Boards' Gender Diversity and Firm Performance Before and After the Egyptian Revolution

Boards' Gender Diversity and Firm Performance Before and After the Egyptian Revolution PDF Author: Melsa Ararat
Publisher:
ISBN:
Category :
Languages : en
Pages : 45

Get Book Here

Book Description
Given the endogenous and contingent nature of firms' governance choices, it is not surprising that the results of prior studies investigating the association between board attributes and firm performance are mixed. In this paper, we exploit the presence of an exogenous shock represented in the Egyptian revolution in 2011 to assess the effect of gender diversity in the board on firm performance. Our results show that gender diverse firms perform better when their environment becomes more complex and unpredictable. The presence of foreign directors on the other hand has the opposite effect. Our results challenge the notion that diversity attributes are additive, and underscore the benefits of gender diversity in more complex and unpredictable contexts. Overall, we provide evidence that board structure/diversity-performance relationship is contingent upon the social, political and economic context, and changes in response to external shocks.

Boards' Gender Diversity and Firm Performance Before and After the Egyptian Revolution

Boards' Gender Diversity and Firm Performance Before and After the Egyptian Revolution PDF Author: Melsa Ararat
Publisher:
ISBN:
Category :
Languages : en
Pages : 45

Get Book Here

Book Description
Given the endogenous and contingent nature of firms' governance choices, it is not surprising that the results of prior studies investigating the association between board attributes and firm performance are mixed. In this paper, we exploit the presence of an exogenous shock represented in the Egyptian revolution in 2011 to assess the effect of gender diversity in the board on firm performance. Our results show that gender diverse firms perform better when their environment becomes more complex and unpredictable. The presence of foreign directors on the other hand has the opposite effect. Our results challenge the notion that diversity attributes are additive, and underscore the benefits of gender diversity in more complex and unpredictable contexts. Overall, we provide evidence that board structure/diversity-performance relationship is contingent upon the social, political and economic context, and changes in response to external shocks.

Struggles and Successes in the Pursuit of Sustainable Development

Struggles and Successes in the Pursuit of Sustainable Development PDF Author: Tay Keong Tan
Publisher: Routledge
ISBN: 135114054X
Category : Business & Economics
Languages : en
Pages : 210

Get Book Here

Book Description
The challenges associated with the struggles for attainment of the Sustainable Development Goals (SDGs) and objectives are as diverse and complex as the variety of human societies, national conditions and natural ecosystems worldwide. Despite decades of economic growth and technological advances, our world is plagued by poverty, hunger, disease, conflicts and inequality, and many societies are under the strain of environmental changes and governance failure. Such global-scale challenges call for the SDGs to be translated beyond bold concepts and aspirational targets into concrete programs and feasible plans that are substantively valuable, locally acceptable, pragmatic and operationally implementable. In the pursuit of the SDGs, positive results are far from guaranteed. Success is uncertain. Instead, the path forward requires difficult learning, experimentation and adaptation by multiple stakeholders. Loss and sacrifice are foreseeable and often inevitable. This important book captures the lessons from ongoing struggles and the early successes. Productive failures and emerging practices are identified, analyzed and promulgated for interdisciplinary learning by, and for the inspiration of, like-minded individuals, organizations, communities and nations worldwide. They can also inform and enrich the curricula in universities, training institutions and schools to prepare future generations of citizens, leaders and activists with the ethos and values of sustainability and social responsibility. The book offers a platform for academics, practitioners and concerned global citizens to identify pathways forward on the immense challenges of sustainability.

Advances in Financial Economics

Advances in Financial Economics PDF Author: Kose John
Publisher: Emerald Group Publishing
ISBN: 1783501219
Category : Business & Economics
Languages : en
Pages : 269

Get Book Here

Book Description
Advances in Financial Economics Vol. 16 contains a set of empirical papers by a set of global scholars who examine corporate governance and market regulation from a variety of perspectives.

The AI Revolution: Driving Business Innovation and Research

The AI Revolution: Driving Business Innovation and Research PDF Author: Bahaa Awwad
Publisher: Springer Nature
ISBN: 3031543793
Category :
Languages : en
Pages : 917

Get Book Here

Book Description


Gender Diversity in the Boardroom

Gender Diversity in the Boardroom PDF Author: Cathrine Seierstad
Publisher: Springer
ISBN: 3319561421
Category : Business & Economics
Languages : en
Pages : 285

Get Book Here

Book Description
This edited collection provides a structured and in-depth analysis of the current use of quota strategies for resolving the pressing issue of gender inequality, and the lack of female representation on corporate boards. Filling the gap in existing literature on this topic, the two volumes of Gender Diversity in the Boardroom offers systematic overviews of current debates surrounding the optimisation of gender diversity, and the suggested pathways for progress. Focusing on sixteen European countries, the skilled contributors explore the current situation in relation to women on boards debates and approaches taken. They include detailed reflections from critical stakeholders, such as politicians, practitioners and policy-makers. Volume 1 focuses on eight European countries having adopted quotas and is a promising and highly valuable resource for academics, practitioners, policy makers and anyone interested in gender diversity because it examines and critiques the current corporate governance system and national strategies for increasing the share of women not only on boards, but within companies beyond the boardroom.

