Critical Mass of Women on BODs, Multiple Identities, and Corporate Philanthropic Disaster Response: Evidence from Privately Owned Chinese Firms

Ming Jia and Zhe Zhang ()

Journal of Business Ethics, 2013, vol. 118, issue 2, 303-317

Abstract: Although previous studies focus on the role of women in the boardroom and corporate response to natural disasters, none evaluate how women directors influence corporate philanthropic disaster response (CPDR). This study collects data on the philanthropic responses of privately owned Chinese firms to the Wenchuan earthquake of May 12, 2008, and the Yushu earthquake of April 14, 2010. We find that when at least three women serve on a board of directors (BOD), their companies’ responses to natural disasters are more significant. Age diversity among women on BODs as well as good corporate profitability (e.g., high earnings per share) positively moderates the relationship between women on BODs and CPDR. Copyright Springer Science+Business Media Dordrecht 2013

Keywords: Women on boards of directors; Critical mass; Corporate philanthropic disaster response; Age diversity; Earnings per share (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (55)

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DOI: 10.1007/s10551-012-1589-7

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