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The study examines the relation between the nationality and educational background diversity of directors serving on corporate boards and the firms' corporate social responsibility (CSR). We measures nationality diversity by directors' national citizenship and educational background diversity by...
Persistent link: https://www.econbiz.de/10012910907
The lack of diversity across gender and race of corporate boards has been one of the most significant issues in corporate board governance in recent years. Given the critical role that shareholders have in approving director appointments, we analyze voting patterns in director elections to...
Persistent link: https://www.econbiz.de/10012504210
We examine the impact of cultural diversity in corporate boards on a firm's corporate social performance. Using a novel approach to identify a director's cultural roots based on ancestry, we estimate the degree of cultural diversity at the board level. We find that board cultural diversity is...
Persistent link: https://www.econbiz.de/10012870369
We study the relationship between gender diversity on boards and corporate social irresponsibility (CSI). We hypothesize a bi-directional causality. Firms exposed to CSI incidents are likely to increase their board gender diversity for reputational purposes. At the same time, board gender...
Persistent link: https://www.econbiz.de/10012418368
Persistent link: https://www.econbiz.de/10013532149
Many companies in Germany must provide information beyond financial figures in their annual reports. For some years now, legislators have increasingly required information on non-financial aspects, such as the shares of women in leadership positions. Using a quantitative text analysis of annual...
Persistent link: https://www.econbiz.de/10013532157
This study aims to explore how the serotonin transporter gene affects corporate governance practices in an economy directly and indirectly through national culture. We investigate how the serotonin transporter gene affects corporate governance practices, especially board and management gender...
Persistent link: https://www.econbiz.de/10012823333
This paper responds to recent calls to study the role that board gender diversity plays in shaping corporate responses to climate change. It examines whether female board representation is associated with greater climate change innovation and whether its effect is determined by the presence of a...
Persistent link: https://www.econbiz.de/10014388688
utilized by MFIs. Data from unique 1670 MFIs in 93 countries, spanning the period of 2010-2018, were collected from the World …
Persistent link: https://www.econbiz.de/10014635348
Stakeholder capitalism conceives of capitalism with companies maximizing their long-term value, while considering in addition to the interests of their shareholders, also the interests of all their other stakeholders. Examples of such additional stakeholders include customers, employees,...
Persistent link: https://www.econbiz.de/10013297882