Women on Corporate Boards

Women on Corporate Boards PDF Author: Maria Aluchna
Publisher: Routledge
ISBN: 1351728938
Category : Business & Economics
Languages : en
Pages : 226

Get Book Here

Book Description
Female presence and involvement on boards improves firm performance, transforms corporate governance and leads to the transition towards more responsible business. Corporate boards are essential bodies for governance and management and their efficiency determines a company’s performance. The board is a crucial element of the corporate governance structure and its efficiency and performance determines the success of the operation and monitoring of the company. The board is viewed as the liaison between providers of capital (shareholders) and managers who use this capital to create value. The board role is to represent, formulate and fulfill the interests and expectations of shareholders as the owners of the companies. The discussion surrounding female participation in business inevitably needs to refer to their presence on corporate boards. It is also a reliable indicator of a gender equality policy and advancement, adopted by countries and companies. The book traces the logic behind the decision patterns of female involvement in governance and management. In particular, it identifies the patterns of women’s presence on corporate boards, with respect to theoretical and conceptual argumentation, policy and regulatory implication, as well as practical adaptation. The phenomenon of women on corporate boards is analyzed in the context of different political, cultural and institutional environments addressing challenges in both developed and emerging economies. The role of female directors is viewed as one of the crucial aspects in corporate governance, adding to the quality of control and management.

Challenging Boardroom Homogeneity

Challenging Boardroom Homogeneity PDF Author: Aaron A. Dhir
Publisher: Cambridge University Press
ISBN: 1316298272
Category : Law
Languages : en
Pages : 331

Get Book Here

Book Description
The lack of gender parity in the governance of business corporations has ignited a heated global debate, leading policymakers to wrestle with difficult questions that lie at the intersection of market activity and social identity politics. Drawing on semi-structured interviews with corporate board directors in Norway and documentary content analysis of corporate securities filings in the United States, Challenging Boardroom Homogeneity empirically investigates two distinct regulatory models designed to address diversity in the boardroom: quotas and disclosure. The author's study of the Norwegian quota model demonstrates the important role diversity can play in enhancing the quality of corporate governance, while also revealing the challenges diversity mandates pose. His analysis of the US regime shows how a disclosure model has led corporations to establish a vocabulary of 'diversity'. At the same time, the analysis highlights the downsides of affording firms too much discretion in defining that concept. This book deepens ongoing policy conversations and offers new insights into the role law can play in reshaping the gendered dynamics of corporate governance cultures.

Gender Equality and Inclusive Growth

Gender Equality and Inclusive Growth PDF Author: Raquel Fernández
Publisher: International Monetary Fund
ISBN: 1513571168
Category : Social Science
Languages : en
Pages : 50

Get Book Here

Book Description
This paper considers various dimensions and sources of gender inequality and presents policies and best practices to address these. With women accounting for fifty percent of the global population, inclusive growth can only be achieved if it promotes gender equality. Despite recent progress, gender gaps remain across all stages of life, including before birth, and negatively impact health, education, and economic outcomes for women. The roadmap to gender equality has to rely on legal framework reforms, policies to promote equal access, and efforts to tackle entrenched social norms. These need to be set in the context of arising new trends such as digitalization, climate change, as well as shocks such as pandemics.

America's Competitive Secret

America's Competitive Secret PDF Author: Judy B. Rosener
Publisher: Oxford University Press, USA
ISBN: 9780195119145
Category : Business & Economics
Languages : en
Pages : 258

Get Book Here

Book Description
The USA has a number of educated, experienced, professional women ready and willing to move into the boardrooms and executive suites of corporate America. The author of this text argues that they are America's competitive secret.

The Bottom Line

The Bottom Line PDF Author: Catalyst
Publisher: Catalyst
ISBN: 0895842440
Category : Diversity in the workplace
Languages : en
Pages : 35

Get Book Here

Book Description
This study explores whether there is a demonstrable connection between gender diversity and organizational financial performance.