Gender Diversity Influences On Csr Implication And Financial Performance: An Analytical Study Of Indian Companies

Abstract

The present research analyzed the women participation as presidents of the board (BOD) or members of the board of directors and their impact on the adoption of CSR practices in their environmental, social and economic dimensions in listed companies of India. The results show that India has higher participation of women in BOD positions and as members of the board of directors, although they are still a minority in the country. Regarding the adoption of CSR practices, India shows better performance in environmental dimensions and social, while India obtains a higher financial performance in profitability, liquidity and international presence.When analyzing the relationship between women participation in the board of directors and the adoption of CSR practices, the empirical results show that the greater the diversity gender issues on the board, profitability and environmental and social performance of the company are increasing.