Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2142812
Board diversity and financial reporting quality: evidence from China
Irfan Ullah
Qiujun Zhao
Aurang Zeb
Amjad Iqbal
Muhammad Arif Khan
Sažetak
This study explores the relationship between board diversity and financial
reporting quality (FRQ) in China, an emerging market, by using
panel data techniques. Specifically, it investigates firms registered from
2005 to 2018. Board diversity is categorised into relation (i.e., gender
and age), task (i.e., education, tenure, and experience), and overall
board diversity (sum of relation and task diversities). Findings indicate
that board diversity has a significant positive impact on FRQ. The relationship
between board diversity and FRQ is also strong in non-stateowned
firms and during noncrisis periods. Findings remain consistent
after numerous robustness checks comprising instrumental approach,
propensity score matching, generalised method of moment, lag of
independent variables, Heckman two-step model, change analysis, and
alternative FRQ measures. Overall, board diversity is found to be associated
with corporate outcomes.
Ključne riječi
Board diversity; financial reporting quality; corporate governance; China
Hrčak ID:
306784
URI
Datum izdavanja:
30.4.2023.
Posjeta: 343 *