The influence of gender diversity on corporate performance

  1. Gallego Álvarez, Isabel
  2. García Sánchez, Isabel María
  3. Rodríguez Domínguez, Luis
Zeitschrift:
Revista de contabilidad = Spanish accounting review: [RC-SAR]

ISSN: 1138-4891

Datum der Publikation: 2010

Ausgabe: 13

Nummer: 1

Seiten: 53-88

Art: Artikel

DOI: 10.1016/S1138-4891(10)70012-1 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

Andere Publikationen in: Revista de contabilidad = Spanish accounting review: [RC-SAR]

Bibliographische Referenzen

  • Adler, R.D. (2001), "Women in the Executive Suite Correlate to High Profits", Working Paper, European Project on Equal Pay, Pepperdine University.
  • Adams, R.B. and D. Ferreira (2004), "Gender Diversity in the Boardroom", ECGI Working Paper Series in Finance 58, ECGI.
  • Andrés, P.; V. Azofra. and F. López (2005), "Corporate Boards in OECD Countries: Size, Composition, Functioning and Effectiveness", Corporate Governance: An International Review, 13:197-210
  • Arellano, M. and S. Bond (1991), "Some Tests of Specification for Panel Data: Monte Carlo Evidence and Application to Employment Equations", The Review of Economic Studies, 58:277-297
  • Barney, J.B. (1991), "Firm Resources and Sustained Competitive Advantage", Journal of Management, 17:99-120
  • Barth, E.; T. Gulbrandsen. and P. Schøne (2005), "Family Ownership and Productivity: the Role of Owner-Management", Journal of Corporate Finance, 11:107-127
  • Battese, G.E. and T.J. Coelli (1992), "Frontier Production Functions, Technical Efficiency and Panel Data: With Application to Paddy Farmers in India", Journal of Productivity Analysis, 3:153-169
  • Beasley, M. (1996), "An Empirical Analysis of the Relation Between the Board of Direct Composition and Financial Statement Fraud", The Accounting Review, 71:443-465
  • Bernardi, R.A. and S.T. Guptill (2008), "Social Desirability Response Bias, Gender, and Factors Influencing Organizational Commitment: An International Study", Journal of Business Ethics, 81: 797-809
  • Bird, B. and C. Brush (2002), "A Gendered Perspective on Organizational Creation", Entrepreneurship Theory and Practice, 26(3): 41-65.
  • Boden, R.J. and A.R. Nucci (2000), "On the Survival Prospects of Men's and Women's New Business Ventures", Journal of Business Venturing, 15:347-362
  • Böhren, O. and R. Ström (2005), "The Value-creating Board: Theory and Evidence", Research Report 8/2005, Department of Financial Economics, Norwegian School of Management.
  • Bozec, R. and M. Dia (2007), "Board Structure and Firm Technical Efficiency: Evidence from Canadian State-owned Enterprises", European Journal of Operational Research, 177:1734-1750
  • Campbell, K. and A. Mínguez-Vera (2008a), "The Influence of Gender on Spanish Boards of Directors: an Empirical Analysis", WP-EC 2007-2008, Instituto Valenciano de Investigaciones Económicas, 1-30.
  • Campbell, K. and A. Mínguez-Vera (2008b), "Gender diversity in the boardroom and firm financial performance", Journal of Business Ethics, 83(3):435-451
  • Carter, S. and T. Cannon (1992), Women as Entrepreneurs, Academic Press, London.
  • Carter, S. and E. Shaw (2006), "Women's Business Ownership: Recent Research and Policy Development", Report to the Small Business Service, November 2006, Available online at: http://www.berr.gov.uk/files/file38330.pdf
  • Carter, D.A.; B.J. Simkins. and W.G. Simpson (2003), "Corporate Governance, Board Diversity and Firm Value", The Financial Review, 38:33-53
  • Carter, D.A. ; B.J. Simkins.; F. D'Souza. and W.G. Simpson (2007), "The Diversity of Corporate Board Committees and Financial Performance", SSRN, September 20, 1-30.
