Corporate board diversity and its impact on the socialperformance of companies from emerging economies

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Tarih

2021

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Wiley

Erişim Hakkı

info:eu-repo/semantics/openAccess

Araştırma projeleri

Organizasyon Birimleri

Dergi sayısı

Özet

Gender diversity, and to a lesser extent cultural diversity, have become a focus of interest as predictors of corporate social performance. Based on a sample of 6150 observations from 1230 companies in 18 emerging economies, this article examines the influence of board cultural and gender diversity on three measures of corporate social performance: workforce, community, and product responsibility. Using structural equation modeling, it shows that the existence of board cultural and gender diversity positively affects the workforce, community, and product responsibility performance of companies. Concerning gender diversity, the results largely support other empirical studies. Our findings also contribute to the under-researched area of cultural diversity. This study adds value to the existing literature on corporate board diversity, and can be used as a guide for companies in their pursuit of diversity.

Açıklama

Anahtar Kelimeler

Cultural Diversity, Emerging Economies, Gender Diversity, Non-financial Performance, Social Performance

Kaynak

Global Business and Organizational Excellence

WoS Q Değeri

Scopus Q Değeri

Q3

Cilt

Sayı

Künye

Yılmaz, M.K., Hacıoğlu, Ü., Nantembelele F.A. ve Sowe, S. (2021). Corporate board diversity and its impact on the socialperformance of companies from emerging economies. Global Business and Organizational Excellence. DOI: 10.1002/joe.22135