Main estimates of the association between logics and female board members
| Female board members (WOB) | ||
|---|---|---|
| Variable | (1) | (2) |
| CSR | 0.16*** (0.04) | 0.10*** (0.03) |
| CONS | −0.09*** (0.03) | −0.03 (0.03) |
| Year | 0.15*** (0.01) | 0.15*** (0.01) |
| Observations | 739 | 739 |
| Controls | Yes | No |
| Firm-fixed effects | No | Yes |
| R-squared | 0.62 | n/a |
| Number of org. | 71 | |
| Female board members ( | ||
|---|---|---|
| Variable | (1) | (2) |
| 0.16 | 0.10 | |
| −0.09 | −0.03 (0.03) | |
| Year | 0.15 | 0.15 |
| Observations | 739 | 739 |
| Controls | Yes | No |
| Firm-fixed effects | No | Yes |
| 0.62 | n/a | |
| Number of org. | 71 | |
Standard errors in parentheses. Columns (1) and (2) present the estimates derived from equations (1) and (2), respectively. Equation (1) incorporates control variables such as board size and industry. Equation (2) reports firm-fixed effects estimates using Driscoll and Kraay robust standard errors (1998). R-squared statistics are not reported, as they are not computed under this estimation procedure. *** p < 0.01
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