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The effects of female executives on corporate philanthropy in China

机译：女性高管对中国企业慈善事业的影响

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摘要

This paper investigates the relationship between female executives and corporate philanthropy in China with a sample of 1,944 listed A-share Chinese companies selected from the Shanghai and Shenzhen security markets from 2014 to 2016. The results show that regarding corporate philanthropic behavior, existing female executives or top managers (chairperson or CEO) who are female will stimulate philanthropy. In the scale of corporate philanthropy, existing female executives have no significant effect on the scale of philanthropy, whereas the proportion of female executives has a promoting effect on the scale of philanthropy. In addition, the nature of the actual controller of corporations and the degree of industry competition influence female executives' tendency to promote corporate philanthropy. Existing female executives in nonstate-controlled corporations are more likely to promote philanthropy than those in state-controlled corporations. Existing female executives in corporations facing a normal degree of industry competition promote philanthropy more than those in corporations with a strong or weak degree of industry competition.
机译：本文以2014年至2016年从上海和深圳证券市场中选出的1,944家A股上市中国公司为样本，调查了中国女性高管与企业慈善行为之间的关系。结果表明，就企业慈善行为而言，现​​有女性高管或女性的高层管理人员（主席或首席执行官）将激发慈善事业。在公司慈善规模上，现有的女性高管对慈善规模没有显着影响，而女性高管的比例对慈善规模具有促进作用。此外，公司实际控制人的性质和行业竞争程度会影响女性高管促进公司慈善的趋势。非国有控股公司中的现有女性高管比国有控股公司中的女性高管更可能促进慈善事业。面对行业竞争程度正常的公司中，现有的女性高管比那些行业竞争程度高或弱的公司中的女性，对慈善事业的促进更大。

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