Do women perform better in family firms?

D’Amato, Antonio

doi:10.1108/ijwbr-12-2016-0039

Cited by 16 publications

(10 citation statements)

References 50 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The study contributes to the existing knowledge in two ways. First, our study findings extend previous studies on board gender diversity and financial performance (Chieh Hsu & Lawler, 2019;D'Amato, 2017) by investigating the financial performance and gender diversity of all employment levels in the firm. Second, our study uses CSR proxy by either CSR disclosure or CSR expenditure as mediating and moderating variables to examine the association between financial performance and gender diversity.…”

Section: Introductionsupporting

confidence: 82%

“…There are studies on gender diversity and financial performance with mixed results from both developed and developing economies (Chieh Hsu & Lawler, 2019; Chih-shun Hsu et al, 2016; D’Amato, 2017; Darmadi, 2013; Kravitz, 2003; Mínguez-Vera & Campbell, 2007; Solakoglu & Demir, 2016). Some of the studies showed that gender diversity did not influence firm’s performance (Unite et al, 2019) and included is a study in the Indian context which showed no association between board gender diversity and financial and social performance (Sanan, 2016).…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…There are studies on gender diversity and financial performance with mixed results from both developed and developing economies (Chieh Hsu & Lawler, 2019; Chih-shun Hsu et al, 2016; D’Amato, 2017; Darmadi, 2013; Kravitz, 2003; Mínguez-Vera & Campbell, 2007; Solakoglu & Demir, 2016). Likewise, there are associations between gender diversity and CSR disclosure (Grosser & Moon, 2005; Lauwo, 2018; Setó-Pamies, 2015; Yasser et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Financial Performance and Gender Diversity: The Moderating and Mediating Effect of CSR Disclosure and Expenditure of Listed Firms in India

Oware

Mallikarjunappa

2021

Vision: The Journal of Business Perspective

View full text Add to dashboard Cite

The study examines the moderating and mediating effect of corporate social responsibility (CSR) disclosure and CSR expenditure on the association between listed firms’ financial performance and gender diversity. There are 80 listed firms with 800 firm-year observations from 2010 to 2019 that qualified for the study using the Indian stock market. The first finding shows a negative association between financial leverage and gender diversity. The second finding shows that the implementation of CSR disclosure hurts the improvement of gender diversity. The third finding shows that CSR expenditure improves gender diversity of listed firms in an emerging market. The fouth finding shows that CSR expenditure positively mediates the negative association between financial leverage and gender diversity. The fifth finding shows that CSR disclosure does not mediate the association between financial performance (return on assets, price to book ratio and financial leverage). The sixth finding shows that CSR expenditure negatively moderates the negative association between return on assets and gender diversity.

show abstract

Section: Introductionsupporting

confidence: 82%

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…There are studies on gender diversity and financial performance with mixed results from both developed and developing economies (Chieh Hsu & Lawler, 2019; Chih-shun Hsu et al, 2016; D’Amato, 2017; Darmadi, 2013; Kravitz, 2003; Mínguez-Vera & Campbell, 2007; Solakoglu & Demir, 2016). Likewise, there are associations between gender diversity and CSR disclosure (Grosser & Moon, 2005; Lauwo, 2018; Setó-Pamies, 2015; Yasser et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Financial Performance and Gender Diversity: The Moderating and Mediating Effect of CSR Disclosure and Expenditure of Listed Firms in India

Oware

Mallikarjunappa

2021

Vision: The Journal of Business Perspective

View full text Add to dashboard Cite

show abstract

“…Ujunwa, 2012; Zhang and Qu, 2016), but a positive association with accounting performance is observed in developed countries (Carter et al , 2003; Lyngsie and Foss, 2017) except those with gender quotas or women working in family business (e.g. Ahern and Dittmar, 2012; Bøhren and Strøm, 2010; D’Amato, 2017). Our findings from an African context corroborate the findings from other developing economies which report of a negative association between board gender diversity and performance.…”

Section: Empirical Results and Discussionmentioning

confidence: 99%

Women on boards, firm earnings management (EM) and performance nexus: does gender diversity moderate the EM–performance relationship?

