Does the participation of female directors enhance corporate social responsibility and risk taking?

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-06-14 DOI:10.1016/j.frl.2025.107767

Liuqing Li, Jiani Kang

引用次数: 0

Abstract

This paper investigates the impact of female board directors on corporate social responsibility and risk-taking behavior using A-share listed companies as the research sample. The results show that the participation of female directors contributes to the fulfillment of corporate social responsibility and an increase in risk-taking levels. Specifically, enhancing corporate transparency is the pathway through which female directors improve corporate social responsibility, while their influence on risk-taking behavior strengthens as financial stability improves. Finally, the study conducts a heterogeneity analysis, revealing that the development environment faced by a company leads to variations in the role of female directors.

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女性董事的参与是否增强了企业的社会责任和风险承担能力？

本文以a股上市公司为研究样本，考察女性董事对企业社会责任和风险承担行为的影响。研究结果表明，女性董事的参与有助于企业社会责任的履行和风险承担水平的提高。具体而言，提高公司透明度是女性董事提高企业社会责任的途径，随着金融稳定性的提高，女性董事对风险承担行为的影响也会增强。最后，本研究进行了异质性分析，发现公司所面临的发展环境导致了女性董事角色的差异。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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