Profitability, Corporate Social Responsibility and Gender in Private Healthcare in Spain

Abstract

This study evaluates the impact of the publication of reports on corporate social responsibility, gender in management and geographic location on the profitability of private hospitals in Spain. The analysis was carried out on a sample of 104 hospitals using data from 2015. We find a significant and negative relationship between the issuing of reports on CSR and profitability, as well as a significant and positive relationship between management exercised by women and profitability, however, neither of these relationships are causal. In contrast, there is a causal relationship between being located in the autonomous regions of Madrid and Andalusia and profitability, in the first case it is positive and in the latter negative.