Mensah

Onumah

2023

View full text Add to dashboard Cite

Purpose This paper aims to shed light on an essential role that “female directors” on boards of companies in sub-Saharan Africa play towards corporate financial performance enhancement. The study observes how board gender diversity moderates the relationship between earnings management (EM) and financial performance of firms in sub-Saharan Africa from a dynamic perspective. Design/methodology/approach The study’s sample comprises 105 companies listed on the respective stock markets of nine sub-Saharan African countries. The data are collected from annual reports over the period 2007–2019, a total of 1,166 firm-year observations. Panel data models are used in the analyses. Findings The study finds that the performance effect of EM is contingent on board diversity and this finding persists even after controlling for dynamic endogeneity, simultaneity and unobserved time-invariant heterogeneity inherent in the EM and performance relationship. Research limitations/implications The findings should be understood within the context that, only available annual reports and audited financial statements that were filed with respective capital markets of the nine surveyed countries are used as source of information. Originality/value The current study is unique, in that, it is the first panel multi-cross-country investigation within Africa to introduce gender diversity in the study of the relationship between EM and firm performance. It therefore extends the agency theory by using gender diversity as a moderating variable in the EM–firm performance nexus.

show abstract

“…Previous studies have examined gender diversity and innovation (D’Amato, 2017; Atallah et al , 2021; Chen et al , 2021). A few other studies also examined the family effect (Cumming and Leung, 2021), creating a research link between gender diversity and innovation.…”

Section: Introductionmentioning

confidence: 99%

Female directors and corporate innovation in family firms in India. Do leverage ratios and mandatory CSR expenditure matter?

Donkor

Appiah

2022

JGR

View full text Add to dashboard Cite

Purpose Based on data collected using the purposive sampling technique extracted from a secondary data source, this paper aims to examine the relationship between female directors and firm innovation. The paper also examines the impact of leverage ratios and corporate social responsibility (CSR) expenditure on the association between female directors and firms’ innovation. Design/methodology/approach The feasible general least regression technique was applied to overcome potential endogeneity issues associated with female directors and corporate innovation spending. Findings With subsequent control of individual and firm variables, the first findings of this study indicate that female directors significantly decrease firms’ innovation spending. The second outcomes of this study show that the leverage ratio considerably improves corporate innovation spending. The third findings show that the leverage ratio positively moderates the association between female directors and corporate innovation spending. The fourth findings show that CSR expenditure significantly improves firm innovation spending but does not moderate the association between female directors and corporate innovation spending. Research limitations/implications Based on dependency theory, robust and reliable conclusions suggest that female directors’ engagement on the Indian board needs more than biological sex, that is, the required expertise. The paper also provides policy implications for female expertise in minority engagement on the board of listed firms in India, especially when the firm desires to increase its corporate innovation spending. Originality/value This study is among the first, to the best of the authors’ knowledge, to comment on mandatory CSR expenditure as an independent variable on innovation or a moderating variable between female directors and corporate innovation. Similarly, the family-controlled management perspective in this study deepens the debate on gender diversity and corporate innovation.

show abstract

Do women perform better in family firms?

Cited by 16 publications

References 50 publications

Financial Performance and Gender Diversity: The Moderating and Mediating Effect of CSR Disclosure and Expenditure of Listed Firms in India

Financial Performance and Gender Diversity: The Moderating and Mediating Effect of CSR Disclosure and Expenditure of Listed Firms in India

Women on boards, firm earnings management (EM) and performance nexus: does gender diversity moderate the EM–performance relationship?

Female directors and corporate innovation in family firms in India. Do leverage ratios and mandatory CSR expenditure matter?

Contact Info

Product

Resources

About