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, Yifei Zhang, Wei Kang, Ahmed Hassan Ahmed

Research output: Journal article publication › Journal article › Academic research › peer-review

4 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 language	English
Article number	100941
Journal	Emerging Markets Review
Volume	53
DOIs	https://doi.org/10.1016/j.ememar.2022.100941
Publication status	Published - Dec 2022

Keywords

China, donation
Corporate social responsibility
COVID-19
Female analysts

ASJC Scopus subject areas

Business and International Management
Economics and Econometrics

UN SDGs

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

More information

10.1016/j.ememar.2022.100941

http://hdl.handle.net/10397/101739

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

author = "Yang Wang and Yifei Zhang and Wei Kang and Ahmed, {Ahmed Hassan}",

note = "Funding Information: We would like to thank Miss Xin Chen for her excellent research assistance. Dr. Yifei Zhang acknowledges start-up funding support from The Hong Kong Polytechnic University [Project ID: P0036258 ]. Publisher Copyright: {\textcopyright} 2022 The Authors",

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AU - Wang, Yang

AU - Zhang, Yifei

AU - Kang, Wei

AU - Ahmed, Ahmed Hassan

N1 - Funding Information: We would like to thank Miss Xin Chen for her excellent research assistance. Dr. Yifei Zhang acknowledges start-up funding support from The Hong Kong Polytechnic University [Project ID: P0036258 ]. Publisher Copyright: © 2022 The Authors

PY - 2022/12

Y1 - 2022/12

N2 - 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.

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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SN - 1566-0141

VL - 53

JO - Emerging Markets Review

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ER -

Female analysts and COVID-19 corporate donation

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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