Does female participation in strategic decision?making roles matter for corporate social responsibility performance?

We examine the association between female participation in strategic decision-making roles and corporate social responsibility (CSR) performance using a sample of United States firms from 2001 to 2018. Female is measured using: (i) presence different positions on board directors, such as member, independent chairperson audit committee member; (ii) top management roles, chief executive officer (CEO) financial (CFO). find that positively associated with CSR performance. In investigating ‘tokenism’ aspect board, our results contradict argument for appointing females boards, instead supporting their real influence These findings are important regulators, policy makers, company other stakeholders an interest how increased influences