Social commitment leads to good relationships between companies and its stakeholders, and it is the board of directors’ responsibility to ensure that companies fulfill their commitment to the communities and society of which they are a member. In a study published in Corporate Social Responsibility and Environmental Management, researchers who analyzed the boards of directors of publicly listed US firms found that board gender diversity is positively associated with firms’ social commitment to human rights, product responsibility, and their community and workforce.
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Source: Phys.org