Religiosity, female directors, and corporate social responsibility for Italian listed companies

被引:92
|
作者
Harjoto, Maretno Agus [1 ]
Rossi, Fabrizio [2 ]
机构
[1] Pepperdine Univ, Pepperdine Graziadio Business Sch, 24255 Pacific Coast Highway, Malibu, CA 90263 USA
[2] Univ Cassino & Southern Lazio, Dept Elect & Informat Engn, Via G Biasio 43, I-03043 Cassino, FR, Italy
关键词
Religiosity; Papacy; Female board representation; CSR; BOARD DIVERSITY; UPPER ECHELONS; CRITICAL MASS; WOMEN; PERFORMANCE; IMPACT; SUSTAINABILITY; GOVERNANCE; CSR;
D O I
10.1016/j.jbusres.2018.08.013
中图分类号
F [经济];
学科分类号
02 ;
摘要
Italy is strongly associated with the Catholic Social Teaching (CST) that represents the central principles (doctrine) of the Roman Catholic Church. Using the frequency of words in the papal encyclicals and other writings related to religiosity and gender diversity along with regional demographic and socioeconomic characteristics as instrumental variables for local religiosity and female representation on the board, this study finds positive relationships between religiosity and CSR and between the presence of female directors and CSR for 156 Italian listed companies during the 2002-2014 period. This study also finds that both the top managers' (CEOs') personal religiosity and social pressure from local religiosity play significant roles in firms' CSR performance.
引用
收藏
页码:338 / 346
页数:9
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