The Effect of Corporate Social Responsibility on Gender Diversity in the Workplace: Econometric Evidence from Japan

Using panel data on corporate social responsibility (CSR) matched with corporate proxy statement data for a large and representative sample of 1,492 publicly traded firms in Japan over 2006–2014, we provide fixed effect estimates on the positive and significant effects on gender diversity of CSR. Su...

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Bibliographic Details
Published inBritish journal of industrial relations Vol. 56; no. 1; pp. 99 - 127
Main Authors Kato, Takao, Kodama, Naomi
Format Journal Article
LanguageEnglish
Published London Blackwell Publishing Ltd 01.03.2018
Subjects
Diversity in the workplace
Econometrics
Gender
Labor relations
Multiculturalism & pluralism
Panel data
Social responsibility
Workplace diversity
Workplaces
Japan
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Summary:Using panel data on corporate social responsibility (CSR) matched with corporate proxy statement data for a large and representative sample of 1,492 publicly traded firms in Japan over 2006–2014, we provide fixed effect estimates on the positive and significant effects on gender diversity of CSR. Such effects are, however, felt only after two to three years. The CSR effects are larger and more significant for firms that adhere more closely to the participatory Japanese management system. Our findings are robust to the inclusion of controls capturing the mediating effects of various work–life balance practices, pointing to the direct impact of CSR on gender diversity.
Bibliography:Takao Kato is at Colgate University and IZA‐Bonn. Naomi Kodama is at the Graduate School of Economics, Hitotsubashi University and Research Institute of Economy, Trade and Industry.
ISSN:0007-1080
1467-8543
DOI:10.1111/bjir.12238