Women on Boards of Directors and Corporate Social Performance: A Meta-Analysis

2016 ◽  
Vol 24 (4) ◽  
pp. 428-442 ◽  
Author(s):  
Kris Byron ◽  
Corinne Post
Keyword(s):  
Boards Of Directors ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Meta Analysis ◽  
Women On Boards ◽  
Corporate Social

Women in the boardroom and corporate social performance: negotiating the double bind

2019 ◽  
Vol 57 (9) ◽  
pp. 2201-2222 ◽  
Author(s):  
Whitney Douglas Fernandez ◽  
Meredith F. Burnett ◽  
Carolina B. Gomez
Keyword(s):  
Corporate Social Performance ◽  
Social Performance ◽  
Women Directors ◽  
Role Congruity Theory ◽  
Content Type ◽  
Role Congruity ◽  
Representation Of Women ◽  
Women On Boards ◽  
Corporate Social ◽  
The Relationship

Purpose The purpose of this paper is to use insights from role congruity theory to explore how organizational context moderates the relationship between the representation of women on boards and corporate social performance (CSP). Design/methodology/approach The hypotheses are tested using a panel of S&P 500 firms observed from 2001 to 2011. The authors utilize the generalized estimating equations technique with Heckman’s two-stage approach to correct for endogeneity. Findings The findings reveal that four firm-level variables – voluntary initiative membership, deviation from prior financial performance, internationalization and product diversification – moderate the relationship between the representation of women on boards and CSP. These findings suggest that women directors have the ability to prioritize and advocate for social issues in the boardroom to a greater extent when firms provide a context that values their communal orientation. In contrast, the relationship between women directors and CSP weakens when the context encourages a focus on the bottom line. Originality/value This study reconciles mixed findings from previous research and contributes to a better understanding of the relationship between women directors and social performance by providing a theory-driven perspective of the circumstances under which women directors have a stronger or weaker impact on CSP. The authors extend role congruity theory by integrating contextual factors that may either diminish or amplify the effects of the expected directors’ gender roles on their behavior and decision making.

Corporate social performance in family firms: a meta-analysis

2018 ◽  
Vol 8 (3) ◽  
pp. 235-273 ◽  
Author(s):  
Sergio Canavati
Keyword(s):  
Family Firms ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Meta Analysis ◽  
Empirical Studies ◽  
Content Type ◽  
The Family ◽  
Corporate Social ◽  
The Relationship

Purpose Empirical studies provide conflicting conclusions regarding the corporate social performance (CSP) of family firms. The purpose of this paper is to synthesize the existing empirical evidence and examine the potential role of research design and contextual factors. Design/methodology/approach A meta-analysis of existing empirical studies was performed to examine the role of sampling, measurement and contextual factors in explaining the different and often conflicting results of empirical studies in the family business literature. Findings The overall relationship between family firms and CSP is positive. The relationship between family firms and CSP is positive for private family firms but is negative for public family firms. The relationship between family firms and CSP is positive when family involvement includes both family ownership and management as opposed to only family ownership or family management. Private family firms care more and public family firms care less about the community, environment, and employees than private and public nonfamily firms. The relationship between family firms and CSP is stronger in institutional environments with weak labor and corporate governance regulatory frameworks. Research limitations/implications The operationalization of both the family firm and CSP constructs significantly predicts the magnitude and direction of the relationship between family firms and CSP. Practical implications Family firms should become more skilled at measuring and disseminating information about the firm’s CSP. Family firms should work to improve public perceptions about the CSP of family firms. Social implications Policy should encourage family firms to remain privately owned by the family. Policy should also incentivize the involvement of family owners in the management of family firms. Originality/value Although several literature reviews address the relationship between family firms and CSP, this is the first review to use the meta-analysis method. The authors contribute to the family business literature by analyzing how differences in study-, firm- and country-level factors can explain some of the variance in the results of the studies in the literature.

Corporate Social Performance and Investment Decision

2017 ◽  
Vol 18 (1) ◽  
pp. 9-44
Author(s):  
Doocheol Moon ◽  
Seungwha Chung ◽  
Hyunjung Choi
Keyword(s):  
Corporate Social Performance ◽  
Social Performance ◽  
Investment Decision ◽  
Corporate Social

A Special-Purpose Taxonomy of Corporate Social Performance Concepts

2001 ◽  
Vol 1 (1) ◽  
pp. 42-72 ◽  
Author(s):  
Brett A. Stone
Keyword(s):  
Mutual Fund ◽  
Corporate Social Performance ◽  
Social Issues ◽  
Social Performance ◽  
Socially Responsible ◽  
Fund Managers ◽  
Responsible Investing ◽  
Research Areas ◽  
Socially Responsible Mutual Funds ◽  
Corporate Social

The first iteration of a nonstatic special-purpose taxonomy of corporate social performance concepts is developed from a mailed, self-administered survey completed by managers of U.S. socially responsible mutual funds. The study combines the traditionally disparate research areas of Corporate Social Performance and Socially Responsible Investing. As a partial update of Rockness and Williams (1988), a descriptive account is presented of what mutual fund managers regard as the social issues that constitute corporate social performance. The resulting taxonomy represents an empirically derived framework useful in considering social accounting in general and accounting standard setting in particular.

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