  • Carrasco Gallego, A. and J. Laffarga Briones (2006), "Códigos de Buen Gobierno y Diversidad", Revista AECA, 76: 48-52
  • Comisión Nacional del Mercado de Valores (2006), Código Unificado de Buen Gobierno (2006) CNMV 19 de Mayo 2006, Madrid.
  • Cóndor, V. and M.L. Esteban (2008), "¿Es el género una variable determinante de la rentabilidad?", paper presented at the 1st Workshop on Diversity, Gender, Governance and Accounting, 13-14 November, Carmona (Seville, Spain)
  • Congreso de los Diputados (2006), El Libro Blanco de la RSE, Boletín Oficial de las Cortes Generales, núm. 424, 4 de agosto de 2006.
  • Cooper, A.C.; J.F. Gimeno-Gascon. and C. Woo (1994), "Initial Human and Financial Capital as Predictors of New Venture Performance", Journal of Business Venturing, 9:371-395
  • Core, J.E.; R.W. Holthausen. and D.F. Larcker (1999), "Corporate governance, chief executive officer compensation, and firm performance", Journal of Financial Economics, 51:371-406
  • Cox, T.H. and S. Blacke (1991), "Managing Cultural Diversity: Implications for Organizational Competitiveness", Academy of Management Executive, 5:45-56
  • Chell, E. and S. Baines (1998), "Does Gender Affect Business Performance? A Study of Microbusinesses in Business Services in the UK", Entrepreneurship and Regional Development, 10:117-135
  • Dalton, D.; C. Daily; A. Ellstrand. and J. Johnson (1998), "Meta-analytic review of board composition, leadership structure, and financial performance", Strategic Management Journal, 19: 269-290
  • De Luis, P.; A. Martínez; M. Pérez; M.J. Vela. and E. Bernal (2008), "Diversidad de Género en el Gobierno de las Empresas: ¿Objetivo Social o Financiero?, paper presented at the 1st Workshop on Diversity, Gender, Governance and Accounting, 13-14 November, Carmona (Seville, Spain)
  • Driga, O. and D. Priori (2008), "Start-Up Conditions and Performance of Women-And Men-Controlled Businesses in Manufacturing Industries", paper presented at the 1st Workshop on Diversity, Gender, Governance and Accounting, 13-14 November, Carmona (Seville, Spain)
  • Du Rietz, A. and M. Henrekson (2000), "Testing the Female Underperformance Hypothesis", Small Business Economics, 1:1-10
  • Earley, P.C. and E. Mosalowski (2000), "Creating Hybrid Team Cultures: An Empirical Test of Transnational Team Functioning", Academy of Management Journal, 43:26-49
  • Ellis, K.M. and P.Y. Keys (2003), "Stock Returns and the Promotion of Workforce Diversity", Working Paper, University of Delaware.
  • Erhardt, L.N.; J.D. Werbel. and C.B. Shrader (2003), "Board of Director Diversity and Firm Financial Performance", Corporate Governance: An International Review, 11:102-110
  • Farrell, K.A. and P.L. Hersch (2001), "Additions to corporate boards: Does gender matter?", SSRN, November 28, 1-30.
  • Fasci, M.A. and J. Valdez (1998), "A Performance Contrast of Male-and Female-Owned Small Accounting Practices", Journal of Small Business Management, 7:341-359
  • Fenwick, G.D. and D.J. Neal (2001), "Effect of Gender Composition on Group Performance", Gender, Work and Organization, 8:205-225
  • Fischer, E. (1992), "Sex Differences and Small Business Performance among Canadian Retailers and Service Providers", Journal of Small Business and Entrepreneurship, 36:1-7
  • Fischer, E.M.; R.A. Reuber. and L.S. Dyke (1993), "A Theoretical Overview and Extension of Research on Sex, Gender and Entrepreneurship", Journal of Business Venturing, 8:151-168
  • García Osma, B. and Gill-de-Albornoz Noguer, B. (2007), "The Effect of the Board Composition and its Monitoring Committees on Earnings Management: Evidence from Spain", Corporate Governance, 15:1413-1428
