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The effects of female executives on corporate philanthropy in China

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  • Cisheng Wu
  • Hui Guang
  • Jing Xu
  • Sijia Wang

Abstract

This paper investigates the relationship between female executives and corporate philanthropy in China with a sample of 1,944 listed A‐share Chinese companies selected from the Shanghai and Shenzhen security markets from 2014 to 2016. The results show that regarding corporate philanthropic behavior, existing female executives or top managers (chairperson or CEO) who are female will stimulate philanthropy. In the scale of corporate philanthropy, existing female executives have no significant effect on the scale of philanthropy, whereas the proportion of female executives has a promoting effect on the scale of philanthropy. In addition, the nature of the actual controller of corporations and the degree of industry competition influence female executives' tendency to promote corporate philanthropy. Existing female executives in nonstate‐controlled corporations are more likely to promote philanthropy than those in state‐controlled corporations. Existing female executives in corporations facing a normal degree of industry competition promote philanthropy more than those in corporations with a strong or weak degree of industry competition.

Suggested Citation

  • Cisheng Wu & Hui Guang & Jing Xu & Sijia Wang, 2019. "The effects of female executives on corporate philanthropy in China," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(3), pages 628-643, May.
    • Handle: RePEc:wly:corsem:v:26:y:2019:i:3:p:628-643
    DOI: 10.1002/csr.1708
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    Cited by:

    1. Yan Ye & Kongyue Li, 2021. "Impact of family involvement on internal and external corporate social responsibilities: Evidence from Chinese publicly listed firms," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(1), pages 352-365, January.
    2. Wenbin Long & Sihai Li & Huiying Wu & Xianzhong Song, 2020. "Corporate social responsibility and financial performance: The roles of government intervention and market competition," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 525-541, March.
    3. Soonchul Hyun & Jong Min Kim & Jeongsoo Han & Mark Anderson, 2022. "Female executive leadership and corporate social responsibility," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(3), pages 3475-3511, September.
    4. Mariasole Bannò & Emilia Filippi & Sandro Trento, 2023. "Women in top echelon positions and their effects on sustainability: a review, synthesis and future research agenda," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(1), pages 181-251, March.
    5. María del Carmen Valls Martínez & Salvador Cruz Rambaud & Isabel María Parra Oller, 2019. "Gender policies on board of directors and sustainable development," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1539-1553, November.
    6. Ying Zhang & Yuting Guo & Aiman Nurdazym, 2023. "How do female CEOs affect corporate environmental policies?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(1), pages 459-472, January.
    7. Jyun‐Ying Fu, 2023. "Customer concentration and corporate charitable donations: Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(1), pages 545-561, January.

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