The current study investigates the impact of board gender diversity (BGD) on family firms’ (FFs) engagement in corporate environmental responsibility (CER) practices. The role of BGD in CER policies has been explored in light of the critical mass theory by identifying the threshold of women share on board that can influence the environmental commitment of FFs. By employing a fixed-effect (FE) regression analysis on a global sample of 171 FFs, over the 2015–2020 study period, our find- ings show that when BGD reaches a certain threshold, i.e. critical mass, the CER engagement of FFs increases. This evidence advance prior literature on the link be- tween BGD and CER while providing additional indications for managers, policy makers and FFs seeking the best CER performance.
Board gender diversity and family firms’ corporate environmental responsibility: does" critical mass" matter?
Coscia, Maria
2023-01-01
Abstract
The current study investigates the impact of board gender diversity (BGD) on family firms’ (FFs) engagement in corporate environmental responsibility (CER) practices. The role of BGD in CER policies has been explored in light of the critical mass theory by identifying the threshold of women share on board that can influence the environmental commitment of FFs. By employing a fixed-effect (FE) regression analysis on a global sample of 171 FFs, over the 2015–2020 study period, our find- ings show that when BGD reaches a certain threshold, i.e. critical mass, the CER engagement of FFs increases. This evidence advance prior literature on the link be- tween BGD and CER while providing additional indications for managers, policy makers and FFs seeking the best CER performance.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
