A Study of Market Competition and Gender Diversity on the Corporate Board of Directors: Focusing on Women Board Member

2021 ◽  
Vol 34 (4) ◽  
pp. 967-985
Author(s):  
Kyung-Gon Lee
Keyword(s):  
Board Of Directors ◽  
Board Member ◽  
Market Competition ◽  
Gender Diversity ◽  
Corporate Board ◽  
And Gender

scholarly journals Women in Board of Directors and Real Earnings Management: Accretive Share Buyback in Malaysia

2017 ◽  
Vol 9 (2) ◽  
pp. 48
Author(s):  
Abdulsalam Saad Alquhaif ◽  
Rohaida Abdul Latif ◽  
Sitraselvi Chandren
Keyword(s):  
Earnings Management ◽  
Board Of Directors ◽  
Gender Diversity ◽  
Real Earnings Management ◽  
Independent Directors ◽  
Women Directors ◽  
Corporate Board ◽  
Corporate World

Gender diversity of boards and reporting of earnings are two most debated issues in the corporate world. In this context, the paper explores how the presence of women directors on the corporate board influence real earnings management through accretive buyback programs. Using a sample of 601 firms’ observations that engage in accretive share buyback from 2010-2015, the findings reveal that existence of women directors on the board is associated with less engagement in accretive share buyback activities. We further find that firms with a higher number of independent directors are less likely to practice real earnings management through accretive buyback programs. Our paper contributes to the debate on gender diversity on boards and its influence on the utilisation of accretive buyback programs as a tool to real earnings management.

scholarly journals Does board structure drive dividends payout? Evidence from the Sultanate of Oman

2021 ◽  
Vol 18 (4) ◽  
pp. 218-230
Author(s):  
Badar Alshabibi ◽  
Shanmuga Pria ◽  
Khaled Hussainey
Keyword(s):  
Institutional Environment ◽  
Gender Diversity ◽  
Board Structure ◽  
Corporate Board ◽  
Listed Firms ◽  
Board Characteristics ◽  
Oil Crisis ◽  
And Gender ◽  
The Impact ◽  
New Evidence

The study investigates whether corporate board characteristics influence dividends policy in Omani listed firms. It also examines whether this relationship is determined by the recent global oil crisis. Using a sample of 109 listed firms in Muscat Securities Exchange between 2009 and 2019, we find that dividends payout is positively associated with board independence, board activity, and board nationality diversity. Though, no evidence is found that board size and gender diversity have an impact on dividends payout. Interestingly, when controlling for the global oil crisis, none of the corporate board attributes influence dividends payout. This study presents new evidence on the influence of board structure on dividends policy. The findings suggest that the impact of corporate board characteristics on dividends policy is contingent on the surrounding institutional environment (i.e., the recent global oil crisis).

scholarly journals Pengaruh Faktor-Faktor Keuangan dan Board Of Directors Characteristics Terhadap Nilai Perusahaan

2021 ◽  
Vol 13 (2) ◽  
pp. 231-244
Author(s):  
Vergadilian Ivanhu Diedra ◽  
Lidya Agustina
Keyword(s):  
Board Of Directors ◽  
Firm Value ◽  
Linear Regression Analysis ◽  
Gender Diversity ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Positive Influence ◽  
Financial Factors ◽  
Tier System ◽  
And Gender

Abstract The purpose of this study was to examine the financial factors and board of directors characteristics on firm value. This research was conducted to obtain an overview of financial and non-financial factors influencing the value of the company during the Covid- 19 pandemic. The population of this study is Kompas 100 Index companies members for the 2019-2020 period, with a final sample of 72 companies. This study uses secondary data, and multiple linear regression analysis techniques. The results of this study show that Profitability and Board Meetings have a positive influence on firm value, while Company Size, Capital Structure, Board Independence, Board Size, and Gender Diversity have no effect on Firm Value and CEO Duality is only slightly present in Indonesia because Indonesia adheres to a two-tier system.  Keywords: Firm Value, Financial Factors, and Non-financial Factors  

The contribution of board of directors’ roles to ambidextrous innovation

2019 ◽  
Vol 23 (1) ◽  
pp. 40-66 ◽  
Author(s):  
Wajdi Ben Rejeb ◽  
Sarra Berraies ◽  
Dorra Talbi
Keyword(s):  
Board Of Directors ◽  
Gender Diversity ◽  
Least Square Method ◽  
Partial Least Square ◽  
Least Square ◽  
Structured Interviews ◽  
Content Type ◽  
Service Role ◽  
Show Evidence ◽  
And Gender

