Reference : Board gender diversity and corporate social performance: Is there really a link?
Scientific congresses, symposiums and conference proceedings : Unpublished conference
Business & economic sciences : General management & organizational theory
Entrepreneurship and Innovation / Audit
Board gender diversity and corporate social performance: Is there really a link?
Derouiche, Imen mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Boubaker, Sabri [Champagne School of Management (Groupe ESC Troyes), Troyes - France]
Dang, Rey [ICN Business School – CEREFIGE (University of Lorraine) Nancy-Metz - France]
Tuyen Lê, Nhu [Grenoble École de Management, Grenoble - France]
8th International Research Meeting in Business and Management (IRMBAM-2017)
05-06 July 2017
[en] board gender diversity ; corporate social performance; stakeholder theory; corpo-rate social performance ; board of directors
[en] Our study aims to see whether and how board gender diversity (BGD) may influence the corporate social performance (CSP). Theoretically, we rely on the stakeholders’ theory. From an empirical standpoint, we employ a dynamic panel system GMM (generalized moments method) estimator to estimate a dynamic model of CSP. Our study is carried out on a sample of 101 listed firms on Euronext Paris that made up the SBF Index 250 over the 2006-2010 (be-fore the enactment of the Copé-Zimmermann on gender quota on boards). We find that board gender diversity significantly impacts CSP. Furthermore, a critical mass of female directors is significantly and positively correlated with CSP. The effect is economically significant. Finally, we take into account French specificities by examining the influence of family firms. We found that family firms contribute to the role of female directors regarding CSR activities, especially there is a critical mass of female directors in these firms.

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