Economics at your fingertips  

A female style in corporate social responsibility? Evidence from charitable donations

Jidong Zhang (), Jing Han () and Meiqun Yin ()
Additional contact information
Jidong Zhang: Winona State University
Jing Han: Winona State University
Meiqun Yin: Beijing International Studies University

International Journal of Disclosure and Governance, 2018, vol. 15, issue 3, 185-196

Abstract: Abstract This study examines whether and how women directors influence firms’ corporate social responsibility (CSR) activities. From two Chinese Stock Exchanges, we collected a sample of firms that had made charitable donations during the earthquakes in China in either 2008 or 2010. Our analysis showed that the percentage of women directors on the board had significant impact on firms’ donations during natural disasters, and such influence was stronger when firm performance was poor rather than good. Moreover, the presence of women directors tended to lead to a reduction in the size of donations among high-performing firms. Donations from firms with a higher percentage of women directors were more likely to be in the form of properties rather than cash. Our results indicated that gender diversity in the boardroom influences firms’ CSR activities. We suggest that public firms with more women directors on the board tend to be more conservative when engaging in CSR activities. Contributions to the literature and practical implications are also discussed.

Keywords: Gender diversity; Women directors; Conservatism; corporate social responsibility (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

DOI: 10.1057/s41310-018-0046-y

Access Statistics for this article

International Journal of Disclosure and Governance is currently edited by Michael Alles

More articles in International Journal of Disclosure and Governance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2020-03-07
Handle: RePEc:pal:ijodag:v:15:y:2018:i:3:d:10.1057_s41310-018-0046-y