Engendering Pro-Sustainable Performance Through a Multi-Layered Gender Diversity Criterion: Evidence From the Hospitality and Tourism Sector
研究了全球酒店与旅游企业中多层次性别多样性机制如何影响企业参与亲可持续绩效，发现董事会和次级董事会中的女性更倾向于采用参与式领导风格，关注利益相关者并推动可持续发展战略。
This study seeks to examine the influence of multi-layered gender diversity mechanisms on firms’ decision to engage in pro-sustainable performance in the context of Hospitality and Tourism (H&T) firms worldwide. Using Powell’s Panel Quantile Regression (PQR) model, this paper finds that females on boards and sub-boards tend to display a more communal, participative, and democratic leadership style, demonstrating greater responsibilities toward stakeholders’ concerns and engaging with sustainability strategies to make a positive contribution to society. Our findings also reaffirm that women on the boards of H&T firms are more community-oriented and philanthropically driven than women in senior management positions who can be perceived as being profit-oriented rather than stakeholder-oriented as managers. Our results offer implications for policymakers and practitioners, and we suggest several avenues for future studies that could build upon our research.