Female analysts and COVID-19 corporate donation

Yang Wang, Yifei Zhang (), Wei Kang and Ahmed Hassan Ahmed

Emerging Markets Review, 2022, vol. 53, issue C

Abstract: This paper examines the impact of female analysts' coverage on firm's philanthropic activities amidst the outbreak of the COVID-19 pandemic in China. Using a hand-collected dataset of corporate philanthropy, the paper provides robust evidence that firms covered by female analysts are more likely to contribute actively to the well-being of societies by increasing corporate donation. This positive relationship is more pronounced if the company is privately controlled or covered by female analysts with more working experience, or located in more infectious provinces. Overall, our findings call for more female analyst recruitment, yielding benefits of pressuring firms to engage in philanthropy.

Keywords: Female analysts; COVID-19; Corporate social responsibility; China, donation (search for similar items in EconPapers)
JEL-codes: G30 J16 M14 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:53:y:2022:i:c:s1566014122000589

DOI: 10.1016/j.ememar.2022.100941

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