How Do Japanese Investors Respond to Gender-Related News Communications?

Miho Murashima ()
Additional contact information
Miho Murashima: Rikkyo University

Chapter Chapter 5 in Corporate Social Responsibility and Gender Equality in Japan, 2021, pp 67-92 from Springer

Abstract: Abstract This chapter focuses on gender diversity as one of the most meaningful consequences of CSR, reflecting on the circumstance that Japan is still developing in terms of gender equality challenges. The aim of this chapter is to explore the association between investors' reactions and the release of gender-related news of Japanese companies using an event study methodology. With a large and original CSR news dataset collected from well-known Japanese financial newspapers by the author, a major finding of the analysis is that Japanese investors' views on gender diversity are still developing but changing. After 2016, investors began to react favorably to gender-related announcements, indicating a shift in investor perception. The findings will have important implications not only for Japanese corporate executives and politicians but also for those from other nations with similar cultural backgrounds in terms of gender.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-030-75154-8_5

Ordering information: This item can be ordered from
http://www.springer.com/9783030751548

DOI: 10.1007/978-3-030-75154-8_5

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().