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Executive Gender Diversity and Corporate Social Responsibility

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: closed (31 August 2020) | Viewed by 11226

Special Issue Editor


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Guest Editor
Montpellier Management, University of MontpellierOffice B431, Espace Richter, Rue Vendémiaire, Bât. B, CS 19519, 34960 Montpellier Cedex 2
Interests: corporate governance, corporate finance; corporate social responsibility; disclosure

Special Issue Information

Dear Colleagues,

Studies suggest that women are more concerned with other people’s welfare due to their specific role in raising children and caring to the household, whereas men need to be more assertive and independent due to their role as breadwinners. Furthermore, gender-based stereotypes put pressure on women to act in a caring way, so as not to conflict with their expected gender role.

Consistent with these arguments, studies find that women elected to public office are more likely to introduce and prioritize bills dealing with issues of women, children, and families. Increase in the number of female legislators leads to a prioritization of health care, an increase in social policy spending, and a decrease in poverty. Female legislators also insist more on health and education and clearly favor redistributive policies.

Further, women appear less likely to underestimate the effects of their decisions on the environment or to overestimate their ability to find remedial actions. In fact, surveys find that women are significantly less confident that human progress will provide technological means to address environmental challenges, which explains that they are more concerned about changing their daily habits in order to minimize their impact on the environment.

In a corporate environment, it has been shown that gender diversity improves a firm’s social performance because it helps to enhance the effectiveness of the firm’s linkages with its stakeholders and develop greater sympathy to the wider society’s concerns. Most of the studies focus on gender diversity at board level.

This Special Issue of Sustainability intends to collect an attractive set of papers on the developing topic of executive gender diversity. In particular, the selected papers should collectively contribute to demonstrate (1) whether women executives have a favorable effect on a firm’s environmental and social performance; (2) which conditions are needed for women to have a stronger effect; (3) which situations could impede their effectiveness; (4) the role of national culture in facilitating the implication of women executives; (5) whether specific CSR activities are favored by women executives; (5) whether their role has been strengthening as time has passed; etc.

The editor of the Special Issue welcomes all methodological approaches provided they are justified and aptly implemented. For instance, contributors may use case studies; qualitative analyses; single country studies regarding developed or emerging economies; as well as multicountry studies.

Prof. Pascal Nguyen
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • executive gender diversity
  • social performance
  • CSR
  • female managers

Published Papers (2 papers)

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Research

17 pages, 405 KiB  
Article
Board/Executive Gender Diversity and Firm Financial Performance in Canada: The Mediating Role of Environmental, Social, and Governance (ESG) Orientation
by Zeineb Ouni, Jamal Ben Mansour and Sana Arfaoui
Sustainability 2020, 12(20), 8386; https://doi.org/10.3390/su12208386 - 12 Oct 2020
Cited by 27 | Viewed by 7128
Abstract
The objective of this study is to verify the effect of gender diversity on the board of directors (BD) and the executive committee (EC) of participating Canadian firms with regard to the financial performance and the mediating role of environmental, social, and governance [...] Read more.
The objective of this study is to verify the effect of gender diversity on the board of directors (BD) and the executive committee (EC) of participating Canadian firms with regard to the financial performance and the mediating role of environmental, social, and governance (ESG) orientation in this relationship. The study sample was composed of 133 Canadian firms, and the data cover an 18 year timeline (2002–2019), with 925 observations. This paper provides empirical support for the effect that gender diversity in turnover has on the financial performance of firms and explains 53% of its variance. In addition to supporting the beneficial effect of gender diversity on performance, the study reveals the mediating mechanism through the ESG orientation of companies explaining almost 4% of the total effect of gender diversity on performance. By analyzing two levels of diversity, the study revealed the superiority of the effect of gender diversity in BDs as compared to ECs. We discuss the theoretical and empirical implications of the results found, as well as the limitations and future prospects of research on the subject. Full article
(This article belongs to the Special Issue Executive Gender Diversity and Corporate Social Responsibility)
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18 pages, 437 KiB  
Article
The Relationship between Female Top Managers and Corporate Social Responsibility in China: The Moderating Role of the Marketization Level
by Qianwen Lu, Shouming Chen and Peien Chen
Sustainability 2020, 12(18), 7730; https://doi.org/10.3390/su12187730 - 18 Sep 2020
Cited by 11 | Viewed by 3544
Abstract
This study links the gender diversity of the top management team (TMT) to corporate social responsibility (CSR) and examines the moderating role of the marketization level in their relationship. According to the token theory, females are “tokens” and have difficulty playing their roles [...] Read more.
This study links the gender diversity of the top management team (TMT) to corporate social responsibility (CSR) and examines the moderating role of the marketization level in their relationship. According to the token theory, females are “tokens” and have difficulty playing their roles when they are rare in groups, where their presence is used for providing legitimacy. Meanwhile, CSR is implemented to gain legitimacy. Therefore, we predicted that there was a negative relationship between female top managers and CSR, and that the marketization level positively moderated their relationship. The hypotheses were supported by the data from 17,032 manager-year observations of listed companies in China. The results indicated that the female top managers’ presence and CSR performance had the same function of gaining legitimacy. With limited resources, firms added females at the expense of decreasing investment in CSR when under the external pressure of increasing female top managers. Furthermore, this negative relationship was stronger in firms with a less-developed institutional environment because firms with weak institutions have strong incentives to find alternatives to fill the institutional void, which helps to gain access to resources and reduce transaction costs. Full article
(This article belongs to the Special Issue Executive Gender Diversity and Corporate Social Responsibility)
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