Female analysts and COVID-19 corporate donation

Yang Wang; Yifei Zhang; Wei Kang; Ahmed Hassan Ahmed

doi:10.1016/j.ememar.2022.100941

Female analysts and COVID-19 corporate donation

Yang Wang (Lead / Corresponding author), Yifei Zhang, Wei Kang, Ahmed Hassan Ahmed

Research output: Contribution to journal › Article › peer-review

4 Citations (Scopus)

107 Downloads (Pure)

Abstract

This paper examines the impact of female analysts' coverage on firm's philanthropic activities amidst the outbreak of the COVID-19 pandemic in China. Using a hand-collected dataset of corporate philanthropy, the paper provides robust evidence that firms covered by female analysts are more likely to contribute actively to the well-being of societies by increasing corporate donation. This positive relationship is more pronounced if the company is privately controlled or covered by female analysts with more working experience, or located in more infectious provinces. Overall, our findings call for more female analyst recruitment, yielding benefits of pressuring firms to engage in philanthropy.

Original language	English
Article number	100941
Number of pages	19
Journal	Emerging Markets Review
Volume	53
Early online date	28 Jun 2022
DOIs	https://doi.org/10.1016/j.ememar.2022.100941
Publication status	Published - Dec 2022

Keywords

Female analysts
COVID-19
Corporate social responsibility
China
donation
China, donation

ASJC Scopus subject areas

Economics and Econometrics
Business and International Management

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.ememar.2022.100941Licence: CC BY-NC-ND

Final published versionFinal published version, 629 KBLicence: CC BY-NC-ND

Cite this

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title = "Female analysts and COVID-19 corporate donation",

abstract = "This paper examines the impact of female analysts' coverage on firm's philanthropic activities amidst the outbreak of the COVID-19 pandemic in China. Using a hand-collected dataset of corporate philanthropy, the paper provides robust evidence that firms covered by female analysts are more likely to contribute actively to the well-being of societies by increasing corporate donation. This positive relationship is more pronounced if the company is privately controlled or covered by female analysts with more working experience, or located in more infectious provinces. Overall, our findings call for more female analyst recruitment, yielding benefits of pressuring firms to engage in philanthropy.",

keywords = "Female analysts, COVID-19, Corporate social responsibility, China, donation, China, donation",

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AB - This paper examines the impact of female analysts' coverage on firm's philanthropic activities amidst the outbreak of the COVID-19 pandemic in China. Using a hand-collected dataset of corporate philanthropy, the paper provides robust evidence that firms covered by female analysts are more likely to contribute actively to the well-being of societies by increasing corporate donation. This positive relationship is more pronounced if the company is privately controlled or covered by female analysts with more working experience, or located in more infectious provinces. Overall, our findings call for more female analyst recruitment, yielding benefits of pressuring firms to engage in philanthropy.

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KW - Corporate social responsibility

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Female analysts and COVID-19 corporate donation

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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