Social Trust and Female Board Representation: Evidence from China

被引:0
作者
Baoyin Qiu
Haohan Ren
Jingjing Zuo
Bo Cheng
机构
[1] Hangzhou Dianzi University,School of Accounting
[2] Fudan University,School of Management
[3] University of International Business and Economics,Business School
[4] Nanjing Audit University,School of Accountancy
来源
Journal of Business Ethics | 2023年 / 188卷
关键词
Social trust; Female directors; Gender discrimination; ESG ratings;
D O I
暂无
中图分类号
学科分类号
摘要
The underrepresentation of females on corporate boards is an important ethical issue that raises serious concerns about gender equality in senior management teams. Relying on a large sample of public firms from the Chinese market, we examine how social trust affects female board representation. We find that female board representation has a positive and significant relation with social trust. The effect is more pronounced in regions with a higher male-to-female sex ratio at birth, lower levels of education, lower GDP per capita, and in nonfamily firms. We also find that higher social trust is more likely to increase the number of non-independent female directors rather than independent ones. Further analyses show that increased female board representation is an important channel through which social trust improves corporate ESG ratings. Overall, our study suggests that social trust contributes positively to gender diversity in corporate management.
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页码:187 / 204
页数:17
相关论文
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