Board composition and environmental innovation: does gender diversity matter?

Galia, Fabrice; Zenou, Emmanuel; Ingham, Marc

doi:10.1504/ijesb.2015.066152

Cited by 72 publications

(67 citation statements)

References 59 publications

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“…The results suggest that female ownership percentage positively affects individual innovation measures, with the exception of process innovation, as well as the composite measure of innovation. This result seems to reflect the results that are found in previous research, which studies firms in developed economies [26,[39][40][41]. Although some papers generally focus on female representation on the board of directors, the results could be comparable given that both ownership and the board of directors are the top representatives of a firm.…”

Section: Discussionsupporting

confidence: 86%

“…The study suggests that, unlike gender and education, age diversity could cause disagreements between generations, decreasing innovation. Galia et al [26] look at the effect of diversity in the board of directors on environmental innovation, and suggest that gender diversity improves the probability of innovation, age diversity increases the intensity of innovation, and an increase in the proportion of employee directors decreases both the probability and intensity of innovation. Based on the previous literature, we can infer that innovation activities in enterprises are influenced by the characteristics and organizational configuration of its human resources.…”

Section: Human Capital and Innovation: Theory And Evidencementioning

confidence: 99%

“…Several studies show that gender diversity is positively related to innovation. For example, Chen et al [39] demonstrate that greater representation of women in the board of directors leads to greater innovative success for given R&D expenditure, while Galia et al [26] show that gender diversity on the board of directors leads to a higher probability of environmental innovation. Dezso and Ross [40] also find that a greater female presence on the board leads to greater performance, especially if the firm focuses on innovative activities.…”

Section: The Effect Of Gender On Innovationmentioning

confidence: 99%

“…Østergaard et al [25] look at the diversity of the employee population, and find that gender and education diversity improves innovation performance, but age diversity has a negative relationship with innovation. Galia et al [26] show that gender diversity and age diversity in the board of directors improve innovation, but the proportion of employee directors reduces innovation. Unfortunately, studies taking this approach for innovation generally focus on developed economies, and only a handful look at emerging markets.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

The Gender Effect on a Firm’s Innovative Activities in the Emerging Economies

Shin

2019

Sustainability

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This study examines the impact of gender at three different positions in a firm’s hierarchy on innovative activities, looking at over 6474 firms in 30 emerging countries. We create a dummy variable for each of the six survey questions on product innovation, process innovation, organizational innovation, marketing innovation, and R&D (Research & Development) spending. Each dummy acts as a dependent variable in a separate logit regression, and the sum of the dummies acts as the dependent variable in another ordered logit regression. We use the female ownership percentage, female top management, and female majority in the workforce as test variables. We use the Heckman two-stage model to address endogeneity concerns with gender. We find that the female ownership percentage is generally positively related to individual innovation measures as well as the composite measure, while female top management is positively associated with marketing innovation only, and a female majority in the workforce is not significantly related to any measure. The results suggest that promoting innovation in emerging countries would involve governments encouraging further market participation by women and supporting female CEOs (Chief Executive Officers) to innovate, and firms fostering innovation among female workers.

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Section: Discussionsupporting

confidence: 86%

Section: Human Capital and Innovation: Theory And Evidencementioning

confidence: 99%

Section: The Effect Of Gender On Innovationmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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The Gender Effect on a Firm’s Innovative Activities in the Emerging Economies

Shin

2019

Sustainability

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“…Thus, board composition can be classified as an effective approach to increase moral legitimacy of the society. Galia et al [26] found a positive relationship between the probability and intensity of environmental benefits of innovation and gender diversity in a French setting. According to Nielsen/Huse [27], the ratio of women directors is positively associated with board strategic control.…”

Section: Literature Review and Hypothesesmentioning

confidence: 96%

The Impact of Supervisory Board Composition on CSR Reporting. Evidence from the German Two-Tier System

2016

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Abstract:Corporate social responsibility (CSR) reporting is becoming increasingly relevant in light of modern corporate governance. There is growing activity among empirical research in one-tier systems that considers the link between board composition and CSR reporting. This study is the first of its kind on the German two-tier system with special regard for the supervisory board. We analyze gender diversity, expertise, the presence of former managers, frequency of meetings, and the size of the supervisory board. Our multiple regressions indicate that gender diversity has a positive impact on CSR disclosure intensity, which is in line with prior studies on one-tier systems. Our findings have implications for both users and public policy and suggest that current European corporate governance regulations could help to increase the decision usefulness of CSR reporting.

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Do independent, female and specialist directors promote eco‐innovation and eco‐design in agri‐food firms?

2020

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Eco‐innovation and eco‐design strategies are associated with firms' innovation capabilities. Moreover, they may impact on access to public subsidies and on financial performance. In this respect, the agri‐food industry is especially vulnerable, because in general, this sector has less experience of technological innovation, and managers are more likely to be averse to such projects. On the other hand, the board may promote a proactive environmental approach to defend the interests of investors and other stakeholders, taking the view that these strategies reduce the environmental impact of the firm's products and its production processes and are therefore beneficial. Our study aim is to identify the profile of directors who may be favourable to eco‐design and eco‐innovation strategies, focusing on the traits of independence, gender diversity and environmental specialisation. The results obtained, from a dependence model based on panel data supplied by 321 agri‐food companies for the period 2002–2017 (unbalanced panel data with 4878 observations), show that independent directors play a crucial role in implementing eco‐innovation and eco‐design projects. However, neither the diversity nor the specialisation of directors is a significant factor in this regard.

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Board composition and environmental innovation: does gender diversity matter?

Cited by 72 publications

References 59 publications

The Gender Effect on a Firm’s Innovative Activities in the Emerging Economies

The Gender Effect on a Firm’s Innovative Activities in the Emerging Economies

The Impact of Supervisory Board Composition on CSR Reporting. Evidence from the German Two-Tier System

Do independent, female and specialist directors promote eco‐innovation and eco‐design in agri‐food firms?

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