PurposeThe purpose of this paper is to examine the link between board of directors’ roles namely strategy, service and control roles and ambidextrous innovation. This study also aims to determine whether the independence and gender diversity of boards have mediating effects in this relationship.Design/methodology/approachOn the basis of a quantitative approach, the authors conducted a survey on all Tunisian-listed firms. A partial least square method was used to analyze the quantitative data. The authors also conducted semi-structured interviews with a sample of boards’ members of the surveyed firms followed by a thematic analysis of the discourses to discuss the results.FindingsResults revealed that ambidextrous innovation is negatively linked to board’s control role. The outcomes of this research show also that ambidextrous innovation is positively associated with board’s service role and that the gender diversity moderates positively this link. Findings do not indicate a significant relationship between board’s strategy role and ambidextrous innovation but show evidence that the relationship is negatively moderated by independent directors, while positively moderated by gender diversity.Originality/valueThis research sheds light on the effects of Boards’ roles on ambidextrous innovation and the moderating effect of board’s gender diversity and independence as well. This paper addresses the gap in the literature as this thematic has not been studied, offering key insights with regard to corporate governance of companies looking to achieve ambidextrous innovation.

scholarly journals Gender issues in family business research: A bibliometric scoping review

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Minh-Hoang Nguyen ◽  
Huyen Thanh Thanh Nguyen ◽  
Tam-Tri Le ◽  
Anh-Phuong Luong ◽  
Quan-Hoang Vuong
Keyword(s):  
Family Business ◽  
Gender Diversity ◽  
Gender Issues ◽  
Business Research ◽  
Corporate Board ◽  
Major Research ◽  
Content Type ◽  
The Family ◽  
Challenges And Opportunities ◽  
And Gender

PurposeThe current review aims to examine the growth trajectory, most influential documents, intellectual and conceptual structure of the literature regarding gender issues in family business research.Design/methodology/approachThe bibliometric analysis was performed using 224 documents from 1991 to 2020 extracted from the Web of Science database.FindingsThe review finds that this field's knowledge grew exponentially during the last three decades, mainly after 2003 and the last several years. Based on the co-citation analysis, three major research lines are identified: “Women's challenges and opportunities in the family business”, “Gender diversity in the family business corporate board”, and “Gender and family SMEs management.” The temporal co-word analysis reveals that “Gender diversity in the family business corporate board” is the latest research line.Originality/valueBy reviewing prominent cited references and documents that cited them, the authors provide the landscapes and research gaps of three major research lines for further development.

scholarly journals Board features and financial performance of Nigerian banks

2021 ◽  
Vol 10 (1) ◽  
pp. 11-19
Author(s):  
Abubakar Biu Aliyu ◽  
Onipe Adabenege Yahaya ◽  
Nma Ahmed Mohammed
Keyword(s):  
Financial Performance ◽  
Board Of Directors ◽  
Firm Size ◽  
Board Member ◽  
Independent Directors ◽  
Board Composition ◽  
Board Size ◽  
The Board Of Directors ◽  
And Gender ◽  
Financial Operation

The presence of contradictory theories and unpredictable empirics calls for this paper to survey the outcome of board traits on financial operation of Nigeria banks. Financial performance of a firm is as important as the firm. Yet, very few studies have examined its impact by the board of directors in Nigeria. Data were obtained and perused using descriptive and inferential figures. Findings show that size of board has significant and constructive bearing on business piece. However, board composition takes undesirable significance. Meetings of board and gender failed to show significance. But, board member nationality and firm size show negative and significant effects. We added by exploring impacts of boards on financial performance. We asked firms to increase the size of the board and engage more independent directors and reduce the number of board diligence and size of the firm. The strong plus impact of board size and firm size on financial operations is an interesting result allowing for additional interrogation of why these behaviours.

scholarly journals Mapping the intellectual and conceptual structure of research on gender issues in the family business: A bibliometric review

2020 ◽  
Author(s):  
Quan-Hoang Vuong ◽  
Nguyen Thanh Thanh Huyen ◽  
Thanh-Hang Pham ◽  
Luong Anh Phuong ◽  
Minh-Hoang Nguyen
Keyword(s):  
Family Business ◽  
Gender Diversity ◽  
Gender Issues ◽  
Conceptual Structure ◽  
Corporate Board ◽  
The Family ◽  
Challenges And Opportunities ◽  
Family Smes ◽  
Bibliometric Review ◽  
And Gender

The current review, employing the bibliometric analysis of 224 documents extracted from the Web of Science database, aims to examine the growth trajectory, most influential documents, intellectual and conceptual structure of the literature regarding gender issues in family business research. The review identifies three major research lines: "Women’s challenges and opportunities in the family business", "Gender diversity in the family business corporate board", and "Gender and family SMEs management". By reviewing prominent cited references and documents which cited them in each research line, we provide the landscapes and research gaps of three major lines of research for further development.

