“…Consequently, it may lead to enhanced monitoring of managers (Carter et al, ), and the reporting of CSR matters may alleviate agency costs (Hillman & Dalziel, ). According to the gender socialisation theory (sociological, psychological, and cognitive perspectives), female directors are characterised by their sensitiveness, friendliness, and carefulness, attributes that lead them to behave in a cooperative way (Kim, ), in contrast to male leaders, who are very competitive (Eagly & Carli, ). Similarly, Nielsen and Huse () and Matsa and Miller () demonstrate that female leaders are more sensitive and attentive to stakeholders' demands regarding social responsibility issues, and Bear, Rahman, and Post () found that women bring sensitivity towards CSR reporting and participatory decision‐making style to boards.…”