Title: Influences of gender diversity on the implications of CSR and financial performance: an Indian perspective

Authors: Som Nath Paul; Rajesh Kumar Upadhyay; Ashima Garg

Addresses: School of Management, Graphic Era Hill University, Dehradun, Uttrakhand, India ' COER University, Roorkee, India ' School of Management, Core School of Management, Rurkee, Uttrakhand, India

Abstract: The present research analysed women's participation as presidents of the board (BOD) or members of the board of directors and their impact on the adoption of CSR practices in their environmental, social, and economic dimensions in listed companies of India. The results show that India has a higher participation of women in BOD positions and as members of the board of directors, although they are still a minority in the country. Regarding the adoption of CSR practices, India shows better performance in environmental dimensions and social, while India obtains a higher financial performance in profitability, liquidity and international presence. When analysing the relationship between women's participation in the board of directors and the adoption of CSR practices, the empirical results show that a greater diversity of gender and more participation of women on the board, the better the profitability, and environmental and social performance of the corporate.

Keywords: corporate social responsibility; CSR; ROI; CSR implication; gender diversity; econometric model.

DOI: 10.1504/IJBEX.2025.146056

International Journal of Business Excellence, 2025 Vol.36 No.1, pp.133 - 147

Received: 20 Nov 2020
Accepted: 11 Jul 2021
Published online: 06 May 2025 *

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