Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2106503
Measuring the impact of board gender and cultural diversity on corporate governance and social performance: evidence from emerging markets
Mustafa K. Yilmaz
Umit Hacioglu
Ekrem Tatoglu
Mine Aksoy
Selman Duran
Sažetak
This study examines the effects of gender and cultural diversity of
boards on the corporate governance and social performance of
373 companies listed in 24 emerging country markets over the
period of 2010–2019 using panel data analysis. A two-step system
GMM model is also applied to test the endogeneity problem. The
results indicate that gender and cultural diversity positively affect
corporate governance performance. While we note that social
performance is positively associated with both gender and cultural
diversity, this relationship is insignificant. The findings offer
multidimensional insights for companies, policy makers, and
stakeholders to promote the association between gender and cultural
diversity initiatives and corporate sustainability dimensions
in emerging markets.
Ključne riječi
Cultural diversity; emerging markets; gender diversity; governance performance; social performance
Hrčak ID:
306633
URI
Datum izdavanja:
30.4.2023.
Posjeta: 310 *