Female Directors, Board Committees and Firm Performance: Time-Series Evidence from Turkey

2019 ◽  
Author(s):  
Melsa Ararat ◽  
B. Burcin Yurtoglu
Keyword(s):  
Time Series ◽  
Firm Performance ◽  
Board Committees ◽  
Performance Time ◽  
Female Directors

scholarly journals Female directors, board committees and firm performance

2018 ◽  
Vol 102 ◽  
pp. 19-38 ◽  
Author(s):  
Colin P. Green ◽  
Swarnodeep Homroy
Keyword(s):  
Firm Performance ◽  
Board Committees ◽  
Female Directors

scholarly journals Female Directors, Board Committees and Firm Performance

2017 ◽  
Author(s):  
Colin P. Green ◽  
Swarnodeep HomRoy
Keyword(s):  
Firm Performance ◽  
Board Committees ◽  
Female Directors

The Role of Board Leadership Structure in Firm Governance

2021 ◽  
Author(s):  
Danuse Bement ◽  
Ryan Krause
Keyword(s):  
Firm Performance ◽  
Independent Director ◽  
Negative Consequences ◽  
Ceo Duality ◽  
Board Chair ◽  
Board Committees ◽  
Board Leadership ◽  
Leadership Structure ◽  
Board Leadership Structure

Boards of directors are governing bodies that reside at the apex of the modern corporation. Boards monitor the behavior of firm management, provide managers access to knowledge, expertise, and external networks, and serve as advisors and sounding boards for the CEO. Board attributes such as board size and independence, director demographics, and firm ownership have all been studied as antecedents of effective board functioning and, ultimately, firm performance. Steady progress has been made toward understanding how boards influence firm outcomes, but several key questions about board leadership structure remain unresolved. Research on board leadership structure encompasses the study of board chairs, lead independent directors, and board committees. Board chair research indicates that when held by competent individuals, this key leadership position has the potential to contribute to efficient board functioning and firm performance. Researchers have found conflicting evidence regarding CEO duality, the practice of the CEO also serving as the board chair. The effect of this phenomenon—once ubiquitous among U.S. boards—ranges widely based on circumstances such as board independence, CEO power, and/or environmental conditions. Progressively, however, potential negative consequences of CEO duality proposed by agency theory appear to be counterbalanced by other governance mechanisms and regulatory changes. A popular mechanism for a compromise between the benefits of CEO duality and independent monitoring is to establish the role of a lead independent director. Although research on this role is in its early stage, results suggest that when implemented properly, the lead independent director can aid board monitoring without adding confusion to a unified chain of command. Board oversight committees, another key board leadership mechanism, improve directors’ access to information, enhance decision-making quality by allowing directors to focus on specialized topics outside of board meetings, and increase the speed of response to critical matters. Future research on the governance roles of boards, leadership configurations, and board committees is likely to explore theories beyond agency and resource dependence, as well as rely less on collecting archival data and more on finding creative ways to access rarely examined board interactions, such as board and committee meetings and executive sessions.

Do Female Directors on Corporate Boards Make a Difference in Family Owned Businesses?

2019 ◽  
Vol 19 (1) ◽  
pp. 85-102 ◽  
Author(s):  
Barbara Sveva Magnanelli ◽  
Luigi Nasta ◽  
Elisa Raoli
Keyword(s):  
Firm Performance ◽  
Family Firms ◽  
Negative Impact ◽  
Gender Diversity ◽  
Family Businesses ◽  
Corporate Boards ◽  
Listed Firms ◽  
Female Directors ◽  
And Performance ◽  
Gender Quota

ABSTRACT This paper investigates how the presence of female directors on corporate boards impacts the performance of family firms. This study enriches the literature on gender diversity on corporate boards and its effects on firm performance by focusing on a country in which family businesses are dominant. The empirical analysis is conducted on a sample of 165 Italian-listed firms from 2011 to 2016, representing the period during which the mandatory gender quota law was introduced and implemented in Italy. The results show a positive relationship between the presence of women on corporate boards and firm performance, specifically in family owned businesses. These findings lead to the conclusion that female directors do not have a negative impact on firm performance. And, given the domination of family businesses and a mandatory gender quota law in Italy, this study makes a regulatory and performance assessment not previously examined in the literature. JEL Classifications: M1; M12; M48; M21.

