Session Type: Paper Session
Program Session: 26 | Submission: 18562 | Sponsor(s): (GDO)
Session Format: In-person Only: Seattle
Scheduled: Friday, Aug 5 2022 8:00AM - 9:30AM PT (UTC-7) at Sheraton Grand Seattle in Chelan
Associations Between Women CEOs and Board Members and Firm CSR  

Session Moderator: Ammar Ali Gull, ESSCA School of Management
GDO: Gender Diversity in the Board Room and Corporate Social Responsibility Decoupling
Author: Ammar Ali Gull, ESSCA School of Management
Author: Nazim Hussain, U. of Groningen
Author: Muhammad Nadeem, U. of Otago
Author: Alaa Zalata, Lecturer in Accounting
Prior research shows that information asymmetry and pressures to elude to stakeholders’ expectations are central to strategic accounts of corporate social responsibility (CSR) decoupling––a practice that has severe socio-economic consequences for firms. Adopting a corporate governance perspective to CSR decoupling, this paper investigates how board gender diversity (BDG) can curb CSR decoupling. Using a battery of sophisticated analyses and robustness tests on 11,835 firm-year observations for the period of 2002-2017, our results confirm that that broadly BGD is significantly and negatively associated with CSR decoupling. Adopting a nuanced view of BGD, we find that this effect is stronger for boards that are balanced, as opposed to skewed and titled boards and that independent women directors are more effective monitors of CSR decoupling, as opposed to executive women directors. Our study offers important theoretical and policy implications for the field of corporate governance and CSR.
Paper is No Longer Available Online: Please contact the author(s).
GDO: Do Female CEOs Promote Behavioral Consistency in Firm’s Nonmarket Strategy?
Author: Marwan Ahmad Alshammari, U. of Texas at Tyler
Author: Hazel Husne Dadanlar, Coastal Carolina U.
Author: Soumendra Banerjee, Misericordia U.
Author: D Harold Doty, U. of Texas at Tyler
ABSTRACT In this study, we explore whether and under what conditions female CEOs engage in behavioral consistency in promoting CSR practices. Specifically, we draw on social role and behavioral consistency theories to argue that female CEO presence will be positively related to CSR consistency. We use two categories to capture the firm’s consistency in CSR practices: inter-domain and temporal consistency. Temporal consistency refers to the consistency of a firm’s behavior towards its stakeholders over time. Inter-domain consistency indicates reliability in a firm’s conduct across its various stakeholder groups. We also argue that the relationship between female CEOs and CSR temporal and inter-domain consistency will be moderated by the board gender diversity. Data from 161 unique firms within the S&P 500 over the 2005-2013 sample period provide support for each of our hypotheses. Keywords: female CEOs, board gender diversity, nonmarket strategies, corporate social responsibility, behavioral consistency
Paper is No Longer Available Online: Please contact the author(s).
GDO: A Sizable Advantage: Environmental and Social Sustainability Implications of Gender Diversity
Author: Philip Yang, U. of Tuebingen
Author: Sarah Diederich, U. of Tuebingen
Author: Jan Riepe, U. of Tuebingen
We study the effect of board gender diversity on environmental and social performance of firms. Our model complements existing literature in the field of corporate governance and sustainability by hypothesizing a direct positive effect of board gender diversity on environmental and social performance. We further argue that this direct effect is moderated by firm size such that the effect of board gender diversity on environmental and social performance is larger for smaller firms. We find evidence for our hypotheses when using board gender quotas as the empirical setting for our identification strategy. Our results of a staggered difference-in-differences approach with 2,981 firm-year observations of 511 firms in eight European countries with mandatory board gender quotas provide tentative evidence of a direct effect of board gender diversity on environmental and social performance. Yet, the moderation effect is positive and highly significant, which suggest that particularly smaller firms are able to improve environmental and social performance though board gender diversity.
Paper is No Longer Available Online: Please contact the author(s).
GDO: Gender Diversity, Institutional Context, and Environmental Innovation: A European Patent Analysis.
Author: Marco Traversi, U. of Brescia
Author: Mariasole Bannò, U. of Brescia
Author: Graziano Coller, U. of Trento
Author: Emilia Filippi, U. of Trento
This paper investigates the role of institutional context as a key driver of the relationship between women's presence on the board of directors (BoD) and environmental innovation. Moving from extant research on critical mass (i.e., at least three women appointed to the BoD), and considering the influence the institutional context exerts on women and their role as directors, we build and test some hypotheses on how a cultural context more/less inclined towards the female figure in a top echelon position can enhance/hinder the contribution made by women to environmental innovation. Specifically, we argue that women on BoD may have a positive impact on environmental innovation only when critical mass is reached and that a favorable institutional context (i.e., low-masculinity) positively contributes to the beneficial influence of female directors on the implementation of environmental innovation. We test and find support for our hypotheses on a sample of 3,316 European firms across three specific environmental innovation categories (i.e., Air, Water, and Waste).
Paper is No Longer Available Online: Please contact the author(s).
KEY TO SYMBOLS Teaching-oriented Teaching-oriented   Practice-oriented Practice-oriented   International-oriented International-oriented   Theme-oriented Theme-oriented   Research-oriented Research-oriented   Teaching-oriented Diversity-oriented
Selected as a Best Paper Selected as a Best Paper