  • Goffee, R. and R. Scase (1985), Women in Charge, George Allan & Unwin, London.
  • Heidrick and Struggles ( 2007), Corporate Governance in Europe: 2007 Report, Paris.
  • Grinstein, Y. (2006), "The disciplinary role of debt and equity contracts: Theory and tests", Journal of Financial Intermediation, 15:419-443
  • Higgs, D. (2003), Review of the role and effectiveness of non-executive directors, Department of Trade and Industry, UK, http://www.berr.gov.uk/files/ file23012.pdf
  • Hill, C. and S. Snell (1989), "Effects of Ownership Structure and Control on Corporate Productivity", Academy of Management Journal, 32:25-46
  • Jensen, M, C. (1993), "The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems", Journal of Finance, 48 (3): 831-880
  • Jimeno, F.J. and M. Redondo (2007), "Diversidad de género en el consejo de administración y características económico-financieras de las empresas", paper presented at XIV Congreso de la Asociación Española de Contabilidad y Administración de Empresas, 19-21 September, Valencia.
  • Jimeno, F.J. and M. Redondo (2008), "Efectos sobre los ratios financieros de la diversidad de género en los consejos de administración de empresas españolas", paper presented at the 1st Workshop on Diversity, Gender, Governance and Accounting, 13-14 November, Carmona (Seville, Spain)
  • Johnson, J.L.; C.M. Daily. and A.E. Ellstrand (1996), "Board of Directors: A Review and Research Agenda", Journal of Management, 22 (3):409-438
  • Johson, S. and D. Storey (1993), "Male and Female Entrepreneurs and Their Businesses: A Comparative Study", In S. Allen and C. Truman (Eds.), Women Entrepreneurs, London: Routledge.
  • Jurkus, A.F.; J.Ch. Park. and L.S. Woodard (2007), "Gender Diversity and Firm Performance: Environmentally Reliant?", SSRN, 1-31.
  • Kalleberg, A.L. and K.T. Leicht (1991), "Gender and Organizational Performance: Determinants of Small Business Survival and Success", Academy of Management Journal, 34:136-161
  • Klein, A. (2002), "Audit committee, board of director characteristics, and earnings management", Journal of Accounting and Economics, 33:375-400
  • Kochan, Th.; K. Bezrukova.; R. Ely.; S. Jackson; A. Joshi.; K. Jehn.; J. Leonard.; D. Levine. and D. Thomas (2003), "The Effects of Diversity on Business Performance: Report of the Diversity Research Network", Human Resource Management, 42:3-21
  • Krishnan, H. and D. Park (2005), "A few good women-on top management teams", Journal of Business Research, 58:1712-1720
  • La Porta, R., F. López-de-Silanes. and A. Shleifer (1999), "Corporate Ownership around the World", The Journal of Finance, 54:471-517
  • Litz, R.A. and C.A. Folker. (2002), "When He and She Sell Seashells: Exploring the Relationship Between Management Team, Gender-Balance and Small Firm Performance", Journal of Developmental Entrepreneurship, 7:341-359
  • Mateos, R.; L. Escot. and R. Gimeno (2006), "Análisis de la presencia de la mujer en los consejos de administración de las mil mayores empresas españolas", Working Paper # 263, Fundación de las Cajas de Ahorro.
  • McConnell, J. and K. Servaes. (1995), "Equity ownership and two faces of debt", Journal of Financial Economics, 39:131-157
  • Pearce, J. and S. Zahra (1992), "Board Composition from a Strategic Contingency Perspective", Journal of Management Studies, 29:411-438
  • Peasnell, K.V., P.F. Pope. and S. Young (2005), "Board Monitoring and Earnings Management: Do Outside Directors Influence Abnormal Accruals?", Journal of Business Finance & Accounting, 32:1311-1345
  • Randöy, T.; S. Thomsen. and L. Oxelheim (2006), A Nordic perspective on corporate board diversity, Nordic Innovation Centre, Norway.
