Sustainable development and the limits of gender policies on corporate boards in Europea comparative analysis between developed and emerging markets

  1. María del Carmen Valls Martínez 1
  2. Pedro Antonio Martín-Cervantes 1
  3. María del Mar Miralles-Quirós 2
  1. 1 Universidad de Almería
    info

    Universidad de Almería

    Almería, España

    ROR https://ror.org/003d3xx08

  2. 2 University of Extremadura,
Revista:
European Research on Management and Business Economics

ISSN: 2444-8834

Año de publicación: 2022

Volumen: 28

Número: 1

Páginas: 41-55

Tipo: Artículo

DOI: 10.1016/J.IEDEEN.2021.100168 DIALNET GOOGLE SCHOLAR

Otras publicaciones en: European Research on Management and Business Economics

Resumen

Sustainable development is a priority to the United Nations. Moreover, investment managers consider envi- ronmental, social and governance score as an important variable in portfolios selection. The fifth goal in the 2030 Agenda is gender equality. Besides, European countries have established gender quotas on corporate boards to reduce the gender gap. Empirical studies about the influence of women directors on the company's corporate social responsibility (CSR) presented mixed results, especially in developing countries. This article compares the influence of gender diversity on corporate boards on CSR performance in developed and emerging European markets. We apply a panel data methodology with fixed effects to examine the compa- nies listed in the MSCI Europe and MSCI EM Europe indices from 2010 to 2019. The results show that gender diversity on the board of directors influences CSR performance positively, and this influence is greater in developed countries. Consequently, legislation should promote gender policies

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Fuente de los datos: Dialnet