Female analysts and COVID-19 corporate donation

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

Research output: Journal article publicationJournal articleAcademic researchpeer-review

3 Citations (Scopus)

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 languageEnglish
Article number100941
JournalEmerging Markets Review
Volume53
DOIs
Publication statusPublished - Dec 2022

Keywords

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

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics

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