Who Saves Our World? The Impact of Executives’ Gender on Corporate Social and Ecological Investments

60 Pages Posted: 6 Apr 2020 Last revised: 23 Mar 2021

See all articles by Jochen Theis

Jochen Theis

University of Southern Denmark

Marvin Nipper

University of Duisburg-Essen - Mercator School of Management

Date Written: March 1, 2021

Abstract

Archival research suggests that female executives have an impact on corporate decision-making and generally finds positive associations between female board representation and Corporate Social Responsibility (CSR) performance. However, archival research does not reveal why female executives decide differently in the context of CSR. As this is our starting point, we conduct an experiment and examine executives’ decision-making in terms of CSR investment. While female executives seem to be more oriented towards social and ecological practices, we find strong evidence that participants’ real-world incentive program mainly drives their CSR decision-making. We also examine if selected gender-specific character traits cause gender differences in executives’ CSR decision-making. Our study contributes to the literature on executives’ decision-making and to the CSR literature.

Keywords: Corporate Social Responsibility, Executives’ Decision Making, Gender

JEL Classification: M12, M14, M41

Suggested Citation

Theis, Jochen and Nipper, Marvin, Who Saves Our World? The Impact of Executives’ Gender on Corporate Social and Ecological Investments (March 1, 2021). Available at SSRN: https://ssrn.com/abstract=3505969 or http://dx.doi.org/10.2139/ssrn.3505969

Jochen Theis

University of Southern Denmark

Universitetsparken 1
DK-6000 Kolding, 6000
Denmark

Marvin Nipper (Contact Author)

University of Duisburg-Essen - Mercator School of Management ( email )

Lotharstraße 65
Duisburg, Nordrhein-Westfalen 47057
Germany
00492033792643 (Phone)

HOME PAGE: http://www.uni-due.de/rwpc

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