“…Indeed, "an organization's reputation can be affected by who serves on the board" (Bazerman and Schoorman, 1983, p. 211). Supporting this reasoning, scholars have reported that the board composition can affect investor reactions (McMillan-Capehart et al, 2010), financial performance (Campbell and Mínguez-Vera, 2008;Moreno-G omez et al, 2018), corporate giving (Williams, 2003), transformational organizational style (Garcia-Solarte et al, 2018), marketing effectiveness (Mugwati and Bakunda, 2019) as well as corporate social responsibility ratings (Cook and Glass, 2018;Bear et al, 2010). Hence, individual observers appear to interpret board attributes as signals of what it would be like to work for an organization (Connelly et al, 2011;Greening and Turban, 2000).…”