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Foreign investors and corporate social responsibility: evidence from the career advancement of women in Japan

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  • Takanori Tanaka

Abstract

I examine whether foreign investors invest in firms that encourage the career advancement of women by using data from a sample of Japanese firms during the period 2008-2011. First, I find that corporate governance reform and work-life balance practices facilitate the promotion of women to higher positions in firms. Furthermore, I find that foreign investors hold more shares of firms that encourage the career advancement of women. Overall, these results indicate that the career advancement of women, as a part of corporate social responsible activities, benefits foreign investors.

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  • Takanori Tanaka, 2015. "Foreign investors and corporate social responsibility: evidence from the career advancement of women in Japan," Applied Economics, Taylor & Francis Journals, vol. 47(33), pages 3510-3524, July.
    • Handle: RePEc:taf:applec:v:47:y:2015:i:33:p:3510-3524
    DOI: 10.1080/00036846.2015.1016212
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    Cited by:

    1. Gregory Jackson & Julia Bartosch, 2017. "Understanding Corporate Responsibility in Japanese Capitalism: Some Comparative Observations," Working Papers halshs-01680432, HAL.
    2. Kimitaka Nishitani & Akira Kawaguchi, 2022. "Mitigating Gender Inequality in the Workplace: Toward Sustainable Development Through Institutional Changes," Discussion Paper Series DP2022-07, Research Institute for Economics & Business Administration, Kobe University, revised May 2022.

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