Does gender diversity moderate the relationship between CSR committees and Sustainable Development Goals disclosure? Evidence from Latin American companies
Daniel-Vasconcelos, Victor; Ribeiro, Maisa de Souza; Crisóstomo, Vicente Lima
RAUSP Management Journal
DATA DE PUBLICAÇÃO
Abstract Purpose This study aims to investigate the association between the presence of a corporate social responsibility (CSR) committee and Sustainable Development Goals (SDGs) disclosure, as well as the moderating role of gender diversity in this relation. Design/methodology/approach The sample consists of 897 annual observations from 238 firms from Argentina, Brazil, Chile, Colombia, Mexico and Peru for 2018–2020. The data were collected from the Refinitiv database. The proposed model and hypotheses were tested using the feasible generalized least squares estimation technique with heteroscedasticity and panel-specific AR1 autocorrelation. Findings The results reveal that the presence of CSR committees positively influences the SDGs. Gender diversity positively moderates the relationship between CSR committees and SDGs. Leverage and firm size also positively impact the SDGs. On the other hand, board size and CEO duality negatively affect SDGs disclosure. Research limitations/implications This study extends the scope of stakeholder theory by suggesting that CSR committees and gender diversity enable a better relationship for the firm with its stakeholders. Practical implications The findings support policymakers and managers in improving sustainability disclosure. In addition, the results demonstrate the importance of CSR committees and gender diversity to meet the stakeholders' demands. Social implications This study demonstrates how firms can improve sustainability issues through gender diversity and CSR committees. Originality/value To the best of the authors’ knowledge, this study complements previous literature by being the first to examine the moderating effect of gender diversity on the association between CSR committees and SDGs disclosure in the Latin American context.
- Gender disparities in rural education attainments and agricultural landownership from the perspective of Sustainable Development Goals (SDGs): evidence from 16 Sub-Sahara African countries
- DEMOCRACY, CORRUPTION AND CIVIL LIBERTIES: DOES NATIONAL CONTEXT INFLUENCE CORPORATE CARBON DISCLOSURE?
- Guest editorial: The UN sustainable development goals and management theory and practice
- MOVING TOWARDS THE SUSTAINABLE DEVELOPMENT GOALS: THE UNLEASH INNOVATION LAB EXPERIENCE
- Application and impacts of sustainable development goals in large Brazilian industries