Corporate board gender diversity and corporate social responsibility reporting in Malaysia

被引:30
作者
Ahmad, Nurulyasmin Binti Ju [1 ]
Rashid, Afzalur [1 ]
Gow, Jeff [1 ,2 ]
机构
[1] Univ South Queensland, Sch Commerce, West St, Toowoomba, Qld 4350, Australia
[2] Stellenbosch Univ, Dept Agr Econ, Stellenbosch, South Africa
关键词
Corporate social responsibility; board diversity; resource dependence theory; Malaysia;
D O I
10.1080/09718524.2018.1496671
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
This study aims to examine the impact of board gender diversity on Corporate Social Responsibility (CSR) reporting by public listed companies of Bursa Malaysia over the period 2008-2013. Content analysis was used to determine the extent of CSR reporting. A reporting level index consisting of 51 items was developed based on six themes: General, Community, Environment, Human Resources, Marketplace, and Other. An ordinary least square regression was employed to determine the association between both gender diversity and educational background, and CSR reporting. The results reveal that the proportion of female directors and directors' educational background are not associated with CSR reporting levels. The findings are consistent with the critical mass theory which argues that a mass of three or more women can cause a fundamental change in boardroom dynamics. As representation of women on corporate boards in Malaysia is very limited at this moment, regulators and policymakers should be more stringent in monitoring board diversity. On the whole, this study proposes that a well-managed diversity contributes to an effective board, thus serving to safeguard all stakeholders' interests. This study provides new insights and contributes to the literature on the practices of boardroom diversity and corporate social responsibility reporting in the context of a semi-developed country.
引用
收藏
页码:87 / 108
页数:22
相关论文
共 87 条
[51]  
Krippendorff K, 1989, CONTENT ANAL
[52]   The relation between board size and firm performance in firms with a history of poor operating performance [J].
Larmou S. ;
Vafeas N. .
Journal of Management & Governance, 2010, 14 (1) :61-85
[53]   Difference in degrees: CEO characteristics and firm environmental disclosure [J].
Lewis, Ben W. ;
Walls, Judith L. ;
Dowell, Glen W. S. .
STRATEGIC MANAGEMENT JOURNAL, 2014, 35 (05) :712-722
[54]   CFO gender and earnings management: Evidence from China [J].
Liu Y. ;
Wei Z. ;
Xie F. .
Review of Quantitative Finance and Accounting, 2016, 46 (4) :881-905
[55]   Stakeholders' power, corporate characteristics, and social and environmental disclosure: evidence from China [J].
Lu, Yingjun ;
Abeysekera, Indra .
JOURNAL OF CLEANER PRODUCTION, 2014, 64 :426-436
[56]  
Malaysian Code of Corporate Governance, 2007, MAL COD CORP GOV 200
[57]  
Malaysian Code of Corporate Governance, 2012, MAL COD CORP GOV 201
[58]  
Mohamed Adnan S, 2012, THESIS
[59]  
MWFCD, 2014, QUICK FACTS MWFCD
[60]  
Naser K., 2006, ADV INT ACCOUNTING, V19, P1, DOI DOI 10.1016/S0897-3660(06)19001-7