The effects of female chief executive officers on corporate social responsibility

This study examines the effects of female chief executive officers (CEOs) on corporate social responsibility (CSR). Random‐effects models and Poisson models were used to test female CEOs' effects on overall CSR commitment and the different CSR types. Empirical analyses on 2166 US companies reve...

Full description

Saved in:
Bibliographic Details
Published in:Managerial and decision economics 2021-07, Vol.42 (5), p.1235-1247
Main Authors: Lim, Mi‐Hee, Chung, Jee Yong
Format: Article
Language:English
Subjects:
Chief executive officers
Chief executives
Corporate social responsibility
Females
Social activities
Social aspects
Social responsibility
Women executives
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study examines the effects of female chief executive officers (CEOs) on corporate social responsibility (CSR). Random‐effects models and Poisson models were used to test female CEOs' effects on overall CSR commitment and the different CSR types. Empirical analyses on 2166 US companies revealed that female CEOs had significant effects on CSR. Specifically, the companies led by female CEOs had an active overall CSR participation, but their effects differed by CSR type. Further, when the relative power of the board of directors was high, the positive effects of female CEOs on the social activities of institutional stakeholders were weakened.
ISSN:0143-6570
1099-1468
DOI:10.1002/mde.3304