Abstract

REYES-BASTIDAS, Carolina  and  BRIANO-TURRENT, Guadalupe del Carmen. Women in leadership positions and corporate sustainability: evidence on listed companies from Colombia and Chile. estud.gerenc. [online]. 2018, vol.34, n.149, pp.385-398. ISSN 0123-5923.  https://doi.org/10.18046/j.estger.2018.149.2877.

Based on the stakeholders theory, this study aims to analyze the influence of the gender variable in executive boards and chief executive officer positions on sustainability and corporate social responsibility (CSR) practices adopted by listed companies in Colombia and Chile. A sustainability index is proposed based on the Global Reporting Initiative that integrates the environmental, social and economic dimensions. The results, obtained through a panel data model composed of 491 observations during 2011-2016, show that women’s participation has a positive impact on the economic dimension (profitability and liquidity), while the environmental and social dimensions are decreased when women are in a leading position. It is necessary to promote greater female participation in strategic positions in order to increase their representation in the Latin American context.

Keywords : gender; sustainability; stakeholders theory; Latin America.

        · abstract in Spanish | Portuguese     · text in Spanish     · Spanish ( pdf )