Does having women on boards create value? The impact of societal perceptions and corporate governance in emerging markets

  • Shamsul N. Abdullah
    Department of Accounting, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia Kuala Lumpur Malaysia
  • Ku Nor Izah Ku Ismail
    Department of Accounting, College of Business, Universiti Utara Malaysia Kedah Malaysia
  • Lilac Nachum
    IB Department, Baruch College, City University New York New York U.S.A.

書誌事項

公開日
2015-01-09
権利情報
  • http://onlinelibrary.wiley.com/termsAndConditions#vor
DOI
  • 10.1002/smj.2352
公開者
Wiley

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説明

<jats:p> <jats:italic> Many governments seek to impose gender equality on boards, but the consequences of doing so are not clear and could harm firms and economies. We shed light on this topic by conceptualizing the relationships as firm‐ and board‐specific and embedded within specific contexts. The theory is developed with reference to emerging markets, and tested on <jats:styled-content style="fixed-case">M</jats:styled-content> alaysian firms. We find that female directors create value for some firms and decrease it for others. The impact varies across different performance indicators, firms' ownership, and boards' structure. The findings call for nuanced responses in relation to women's nominations from both governments and firms </jats:italic> . Copyright © 2014 John Wiley & Sons, Ltd. </jats:p>

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