Diverse boards have been seen as providing impetus for initiating change. However, diversity may introduce conflict and impede decision-making, which could hinder the ability of the firm to make strategic change, especially in times when firm performance is low. Integrating threat-rigidity...

In recent years, there has been a growing recognition of the significance of board gender diversity in corporate law and governance. This increased awareness can largely be attributed to the active engagement of social movements and advocacy groups, with the #MeToo movement playing a pivotal...

This paper examines the issue of board diversity and the role of women in the finance industry. Estimation of panel data regressions for a sample of all financial institutions in Canada and the US over the period 2008-2019 identified some qualitative and quantitative factors that allowed the...

This study examines the association between U.S. banks’ corporate board gender and ethnic ownership diversity, focusing on cultural gender norms relating to female leadership positions. Utilizing Federal Deposit Insurance Corporation (FDIC) Call Report and Summary of Deposit (SOD) data for 30...

We examine the link between the genetic diversities of executive board members and bank financial misconduct. The premise is that genetic diversity results in different perspectives, skills, and abilities that impact on the effectiveness of executive board guidance and monitoring, including with...

In recent years, regulators have introduced gender diversity quota laws and dis-closure-based approaches to increase the representation of women on corporate boards. These developments have set off a global discussion about the importance of diversity in the boardroom and what role governments...

We investigate the trends and drivers of racial diversity on U.S. corporate boards. We document that U.S. boards are persistently racially homogenous, but that this is changing. About 10% of directors on the average board during our sample are non-white, however, new director appointments of...