Dodd, Olga; Frijns, Bart; Gong, Robin Kaiji; Liao, Shushu - In: Financial Review 59 (2023) 1, pp. 89-111
We examine the impact of board cultural diversity, based on directors' ancestry, on firm performance conditional on …‐natural experiment of the U.S. import tariff cuts. The positive impact of board cultural diversity on firm performance in competitive … role. Lastly, we find no evidence that board cultural diversity is associated with enhanced monitoring as its benefits fade …