WILL FEMALE PARTICIPATION IN TOP MANAGEMENT TEAMS IMPROVE CORPORATE SOCIAL RESPONSIBILITY EFFICIENCY?
WILL FEMALE PARTICIPATION IN TOP MANAGEMENT TEAMS IMPROVE CORPORATE SOCIAL RESPONSIBILITY EFFICIENCY?

Summary/Abstract: Recently, the management value of female executives has attracted wide attention in the academic circle, and policy promotion of CSR efficiency has become a research topic. However, there are few literatures on the relationship between female executives and CSR efficiency. Therefore, the SBM-Malmquist model is used to measure and analyze CSR efficiency by taking China's listed companies as samples from 2010 to 2019, and the influence of female executives on CSR efficiency is studied based on social role theory, feminist care ethics and affective commitment. The results show that: (1) The proportion of women in the top management team has an "inverted U-shaped" influence on CSR efficiency. (2) Female executives with older age and higher education level have more promoting effect on CSR efficiency. (3) The higher the proportion of female executives with overseas backgrounds and female executives in a social part-time job, the more obvious the improvement of CSR efficiency will be.

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