Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)

Abstract

Gender Diversity and Corporate Social Responsibility Nexus: Apanel Analysis of Manufacturing Firms in Nigeria

Author(s): Saidu Musa, Damilola Felix Eluyela, Ademola Onabote, John Nonso Okoye, Esther Edem Sundaya

Gender diversity is a focal issue in modern management of public and non-public enterprises. This study examines the relationship between gender diversity and corporate social responsibility to ascertain whether companies with a higher proportion of women are more socially conscious in their corporate social responsibility activities. Applying panel data method for the period between 2010 and 2019 as well as other econometric analysis such as descriptive analysis, correlation analysis and Hausman test (fixed and random effect model), this study discovered that there is a significant and positive relationship between women on the management board and corporate social responsibility (CSR). This implies that increased presence of women on the board of directors of companies can add economic value to firms in Nigeria.

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