Women directors and firm innovation: The role of women directors' representative function

Abstract

We argue that the link between women directors in co‐determined supervisory boards and firm innovation depends on two contextual factors: (1) Women directors' power, as measured by their share among shareholder representatives, and (2) on whether women are represented in both representative functions, that is, shareholder and employee representatives. In our empirical analysis based on German panel data, we find the positive link between women directors and firm innovation to be driven by women shareholder representatives, and we find the joint presence of women among shareholder and employee representatives to be positively linked to firm innovation.

Women in Management Positions: A Systematic Review and Future Research Agenda

“…The factors identified were classified according to the environment in which they apply: cultural, organizational, political, and social. This is in line with authors (Cabeza et al, 2019;Joecks, 2020;Maida and Weber, 2022;Osi and Teng, 2021;Pucheta et al, 2021;Ricks, 2018) who point to cultural factors such as the importance of equal gender opportunities, promotion of women in the business environment and support for gender diversity in board positions. Authors (Afzali et al, 2021;Blommaert and Van den Brink, 2020;Chan et al, 2021;Chen and Houser, 2019;Haldar et al, 2020;Halliday et al, 2021;Halrynjo and Blair, 2021;Kirsch, 2022;Kowalewska, 2021;Mateos de Cabo et al, 2022;Mensi et al, 2021;Osi and Teng, 2021) that investigated the functioning of salient organizational factors such as board culture, practices, policies, orientation programs and codes of good governance.…”

Climate policy uncertainty and corporate green innovation performance: From the perspectives of organizational inertia and management internal characteristics

“…And this paper also studies the moderating effect of organizational inertia and the joint moderating effects of managerial openness and organizational inertia, as well as managerial risk-taking propensity and organizational inertia. Joecks et al, 2023;Qu et al, 2021). There are lots of factors that currently affect corporate green innovation performance, including the management (Chen et al, 2023;Javed et al, 2023), enterprises themselves (Knott & Vieregger, 2020;Wang, 2019;Yang & Chen, 2023), the government (Wang & Wang, 2021;Yin et al, 2022), and so on.…”

“…At the same time, green innovation is a key variable that affects the sustainable growth of enterprises and achieves high economic growth rates in the future (Hou et al, 2017; Iqbal et al, 2022; Xu et al, 2020). By utilizing new concepts and technologies to achieve environmental pollution reduction and resource consumption savings and bringing the corresponding economic benefits (Yin et al, 2022), green innovation is also one of the ways to improve the sustainable competitive advantage of enterprises (Briest et al, 2020; Chatzoglou & Chatzoudes, 2017; Joecks et al, 2023; Qu et al, 2021). There are lots of factors that currently affect corporate green innovation performance, including the management (Chen et al, 2023; Javed et al, 2023), enterprises themselves (Knott & Vieregger, 2020; Wang, 2019; Yang & Chen, 2023), the government (Wang & Wang, 2021; Yin et al, 2022), and so on.…”

The effects of female executives on financial statement comparability

“…Studies also suggest that females are more important to fairness (Krüger, 2009) and express significantly more altruism than males (Zou et al, 2018). Therefore, female executives tend to have democratic leadership styles and prioritize group interests over their own (Joecks et al, 2023;Wille et al, 2018), thereby contributing to firms' sustainable and long-term growth (Abbott et al, 2012;Adams & Ferreira, 2009;Issa et al, 2022;Lim & Chung, 2021;Manner, 2010;Velte, 2016;Williams, 2003;Zou et al, 2018).…”