RT info:eu-repo/semantics/article
T1 The pathways of board diversity in European contexts: Exploring the influence of director types on firm performance
A1 Hernández Atienza, Fernando
A1 Rodríguez Sanz, Juan Antonio
A1 Tejerina Gaite, Fernando Adolfo
K1 Diversity
K1 Board of directors
K1 Firm performance
K1 Director type
K1 Agency theory
K1 Resource dependence theory
AB 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.
PB Elsevier
SN 0275-5319
YR 2024
FD 2024
LK https://uvadoc.uva.es/handle/10324/73260
UL https://uvadoc.uva.es/handle/10324/73260
LA eng
NO Research in International Business and Finance, octubre 2024, vol. 72(A), 102501
NO Producción Científica
DS UVaDOC
RD 22-ene-2025