Does boardroom gender diversity drive CSR engagement?
05/25/2023
Recent research from a team of international researchers has shown that a higher representation of female directors on a company’s board leads to an improved engagement in its socially responsible activities.
Many countries have introduced either legislation, governance codes or guidelines (outlining standards and practices) to encourage greater female representation in company boardrooms. Certain reforms set specific gender quota requirements (e.g., 40 % in Norway) which seek to force or at least pressure companies to hire more female directors.
Professor Tinghua DUAN from IÉSEG and his *coauthors Rong DING, Wenxuan HOU, Xianda LIU and Ziwei XU, recently studied the introduction of such reforms and their impact on the corporate social responsibility performance of more than 6,000 companies in over 60 countries.
