WOMEN ON BOARD AND CORPORATE SOCIAL RESPONSIBILITY (CSR) SPENDING ON EDUCATION AND INFORMATION COMMUNICATION TECHNOLOGIES (ICT)

Ezenwoke, Omotola and Esan, Oluwatosin and Tion, Williams and Adeyanju, Temiloluwa (2021) WOMEN ON BOARD AND CORPORATE SOCIAL RESPONSIBILITY (CSR) SPENDING ON EDUCATION AND INFORMATION COMMUNICATION TECHNOLOGIES (ICT). In: INTED2021 Conference.

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Abstract

In developing economies, there are still largely unaddressed gaps on the quality of education and information technology alignment compared to the rest of the world. The authenticity of corporate responsibilities to social and economic challenges were more evident due to the Coronavirus recrudescent. The study seeks to assess whether women representation on board is pivotal to corporate social responsibility spending on education and Information Technology prior covid-19. Data on listed financial firms over the period of 2016-2019 was explored. We find significant and positive evidence that board with more than one woman are involved in educational CSR activities than board with no woman. Also, female representation on board has more effects when they are at least three. The effect of women on board is negative and significant when it comes to participation in CSR activities on ICT. Women to directors’ ratio is one to four in a best-case scenario. The representation of women as CEOs is still not balanced. Also, having a female as the CEO do not significantly contribute to CSR spending on education and ICT. Board size is positively and significant to CSR spending on education and ICT. We conclude that greater numeric presence of women on board and not just a scanty representation is fundamental to CSR spending on education.

Item Type:	Conference or Workshop Item (Paper)
Uncontrolled Keywords:	Education, Information communication Technologies, Women, Gender, Corporate Social Responsibility, developing economics. Coronavirus, COVID 19.
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	Mrs Hannah Akinwumi
Date Deposited:	07 Jul 2021 12:44
Last Modified:	07 Jul 2021 12:44
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/15218

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