“…T here is a vigorous tradition in economic research underlining the influence of institutional environments on a wide range of corporate governance phenomena. Notable examples concern studies of business behaviors and performances (e.g., Ntim & Soobaroyen, 2013;Zattoni, Pedersen, & Kumar, 2009), corporate governance legitimacy (e.g., Aguilera & Jackson, 2003;Judge, Douglas, & Kutan, 2008), and corporate governance practices (e.g., Aguilera & Cuervo-Cazurra, 2004;Denis & McConnell, 2003), such as the adoption/diffusion of international accounting standards or codes of good governance (Alon, 2013;Judge, Li, & Pinsker, 2010;Zattoni & Cuomo, 2008). Furthermore, a comparative and country-level literature has explored the effects of institutional antecedents on the composition of corporate boards of directors, with particular regard to gender diversity issues (Adams & Kirchmaier, 2013;De Anca, 2008;Grosvold, 2011;Grosvold & Brammer, 2011;Terjesen & Singh, 2008).…”