  • Richard, O.C. (2000), "Racial diversity, business strategy and firm performance: A resource-based view", Academy of Management Journal, 43:164-177
  • Robinson, G. and K. Dechant (1997), "Building a Business Case for Diversity", The Academy of Management Executive, 11:21-31
  • Rosa, P.; S. Carter. and D. Hamilton (1996), "Gender as a Determinant of Small Business Performance: Insights from a British Study", Small Business Economics, 8:463-478
  • Rose, C. (2004), "Stakeholder Orientation vs Shareholder Value-A matter of contractual failures", European Journal of Law and Economics, 18:77-79
  • Rose, C. (2007), "Does female board representation influence firm performance? The Danish evidence", Corporate Governance: An International Review, 15:404-413
  • Saona, P. and E. Vallelado (2007), "¿Es la velocidad de ajuste a la ratio de endeudamiento objetivo explicada por el entorno institucional?: Un análisis a través de un conjunto de países", paper presented at XV Finance Forum, Universitat de less Illes Balears, Palma de Mallorca, November 2007.
  • Sexton, D.L. (1989), "Research on Women's Business Owners", In O. Hagen, C. Rivchum and D.L. Sexton (Eds.) Women Owned Businesses, Praeger; New York.
  • Shleifer, A., and R. W. Vishny (1986), "Large Shareholders and Corporate Control'", Journal of Political Economy, 94:461-488
  • Shleifer, A., and R. W. Vishny (1997), "A Survey of Corporate Governance", Journal of Finance, 52:737-783
  • Shrader, Ch.B.; V.B. Blackburn. and P. Iles (1997), "Women in Management and Firm Financial Performance: An Exploratory Study", Journal of Managerial Issues, 9:355-372
  • Siciliano, J.I. (1996), "The relationship of board member diversity to organizational performance", Journal of Business Ethics, 15: 1313-320
  • Smith, N.; V. Smith. and M. Verner (2006), "Do women in top management affect firm performance? A panel study of 2,500 Danish firms", International Journal of Performance Management, 55:569-593
  • Stiles, P. (2001), "The impact of boards on strategy", Journal of Management Studies 38 (5):627-650
  • Tajfel, H. and J. Turner (1985), "The Social Identity of Inter-Group Behavior", In S. Worchel and W. Austin (Eds.) Psychology and Intergroup Relations, Nelson-Hall; Chicago: 7-24.
  • Vafeas, N. (1999), "Board meeting frequency and Firm Performance-An Empirical Analysis", Journal of Financial Economics, 53:113-142
  • Watkins, J.M. and D.S. Watkins (1984), "The Female Entrepreneur: Her Background and Determinants of Business Choice-some British Data", Frontiers of Entrepreneurship Research, Wellesley, MA: Babson College.
  • Watson, J. and S. Robinson (2003), "Adjusting for Risk in Comparing the Performances of Male and Female-Controlled SMEs", Journal of Business Venturing, 18:773-788
  • Watson, W.E.; K. Kumar. and L.K. Michaelsen (1993), "Cultural diversity's impact on interaction process and performance: Comparing homogeneous and diverse task groups", Academy of Management Journal, 36:590-602
  • Weiler, S. and A. Bernasek (2001), "Dodging the Glass Ceiling? Networks and the New Wave of Female Entrepreneurs", The Social Science Journal, 38:85-103
  • Welch, C.L., D.E. Welch and L. Hewerdine (2008), "Gender and Export Behaviour: Evidence from Women-Owned Enterprises", Journal of Business Ethics, 83:113-126
  • Williams, K. and C.A. O'Reilly (1998), "Demography and diversity: A review of 40 years of research", in B. Staw and R. Sutton (Eds.) Research in organizational behavior, JAI Press: Greenwich; 77-140 (Vol 20).
  • Yermack, D. (1996), "Higher valuation of companies with a small board of directors", Journal of Financial Economics, 40:185-212