Female executive leadership and corporate social responsibility

Hyun, Soonchul, Kim, Jong Min, Han, Jeongsoo ORCID logoORCID: https://orcid.org/0000-0003-2869-9100 and Anderson, Mark ORCID logoORCID: https://orcid.org/0000-0002-5149-4763 (2022) Female executive leadership and corporate social responsibility. Accounting & Finance, 62 (3) . pp. 3475-3511. ISSN 0810-5391 [Article] (doi:10.1111/acfi.12894)

Abstract

We examine how increased female participation in top executive leadership affects corporate social responsibility (CSR). Applying a long-window, event study approach with matching, we first document that CSR ratings improve with increased female participation in the top executive team, consistent with expectations based on previous research. Then, we examine specific ways that female participation impacts CSR decision-making. We predict and find that increased female participation brings more attention to remediating CSR concerns. We also predict and find that, in the uncertain economic times following the global financial crisis, increased female participation moderated addition of new CSR strengths.

Item Type: Article
Keywords (uncontrolled): Economics, Econometrics and Finance (miscellaneous), Finance, Accounting
Research Areas: A. > Business School > Economics
Item ID: 34308
Depositing User: Jisc Publications Router
Date Deposited: 06 Jan 2022 14:58
Last Modified: 27 Sep 2022 10:50
URI: https://eprints.mdx.ac.uk/id/eprint/34308

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