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Impact of Board Gender Diversity on Corporate Social Responsibility and Irresponsibility: Empirical Evidence from France

Sonia Boukattaya and Abdelwahed Omri
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Sonia Boukattaya: Institut Supérieur de Gestion de Tunis (ISG Tunis), GEF-2A Lab, Université de Tunis, Bardo, 2000 Tunis, Tunisia
Abdelwahed Omri: Institut Supérieur de Gestion de Tunis (ISG Tunis), GEF-2A Lab, Université de Tunis, Bardo, 2000 Tunis, Tunisia

Sustainability, 2021, vol. 13, issue 9, 1-14

Abstract: While prior studies have investigated the impact of corporate governance mechanisms on corporate social responsibility (CSR) commitment, researchers have scantly studied the potentially important relationship between board gender diversity and corporate social responsibility and irresponsibilityseparately. Drawing on the social role theory and feminist ethics, we hypothesizethat board gender diversity is positively associated with CSR and negatively associated with corporate social irresponsibility (CSI).Here, we relied on a sample of French non-financial companies listed on the SBF 120 index between 2011 and 2016. Our results provide evidence on the positive impact of board gender diversity on CSR and the negative one on CSI. We show that women have a stronger impact on reducing CSI than on enhancing CSR. Our findings were robust to the different estimation methods.

Keywords: corporate social performance; corporate governance; gender diversity; corporate social responsibility; corporate social irresponsibility (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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