scholarly journals Board gender diversity and firm performance: evidence from the Russian agri-food industry

2020 ◽  
Vol 23 (1) ◽  
pp. 35-53 ◽  
Author(s):  
Alisher Tleubayev ◽  
Ihtiyor Bobojonov ◽  
Taras Gagalyuk ◽  
Thomas Glauben
Keyword(s):  
Firm Performance ◽  
Large Scale ◽  
Positive Impact ◽  
Critical Mass ◽  
Gender Diversity ◽  
Policy Makers ◽  
Global Food Security ◽  
Female Directors ◽  
Corporate Executives ◽  
Board Gender Diversity

This study provides pioneering empirical evidence on board gender diversity and firm performance relationship for the case of large-scale agri-food companies in Russia. While Russia plays an important role in the global food security, its domestic agri-food production is heavily dependent on large scale producers. Our findings suggest a strong positive link between the percentage of female directors in boardrooms and firm performance. Moreover, in line with critical mass theory, boards with three or more female directors have greater impact on firm performance compared to boards with two or less female directors. Further analysis shows that the presence of female directors in the company has a positive impact on firm performance, mainly due to their executive, rather than monitoring effects. The paper shed light on gender diversity of Russian corporate boardrooms and provides empirical recommendations for policy makers as well as corporate executives in Russia.

Family ownership, board committees and firm performance: evidence from Hong Kong

2012 ◽  
Vol 12 (3) ◽  
pp. 353-366 ◽  
Author(s):  
Tin‐yan Lam ◽  
Shu‐kam Lee
Keyword(s):  
Hong Kong ◽  
Firm Performance ◽  
Family Ownership ◽  
Board Committees

The Effect of Female Directors on Firm Performance: Evidence From the Great Recession

2019 ◽  
Author(s):  
Suwongrat Papangkorn ◽  
Pattanaporn Chatjuthamard ◽  
Pornsit Jiraporn ◽  
Sirisak Chueykamhang
Keyword(s):  
Firm Performance ◽  
Great Recession ◽  
The Great Recession ◽  
Female Directors

scholarly journals Evaluation of Dynamic Uncertainty of Rolling Bearing Vibration Performance

2019 ◽  
Vol 2019 ◽  
pp. 1-17 ◽  
Author(s):  
Liang Ye ◽  
Xintao Xia ◽  
Zhen Chang
Keyword(s):  
Time Series ◽  
Chaos Theory ◽  
Maximum Entropy Method ◽  
Bootstrap Method ◽  
Rolling Bearing ◽  
Entropy Method ◽  
Performance Time ◽  
Dynamic Uncertainty ◽  
Bearing Vibration ◽  
Vibration Performance

The variation trend, failure trajectory, probability distribution, and other information vary with time and working conditions for rolling bearing vibration performance, which makes the evaluation and prediction of the evolution process difficult for the performance reliability. In view of this, the chaos theory, grey bootstrap method, and maximum entropy method were effectively fused to propose a mathematical model for the dynamic uncertainty evaluation of rolling bearing vibration performance. After reconstructing the phase space of the vibration performance time series, four local prediction methods were applied to predict the vibration values of bearings to verify the effectiveness and validity of chaos theory. The estimated true value and estimated interval were calculated using the grey bootstrap method (GBM) and maximum entropy method. Finally, the validity of the proposed model was verified by comparing the probability that the original data fall into the estimated interval with the given confidence level. The experimental results show that the proposed method can effectively predict the variation trend and failure trajectory of the vibration performance time series so as to realize the dynamic monitoring of the evolution process for rolling bearing vibration performance online.

Sign in / Sign up

Export Citation Format

Share Document