To What Extent Do Gender Diverse Boards Enhance Corporate Social Performance?

The inconclusiveness of previous research on the association between gender diverse boards (GDB) and corporate social performance (CSP) has led us to revisit the question in light of stakeholder management and institutional theories. Given that corporate social responsibility (CSR) is a multidimensi...

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Bibliographic Details
Authors: Francoeur, Claude (Author) ; Labelle, Réal (Author) ; Balti, Souha (Author) ; EL Bouzaidi, Saloua (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2019
In: Journal of business ethics
Year: 2019, Volume: 155, Issue: 2, Pages: 343-357
Further subjects:B Corporate social responsibility
B Corporate Social Performance
B Institutions
B Stakeholder power
B Gender diverse boards
Online Access: Volltext (lizenzpflichtig)
Description
Summary:The inconclusiveness of previous research on the association between gender diverse boards (GDB) and corporate social performance (CSP) has led us to revisit the question in light of stakeholder management and institutional theories. Given that corporate social responsibility (CSR) is a multidimensional concept, we test the influence of GDB on various groups of stakeholders. By considering the interaction between stakeholders’ power and directors’ personal motivations toward the prioritization of stakeholders’ claims, we find that GDB are positively related to CSR dimensions that are related to less powerful stakeholders such as the environment, contractors, and the community. However, GDB do not appear to have a significant impact on CSR dimensions that are associated with stakeholders who benefit from more institutionalized power, such as employees and customers.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-017-3529-z