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oai:uvadoc.uva.es:10324/732602025-01-29T09:48:50Zcom_10324_1147com_10324_931com_10324_894col_10324_1266

Hernández Atienza, Fernando Rodríguez Sanz, Juan Antonio Tejerina Gaite, Fernando Adolfo 2025-01-09T08:35:45Z 2025-01-09T08:35:45Z 2024 Research in International Business and Finance, octubre 2024, vol. 72(A), 102501 0275-5319 https://uvadoc.uva.es/handle/10324/73260 10.1016/j.ribaf.2024.102501 102501 Research in International Business and Finance 72 Producción Científica This research paper explores the impact of board diversity on firm performance, with a particular focus on different types of board members. The study examines gender, age, tenure, education, and nationality diversity among board members for their effects on firm performance. Using a multi-country dataset and various performance proxies, the paper employs panel regression analysis to assess the relationships. The findings reveal nuanced effects of diversity, with gender diversity among independent and non-executive directors, age diversity among executive directors, and education diversity among executives showing positive impacts. The dominant pathway among these effects is the strategic role of directors, as suggested by the resource dependence theory. However, the paper also highlights the inappropriateness of a one-size-fits-all approach to board diversity, which can have either positive or negative effects depending on the context. Overall, the research contributes to the understanding of board diversity and its implications for corporate governance and firm performance. Ministerio de Ciencia e Innovación (PID2020–114797 GB-I00) application/pdf eng Elsevier info:eu-repo/semantics/openAccess http://creativecommons.org/licenses/by-nc-nd/4.0/ © 2024 The Author(s) Attribution-NonCommercial-NoDerivatives 4.0 Internacional Diversity Board of directors Firm performance Director type Agency theory Resource dependence theory The pathways of board diversity in European contexts: Exploring the influence of director types on firm performance info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://www.sciencedirect.com/science/article/pii/S0275531924002940 SI