Board of directors characteristics and performance in family firms and under the crisis

2018 ◽  
Vol 18 (1) ◽  
pp. 119-142 ◽  
Author(s):  
Elisabete Simões Vieira
Keyword(s):  
Board Of Directors ◽  
Family Firms ◽  
Stock Exchange ◽  
Gender Diversity ◽  
Family Firm ◽  
Family Businesses ◽  
Content Type ◽  
The Board Of Directors ◽  
And Performance ◽  
And Gender

Purpose This paper aims to examine the relationship between board of directors’ characteristics and performance in family businesses. It offers evidence to the question of whether a family firm (FF) differs from a non-family firm and looks at the possibility of asymmetrical effects between periods of stability and economic adversity. Design/methodology/approach A panel data approach was applied to a sample of Portuguese firms listed the on Euronext Lisbon exchange between 2002 and 2013. Findings The results show that FFs are likely to have a lower proportion of independent members and higher gender diversity on their boards than non-family firms. FF performance is positively related to ownership concentration and gender diversity. There are performance premiums for family businesses, which have more gender diversity than their counterparts. These effects also depend on whether the economy is in recession. The evidence suggests that the presence of women on the board and the leverage and size of the FFs have a more significant impact on the performance in periods of economic adversity. Research limitations/implications One limitation of this study is the small size of the sample as it was drawn from the Euronext Lisbon exchange, a small stock exchange market. Originality/value This study provides input into the academic discussion on corporate governance and FF, an area which is in need of research. In addition, the authors examine this issue in conjunction with generalised economic adversity, focusing on the possible asymmetrical effects that the nature of the board of directors may have on performance in periods of stability and those of economic adversity. The role of board of directors is crucial to the understanding of corporate behaviour and the setting of the policy that regulates corporate activities.

scholarly journals Diversity of the Board of Directors and Financial Performance of the Firms

2021 ◽  
Vol 13 (21) ◽  
pp. 11687
Author(s):  
Felipe Arenas-Torres ◽  
Miguel Bustamante-Ubilla ◽  
Roberto Campos-Troncoso
Keyword(s):  
Stock Market ◽  
Financial Performance ◽  
Board Of Directors ◽  
Boards Of Directors ◽  
Gender Diversity ◽  
Gender Quotas ◽  
Governance Practices ◽  
The Board Of Directors ◽  
And Gender ◽  
Nationality Diversity

The diversity of the board of directors continues to be a matter of concern for investors, regulators, and the general public. In this sense, the purpose of the research presented was to identify whether there is a positive and significant impact between the diverse variables of the board of directors and the financial performance of the firms. In this context, the study’s objective was to determine if the diversity in the composition of the boards of directors has a positive and significant impact on the financial performance of the companies listed in the Chilean stock market. The study considered a sample of 1106 reports on social responsibility and sustainable development between the 2015–2020 period and their respective returns. The research was descriptive-correlational, which determined the incidence of gender, nationality, and age diversity in the financial performance of the firms. The results show, in general, a low degree of gender and nationality diversity in Chilean boards. However, a positive and significant impact is observed in the commercial sector, nationality diversity, and the construction and gender diversity axis. In this regard, the study allows confirming the heterogeneity of results by linking the variables of diversity and financial performance and the importance of conducting sufficiently disaggregated studies to understand the relationship between both types of variables. Finally, this study updates the diversity levels of the board of directors for the Chilean stock market and establishes challenges for the regulator in terms of gender quotas and good corporate governance practices.

scholarly journals Board diversity and R & D investment

2016 ◽  
Vol 54 (3) ◽  
Author(s):  
Jeanelle Midavaine ◽  
Wilfred Dolfsma ◽  
Rick Aalbers
Keyword(s):  
Board Of Directors ◽  
Boards Of Directors ◽  
Design Methodology ◽  
Gender Diversity ◽  
Board Diversity ◽  
Type Design ◽  
The Board Of Directors ◽  
And Gender ◽  
D Investment ◽  
Practical Implications

Purpose The purpose of this paper is to investigate the effect of board diversity on the extent to which firms invest in R&D. Design/methodology/approach Based on data collected about the composition of the board of directors, we determine statistically if the characteristics of directors predicts the extent to which firms invest more in R&D. Findings We find, unexpectedly, that tenure diversity lead firms to invest less in R&D, while education diversity and gender diversity makes firms invest more. Gender diversity positively moderates education diversity as well, strengthening the effect found. Research limitations/implications The sample of firms we include in our paper is restricted due to the overwhelming difficulty in collecting data about the composition of boards of directors, and their backgrounds. Practical implications The paper offers insights into how boards of directors might need to be composed in order to try have firms invest more in R&D. Originality/value We include a much larger set of diversity measures than any previously published study, and provide counter-intuitive findings that have implications for practice, society, as well as theory about team composition.

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