From: Board gender diversity and corporate social responsibility
Panel A. | ||||
Explanatory Variable | Explained Variables (social contribution value: scv) | |||
(1) | (2) | (3) | (4) | |
fdd | 0.190** | Â | Â | Â |
(2.28) | Â | Â | Â | |
fdn | Â | 0.147*** | Â | Â |
 | (3.26) |  |  | |
fdr | Â | Â | 0.00702** | Â |
 |  | (2.14) |  | |
fidd | Â | Â | Â | -0.167 |
 |  |  | (-1.49) | |
Controls | included | included | included | included |
constant | included | included | included | included |
Panel B. | ||||
Explanatory Variable | Explained Variables (social returns on assets: sroa) | |||
(1) | (2) | (3) | (4) | |
fdd | 0.142* | Â | Â | Â |
(1.76) | Â | Â | Â | |
fdn | Â | 0.0673 | Â | Â |
 | (1.54) |  |  | |
fdr | Â | Â | -0.000421 | Â |
 |  | (-0.13) |  | |
fidd | Â | Â | Â | 0.711*** |
 |  |  | (6.57) | |
Controls | included | included | included | included |
constant | included | included | included | included |
Panel C. | ||||
Explanatory Variable | Explained Variables (social contribution value per share: scvps) | |||
(1) | (2) | (3) | (4) | |
fdd | 0.261*** | Â | Â | Â |
(4.77) | Â | Â | Â | |
fdn | Â | 0.107*** | Â | Â |
 | (3.65) |  |  | |
fdr | Â | Â | 0.00817*** | Â |
 |  | (3.81) |  | |
fidd | Â | Â | Â | 1.044*** |
 |  |  | (14.19) | |
Controls | included | included | included | included |
constant | included | included | included | included |