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Female directors and gender issues reporting: The impact of stakeholder engagement at country level
Author(s) -
GarcíaSánchez IsabelMaría,
Oliveira Marcelle Colares,
MartínezFerrero Jennifer
Publication year - 2019
Publication title -
corporate social responsibility and environmental management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.519
H-Index - 73
eISSN - 1535-3966
pISSN - 1535-3958
DOI - 10.1002/csr.1811
Subject(s) - gender diversity , stakeholder , business , corporate social responsibility , diversity (politics) , accounting , stakeholder engagement , turnover , logit , stakeholder theory , sample (material) , panel data , corporate governance , public relations , demographic economics , political science , economics , management , finance , chemistry , chromatography , law , econometrics
Recent studies have investigated how women on boards impact corporate social responsibility reporting, a voluntary strategy clearly influenced by board composition in general and gender diversity in particular. However, this research goes further and proposes to provide evidence about how female directors influence gender issues reporting. Moreover, this research also examines the moderating effect between gender diversity on boards and country‐level factors related to stakeholder orientation. For an international sample of 8,609 firm‐year observations from 2007 to 2016 and by regressing several logit models for panel data, it was found that female directors increase the probability of voluntary reporting on gender issues. Moreover, the findings also suggest that institutional forces related to stakeholder pressures reinforce this effect; the greater reporting on gender issues that female directors achieve is even higher when firms are located in stakeholder‐oriented countries.