Measuring the impact of board gender and cultural diversity on corporate governance and social performance: evidence from emerging markets
    
Yazarlar (5)
Mustafa K. Yilmaz İbn Haldun Üniversitesi, Türkiye
Umit Hacioglu İbn Haldun Üniversitesi, Türkiye
Ekrem Tatoglu İbn Haldun Üniversitesi, Türkiye
Prof. Dr. Mine AKSOY KAVALCI Yalova Üniversitesi, Türkiye
Selman Duran İstanbul Medipol Üniversitesi, Türkiye
Makale Türü Açık Erişim Özgün Makale (SCOPUS dergilerinde yayınlanan tam makale)
Dergi Adı Economic Research Ekonomska Istrazivanja
Dergi ISSN 1331-677X Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler Scopus
Makale Dili İngilizce Basım Tarihi 01-2023
Cilt / Sayı / Sayfa 36 / 1 / 3125–3159 DOI 10.1080/1331677X.2022.2106503
Makale Linki http://dx.doi.org/10.1080/1331677x.2022.2106503
Özet
This study examines the effects of gender and cultural diversity of boards on the corporate governance and social performance of 373 companies listed in 24 emerging country markets over the period of 2010–2019 using panel data analysis. A two-step system GMM model is also applied to test the endogeneity problem. The results indicate that gender and cultural diversity positively affect corporate governance performance. While we note that social performance is positively associated with both gender and cultural diversity, this relationship is insignificant. The findings offer multidimensional insights for companies, policy makers, and stakeholders to promote the association between gender and cultural diversity initiatives and corporate sustainability dimensions in emerging markets.
Anahtar Kelimeler
Cultural diversity | emerging markets | gender diversity | governance performance | social performance