Board Gender Diversity, Corporate Social Responsibility Disclosure, and Firm’s Green Innovation Performance: Evidence From China

• Published in: Frontiers in psychology 2022-06, Vol.13, p.892551-892551
• Main Authors: Naveed, Khwaja, Voinea, Cosmina L., Roijakkers, Nadine
• Format: Article
• Language: English
• Subjects: board gender diversity; corporate social responsibility; green innovation; Psychology; role congruence theory; social resilience theory
• ISSN: 1664-1078; 1664-1078
• DOI: 10.3389/fpsyg.2022.892551

The current research investigates the interplay of board gender diversity (BGD), the quality of corporate social responsibility disclosure (CSRD), and the green innovation performance (GIP) of a firm. It examines the moderation effect of the CSRD on the relationship between corporate GIP and BGD. The study inculcates 3,736 firm-year observations of A-share listed Chinese firms from 2010 to 2019. Least square dummy variables method, generalized method of moments, and 2SLS are employed for the analysis of the study. The findings foster an affirmative and significant impact of BGD on corporate GIP in terms of green innovation patents. Moreover, the quality of CSRD is also detected for a significant moderating effect on the relationship between BGD and corporate GIP. The quality of CSRD emerges to be an indicator for social resilience and female role congruence under the purview of the social resilience theory and the role congruence theory, respectively. This research would help managers and policymakers of developing nations in formulating environmental innovation strategies for corporate sustainability.