Board gender diversity and corporate social responsibility

Chang, Yuan; Wu, Kun-Tsung; Lin, Shu-Hui; Lin, Chia-Jung

doi:10.1186/s40991-024-00095-x

International Journal of Corporate Social Responsibility

Table 2 Summary statistics

From: Board gender diversity and corporate social responsibility

Variable	Panel A. Full samples					Panel B. Samples of firms with fdd =1					Samples of firms with fdd =0					Difference in mean
Variable	Num. of obs.	Mean	Std. Dev.	Min	Max	Num. of obs.	Mean	Std. Dev.	Min	Max	Num. of obs.	Mean	Std. Dev.	Min	Max	Difference in mean
csrdummy	22,260	0.0295	0.1692	0.0000	1.0000	10,675	0.0358	0.1858	0.0000	1.0000	9,226	0.0289	0.1676	0.0000	1.0000	0.0068^***
csrcumu	22,260	0.1921	1.0758	0.0000	14.000	10,675	0.2408	1.2376	0.0000	14.0000	9,226	0.1825	1.0023	0.0000	14.000	0.0583^***
csrcont	22,260	0.0031	0.0560	0.0000	1.0000	10,675	0.0049	0.0696	0.0000	1.0000	9,226	0.0020	0.0441	0.0000	1.0000	0.0029^***
csrovlp	22,260	0.0049	0.0698	0.0000	1.0000	10,675	0.0067	0.0813	0.0000	1.0000	9,226	0.0041	0.0640	0.0000	1.0000	0.0025^**
scv	19,390	10.380	7.5487	-13.478	17.014	9,919	10.524	7.4699	-13.478	17.014	8,461	10.275	7.7319	-13.478	17.014	0.2486^**
sroa	19,390	12.488	12.164	-25.943	49.269	9,919	12.026	11.604	-25.943	49.269	8,461	12.070	11.857	-25.943	49.269	-0.0436
scvps	17,131	4.4248	5.1469	-3.4267	27.536	9,218	4.5429	5.3374	-3.4267	27.536	7,887	4.2928	4.9150	-3.4267	27.536	0.2501^***
fdd	19,901	0.5364	0.4987	0.0000	1.0000	10,675	1.0000	0.0000	1.0000	1.0000	9,226	0.0000	0.0000	0.0000	0.0000	1.0000
fdn	19,901	0.7911	0.9217	0.0000	6.0000	10,675	1.4748	0.7584	1.0000	6.0000	9,226	0.0000	0.0000	0.0000	0.0000	1.4748^***
fdr	19,901	11.024	12.766	0.0000	55.556	10,675	20.552	10.393	5.0000	55.556	9,226	0.0000	0.0000	0.0000	0.0000	20.552^***
fidd	19,901	0.1601	0.3667	0.0000	1.0000	10,675	0.2985	0.4576	0.0000	1.0000	9,226	0.0000	0.0000	0.0000	0.0000	0.2985^***
asset	21,155	15.010	1.4058	11.996	19.479	10,674	15.141	1.3773	11.996	19.479	9,226	15.057	1.3595	11.996	19.479	0.0842^***
debt	21,155	35.987	17.864	2.4870	83.883	10,674	35.952	17.686	2.4870	83.883	9,226	35.494	17.522	2.4870	83.883	0.4578^*
roa	20,833	7.6079	10.303	-27.707	35.870	10,673	7.4062	9.7948	-27.707	35.870	9,225	7.3320	10.315	-27.707	35.870	0.0742
insthold	19,990	38.975	22.706	1.0089	92.171	10,661	39.949	22.779	1.0089	92.171	9,220	37.804	22.544	1.0089	92.171	2.1447^***
family	20,008	0.6192	0.4856	0.0000	1.0000	10,675	0.6606	0.4735	0.0000	1.0000	9,222	0.5719	0.4948	0.0000	1.0000	0.0887^***

This table reports the basic summarize statistics of each variable, including the number of non-missing observations, mean, standard deviation, minimum and maximum of full samples (Panel A), samples of firm with female director (fdd=1) and samples of firm without female director fdd=0. The rightmost column reports the differences in means (and t-statistics) of each variable. The data period is from 2007 to 2020. *, * * and * * * show that the differences in means reach 10%, 5% and 1% significant level, respectively

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