Abstract:

In developing economies, there are still largely unaddressed gaps on the quality of education and information technology alignment compared to the rest of the world. These gaps became more evident due to the Coronavirus recrudescent. For instance, the world bank group puts learning poverty in low-and middle-income countries at 53%, while 80% for the poorest countries. It is envisaged that learning poverty can lead to loss in human capital and weakened economic opportunities in the long run. Also, 35% of the population in developing countries has access to the Internet as against about 80% in advanced economies. Beyond economic responsibility, corporates are also obligated to the society. Socially responsible firms are more valuable to the society, while they outperform their counterparts in business reputation and growth. However, the choice on obligation to the public is largely dependent on upper echelons attributes. The diversity of board members such as gender, personality, experience and education can play a huge role in the areas of spending. The study seeks to assess whether women representation on board is pivotal to corporate social responsibility spending on education and Information Technology. Data on listed financial firms over the period of (2016-2020) is being explored to arrive at a considerable conclusion.

Keywords:

Education, Information communication Technologies, Women, Gender, Corporate Social Responsibility, developing economics.