Women on corporate boards and corporate financial and non-financial performance: A systematic literature review and future research agenda
By Thi Ngan Hoa Nguyen, Collins G. Ntim, John Kalimilo Malagila. International Review of Financial Analysis, 2020
417 citations recorded by the source corpus.
This paper provides an up-to-date and comprehensive systematic literature review (SLR) of the existing research on women on corporate boards (WOCBs) and corporate financial and non-financial performance. The aim is to synthesise and extend current understanding of both the existing (i) theoretical (i.e., economic, psychological and social) perspectives and (ii) empirical evidence on the (a) multi-level (i.e., individual-, social-, firm- and country-level) antecedents of WOCBs, and (b) the effects that WOCBs have on a wide range of corporate financial and non-financial performance. We achieve this by adopting a three-step SLR approach to analyse/review one of the largest SLR datasets to be employed to date, consisting of 634 mixed, qualitative, quantitative and theoretical studies conducted in over 100 countries from more than 10 disciplines (e.g., accounting, finance, economics and governance) from 1981 to 2019 and published in 270 top-ranked journals. Our findings are as follows. First, a large number of existing studies are descriptive and/or they draw on single rather than multi-theoretical perspectives. Second, existing studies have focused on firm-level rather than country-level antecedents of WOCBs. Third, observable methodological limitations include the dearth of qualitative, mixed-methods and cross-cultural/country studies. Finally, we outline opportunities for future WOCBs research.
Subfields: Accounting, Gender Studies
View Paper: https://www.semanticscholar.org/paper/8482ebe02b51fd49a613354f58a1d98e003fe23d
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
Citations in the corpus
- Corporate governance quality and financial leverage: Evidence from China (2020, background): “On the basis of the above literature review, we show that the focus of our study fits into the large literature about corporate governance (Bai et al., 2004; Harford et al., 2008; Nguyen et al., 2020), capital structure (Crutchley & Hansen, 1989; Ellul & Pagano, 2019; Graham et al.”