earticle

영어

The study examines the impact of female CEOs and female managers on corporate social responsibility, using 4763 observations from 732 panel firms in China during 2009 to 2017. The study finds that there is positive relationship between female CEOs, the ratio of female managers in top management teams and the scores of corporate social responsibility, suggesting that female CEOs and female managers promote socially responsible business practices due to their social orientation and communal traits. The study also find that female CEOs have positive effects on socially responsible business practices in state_owned firms while female CEOs have negative ones on them in private_owned firms, suggesting that the differences in strategic orientations between two types of firms influence the perception and behaviors of female CEOs and female managers with regard to socially responsible business practices.