Effect of Diversity in the Board of Directors and Top Management Team on Corporate Social Responsibility

Prudêncio, Priscila de Azevedo; Forte, Hyane Correia; Crisóstomo, Vicente Lima; Vasconcelos, Alessandra Carvalho de

doi:10.15728/bbr.2021.18.2.1

Cited by 23 publications

(42 citation statements)

References 2 publications

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“…Reasoning that sound corporate governance is a strategic goal of top management and corporate social responsibility (CSR) is part of a firm's business strategy and relevant to board performance, women's presence on boards was found to have a positive influence on social responsibility compliance (Prudêncio et al, 2021) and CSR disclosure (Ramon-Llorens et al, 2021). Ramon-Llorens, et al studied firms listed in the Spanish stock market and found that presence of women directors increased CSR transparency, but women directors with political or social connections did not have the same impact.…”

Section: Impact and Outcomes Of Women's Presence On Boardsmentioning

confidence: 99%

Women’s Presence on Corporate Boards: Addressing Director Selection, Participation, and Gender Bias

Young

2022

Journal of Behavioral and Applied Management

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Gender diversity of corporate boards is gaining attention as a global issue, but women’s presence on boards remains low despite increased numbers of qualified women. Most research compares gender diversity of boards and firm performance or corporate social responsibility compliance and reporting, ethics compliance, or other decisions impacting firm risk and success. Despite positive outcomes associated with gender diverse boards, few women directors are appointed, and progress is slow. Quotas and incentives have been considered and implemented in several countries to develop board gender diversity, but without enforced quotas, minimal change is seen. When women are appointed, they are often not present in sufficient number to impact board gender diversity. A direct focus on gender bias in director selection and board member participation is needed to provide a deeper understanding of women’s presence on boards.

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Section: Impact and Outcomes Of Women's Presence On Boardsmentioning

confidence: 99%

Women’s Presence on Corporate Boards: Addressing Director Selection, Participation, and Gender Bias

Young

2022

Journal of Behavioral and Applied Management

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“…Instead, some studies find that the presence of women on the top management team does not affect sustainability practices (e.g. Prudêncio et al, 2021), both regarding sustainability as a whole or each of its dimensions (economic, social and environmental) (Martínez León et al, 2011). More in detail, Courrent et al (2016) show how manager characteristics like gender, age, experience, and training do not influence a firm's pursuit of social activities, while their personal values (measured using ethics and local territorial belonging) do influence these activities.…”

Section: Sustainable Strategy and Activitiesmentioning

confidence: 99%

“…The analysis revealed that generally the presence of women, whatever position they hold in the firm, is associated with a greater engagement in social and environmental projects (e.g. Činčalová & Hedija, 2020;Galbreath, 2016;Prudêncio et al, 2021), positively influences their performance (e.g. Deschênes et al, 2015;Jouber, 2021), increases the level and the quality of their disclosure (e.g.…”

Section: Managerial and Policy Implicationsmentioning

confidence: 99%

Women in top echelon positions and their effects on sustainability: a review, synthesis and future research agenda

2021

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This article aims to review and systematize prior works that investigate how the presence of women in top echelon positions of firms affects sustainability and to create an agenda to guide future research in this promising area. In contrast to previous reviews, ours examines how women in top echelon positions affect sustainability by distinguishing both the position women held in the firm (i.e. Board of Directors—BoD, top management team, CEO and relevant committees) and the specific elements of sustainability (i.e. activity, performance, and disclosure). Our structured systematic review resulted in 187 publications retrieved from Web of Science and Scopus and revealed that the presence of women in top echelon positions is associated with greater engagement in social and environmental projects. Their presence also positively influences the environmental and social performance and increases the level, quality, and transparency of sustainability disclosure. Furthermore, the presence of women in top echelon positions and the implementation of sustainable activities improve both the firm financial performance and value. However, conflicting results have also emerged. On the basis of these findings, research gaps and future research agenda are identified and presented.

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“…Nesse panorama, a literatura vem investigando a inserção de mulheres nesses conselhos (Sun & Zhang, 2021). Entretanto, têm prevalecido esforços de pesquisa com ênfase nos aspectos internos das empresas, ao lançar luz no estilo de liderança das mulheres ou em suas intrínsecas características comportamentais, observando quais seriam os impactos de tais atributos no processo decisório dos conselhos de administração e, por conseguinte, na performance das companhias (Prudêncio, Forte, Crisóstomo, & Vasconcelos, 2021;Shi, Yiu, Ricafrente, Unite, & Sullivan, 2021;Zuchi, Brugni, Nossa, & Beiruth, 2021).…”

Section: Introductionunclassified

Qual a Posição Das Mulheres Na Rede De Board Interlocking Do Brasil? Uma Análise Para O Período De 1997 a 2015

Barros

Kirschbaum

2023

Rev. adm. empres.

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RESUMO Até bem recentemente, os conselhos de administração das empresas apresentavam forte predominância masculina, imperando resultados controversos quanto à inserção das mulheres nesses órgãos. Em face disso, esta pesquisa teve como objetivo investigar a evolução da participação feminina nos conselhos de administração das empresas brasileiras listadas na B3 e a posição dessas conselheiras na rede corporativa de board interlocking, entre 1997 e 2015. Para entender esse fenômeno, foi adotada a metodologia Análise de Redes Sociais (ARS) e diversos indicadores foram calculados. Os resultados indicam que as mulheres aumentaram sua participação na alta administração do ambiente corporativo brasileiro e começam a integrar os conselhos de administração, cenário ainda distante da realidade observada em países desenvolvidos. No entanto, quando foram analisados os membros conectados na rede corporativa, concluímos que as mulheres alcançam alta proximidade, uma vez que têm alto grau de centralidade na rede, mas também carecem de potencial de intermediação. Tais resultados sinalizam a necessidade de aumentar a diversidade de gênero no alto escalão das empresas, o que poderia elevar a qualidade do debate nos conselhos de administração e melhorar os níveis de governança corporativa.

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Effect of Diversity in the Board of Directors and Top Management Team on Corporate Social Responsibility

Cited by 23 publications

References 2 publications

Women’s Presence on Corporate Boards: Addressing Director Selection, Participation, and Gender Bias

Women’s Presence on Corporate Boards: Addressing Director Selection, Participation, and Gender Bias

Women in top echelon positions and their effects on sustainability: a review, synthesis and future research agenda

Qual a Posição Das Mulheres Na Rede De Board Interlocking Do Brasil? Uma Análise Para O Período De 1997 a 2015

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