Does Having a Critical Mass of Women on the Board Result in More Corporate Environmental Actions? Evidence From China

Gong, Mijia; Zhang, Zhe; Walls, Judith L.

doi:10.1177/1059601121998892

Cited by 19 publications

(25 citation statements)

References 69 publications

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“…Studies related to board GD drawing on CMT suggest that female directors may have a voice on the board only when they hold considerable number of seats on board (Gong et al, 2021; Torchia et al, 2011). A similar result was suggested in the context of the role of females in corporate strategic decisions (Konrad et al, 2008).…”

Section: Theoretical Perspective and Literature Reviewmentioning

confidence: 99%

Nexus between corporate environmental disclosures and gender diversity: Interaction effects of board independence

Arora,

Aliani

2023

Bus Strat Env

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This study examines the impact of gender diversity (GD) in the board of directors on corporate environmental disclosures (ED). It develops an integrative theoretical framework to explore diverse facets of the nexus of GD and ED. Using Indian‐listed firms for a sample period of 2015 to 2021, panel models have been used to validate the theoretical assumptions of the study. The empirical results reveal that women directors improve ED. Moreover, the role of women in driving environmental disclosure becomes evident only after achieving a critical mass of three directors. Our research contributes to the literature using board independence as moderator, for the first time in this context, and it was found that it moderates GD–ED relationship significantly. The findings could be beneficial for policymakers and regulators to recognize how GD is vital to firms to achieve best environmental practices. More initiatives may be deployed to reinforce women's representation in boardrooms for enhancing ED. Our study is one of the foremost studies to examine the impact of board GD on ED based on gender socialization, critical mass, and resource dependency theoretical framework.

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Section: Theoretical Perspective and Literature Reviewmentioning

confidence: 99%

Nexus between corporate environmental disclosures and gender diversity: Interaction effects of board independence

Arora,

Aliani

2023

Bus Strat Env

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“…By using Bloomberg data from 2011-2019 for French stock exchange companies and environmental disclosure data, it was indicated that higher percentage of female board members related to higher sustainability disclosure (Chebbi et al, 2020). In addition, from China, Gong et al (2021) found, using information from Chinese stock echange firms from 2010-2016, that boards with at least three female members showed increased quality and speed as regards to environmentally related initiatives.…”

Section: Women On Boards and Sustainability Reportingmentioning

confidence: 99%

The Impact of Women Board Members on ROA and Sustainability in CEO-Only Boards

2022

JAF

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Gender diversity has changed the board of directors and now with more women on the board (WOB), they can make significant changes in corporations and possibly outcomes. This study addresses the relationship between ratio of women on CEO-only boards with Corporate Social Responsibility (CSR), words disclosed in 10-K financial reports and Return on Assets (ROA). We found a significant negative relationship between ratio of WOB and CSR type words in the 10-k annual report and a significant positive relationship between ratio of WOB and ROA. Our results indicate no significant relationship between high or low WOB and sustainability type reports.

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“…The second most analyzed topic is the relationship between women’s presence on corporate boards and corporate social responsibility (Biswas et al , 2021; Dang et al , 2021; Mansoor and Ali, 2018). Other studies analyzed the boards’ strategic control (Nielsen and Huse, 2010), corporate sustainability (Galbreath, 2011), corporate governance (Abdullah et al , 2016), efficiency (Ramly et al , 2017), corporate reputation (Inamdar and Nagendra, 2017), corporate environmental actions (Gong et al , 2021), effects on agency costs (Amin et al , 2021), cost of debt (Kamil and Appiah, 2021), adoption of the United Nations Sustainable Development Goals (Cicchiello et al , 2021) and employer attractiveness (Schäpers et al , 2021).…”

Section: Literature Reviewmentioning

confidence: 99%

Women on corporate boards in a predominantly male-dominated society: the case of Peru

Avolio

Pretell

Valcazar

2022

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Purpose This phenomenological study aims to analyze the factors perceived by women to be important to their nomination and selection for board positions in Peruvian public companies. The importance of this study lies in understanding the qualities that are important for women to possess, as perceived by those women who have reached leadership positions, achieving empowerment and economic autonomy. Design/methodology/approach The study population consisted of 33 women who became company directors in 2019, according to the data of the Lima Stock Exchange. From this group, the authors conducted 12 in-depth interviews with those women who accepted to participate in this study. The information was analyzed based on the stages suggested by Moustakas (1994). Findings This study proposes a conceptual framework with 13 factors perceived by women during their nomination and selection for board positions in Latin American public companies, focusing on the case of Peru. The factors are training and learning, professional experience, self-awareness, attitude, resilience, networking, communication skills, empathy, “hard work,” capacity to make important decisions, soft skills, support networks and allies and passion for their work. Originality/value Based on the experiences of the participants, this study identified 13 critical factors for women to achieve leadership positions as board members. From a phenomenological approach, the relevance of said factors is that they have emerged from the point of view of women who live in a patriarchal and collectivistic culture with a high gender gap index.

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Does Having a Critical Mass of Women on the Board Result in More Corporate Environmental Actions? Evidence From China

Cited by 19 publications

References 69 publications

Nexus between corporate environmental disclosures and gender diversity: Interaction effects of board independence

Nexus between corporate environmental disclosures and gender diversity: Interaction effects of board independence

The Impact of Women Board Members on ROA and Sustainability in CEO-Only Boards

Women on corporate boards in a predominantly male-dominated society: the case of Peru

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