board of directors (Board) assumes a preponderant role, since they make decisions about business strategy. One considerably debated characteristic of Board diversity is gender, since women differ from men in terms of personality, communication style, and values. Therefore, this study analyzes the relationship between CSR and gender diversity on Boards, in a sample of European public firms. Results indicate that firms with a higher percentage of women in the Board have higher CSR practices, suggesting that the presence of women can play an important role in terms of CSR decisions, contributing to more social and sustainable firms. Results also suggest that management teams with a higher female percentage associate with better CSR scores, and firms that exhibit both a higher percentage of women on the Board and on the management team improve CSR scores. From an ethical perspective, more socially responsible firms present more trustworthy financial information, and more sustainable economic performance, which decreases risk assessment from their business partners and remaining stakeholders. Thus, results may be of interest to different stakeholders, such as policymakers, investors, and business partners, in order to increase firms' involvement in CSR.
- Language
-
Englisch
- Bibliographic citation
-
Journal: International Journal of Financial Studies ; ISSN: 2227-7072 ; Volume: 10 ; Year: 2022 ; Issue: 1 ; Pages: 1-16 ; Basel: MDPI
- Classification
-
Wirtschaft
- Subject
-
board of directors
corporate social responsibility
Europe
gender diversity
- Event
-
Geistige Schöpfung
- (who)
-
Gaio, Cristina
Gonçalves, Tiago Cruz
- Event
-
Veröffentlichung
- (who)
-
MDPI
- (where)
-
Basel
- (when)
-
2022
- DOI
-
doi:10.3390/ijfs10010015
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
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
- Gaio, Cristina
- Gonçalves, Tiago Cruz
- MDPI
Time of origin
- 2022
Other Objects (12)
Board gender diversity and corporate social responsibility
Board Directors and Corporate Social Responsibility
Do Old Board Directors Promote Corporate Social Responsibility?
Corporate social responsibility, board gender diversity and real earnings management: The case of Jordan
Corporate Social Responsibility and Firms Ability to Collude
Board Responsibility for Irresponsibility: The Link Between Board Structure and Corporate Scandals
Gender diversity on corporate boards and earnings management: Evidence for European Union listed firms
Corporate responsibility and corporate misbehavior: are CSR reporting firms indeed responsible?
Board gender diversity and corporate social responsbility
Board Diversity als Zukunftsaufgabe der Corporate Governance
Corporate social responsibility and firms' performance: A stratigraphical analysis
Does corporate social responsibility affect the performance of firms?
Board gender diversity and corporate social responsibility
Board Directors and Corporate Social Responsibility
Do Old Board Directors Promote Corporate Social Responsibility?
Corporate social responsibility, board gender diversity and real earnings management: The case of Jordan
Corporate Social Responsibility and Firms Ability to Collude
Board Responsibility for Irresponsibility: The Link Between Board Structure and Corporate Scandals
Gender diversity on corporate boards and earnings management: Evidence for European Union listed firms
Corporate responsibility and corporate misbehavior: are CSR reporting firms indeed responsible?
Board gender diversity and corporate social responsbility
Board Diversity als Zukunftsaufgabe der Corporate Governance
Corporate social responsibility and firms' performance: A stratigraphical analysis
Does corporate social responsibility affect the performance of firms?
Board gender diversity and corporate social responsibility
Board Directors and Corporate Social Responsibility
Do Old Board Directors Promote Corporate Social Responsibility?
Corporate social responsibility, board gender diversity and real earnings management: The case of Jordan
Corporate Social Responsibility and Firms Ability to Collude
Board Responsibility for Irresponsibility: The Link Between Board Structure and Corporate Scandals
Gender diversity on corporate boards and earnings management: Evidence for European Union listed firms
Corporate responsibility and corporate misbehavior: are CSR reporting firms indeed responsible?
Board gender diversity and corporate social responsbility
Board Diversity als Zukunftsaufgabe der Corporate Governance
Corporate social responsibility and firms' performance: A stratigraphical analysis