Chief Executive Officer attributes, board structures, gender diversity and firm performance among French CAC 40 listed firms

Ahmadi, Ali; Nakaa, Nejia; Bouri, Abdelfettah

doi:10.1016/j.ribaf.2017.07.083

Cited by 126 publications

(132 citation statements)

References 56 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The size of directors, the age of directors, and the percentage of female variables have a significant positive relation to the dependent variable of risky assets ratio. In line with Ahmadi et al [17] companies with gender diversity present highlevel financial performance, as measured by ROE and ROA.…”

Section: B Resultssupporting

confidence: 78%

Board Characteristics and Bank Portfolio Risk

Fariza¹,

Chalid²

2019

Proceedings of the 12th International Conference on Business and Management Research (ICBMR 2018)

View full text Add to dashboard Cite

This study aims to analyze the effect of the characteristics of boards on bank portfolio risk. Using data from 74 commercial banks in Indonesia in 2011-2017, this research performs panel data regression. The result of data analysis using panel data fixed-effect model shows that the characteristics of directors, age, gender, and the education level have influences on bank portfolio risk. Moreover, bank-specific factors such as the size of the managed public savings, the number of loans granted, the level of profitability also have significant effects on the level of bank risk. These results indicate that the characteristics of the board of directors, as the specific factors of banks, influence the level of risk of banks in Indonesia.

show abstract

Section: B Resultssupporting

confidence: 78%

Board Characteristics and Bank Portfolio Risk

Fariza¹,

Chalid²

2019

Proceedings of the 12th International Conference on Business and Management Research (ICBMR 2018)

View full text Add to dashboard Cite

show abstract

“…In contrast to the studies supporting a negative correlation between CEO duality and firm performance, some empirical studies find no relationship between the dual role of a leadership structure and firm performance (Belkhir, 2009;Dahya and McConnell, 2007;Drakos and Bekiris, 2010;Kiel and Nicholson, 2003;Weir et al, 2002;Wintoki et al, 2012;Young et al, 2008), while others support the notion that firms which combine the roles of CEO and the chairman of the board outperform those with separated roles (Ahmadi et al, 2018;Al Farooque et al, 2007;Ramdani and van Witteloostuijn, 2010;Tian and Lau, 2001).…”

Section: Board Characteristics and Firm Performancementioning

confidence: 91%

Ownership structure, board of directors and firm performance: evidence from Taiwan

Kao¹,

2019

View full text Add to dashboard Cite

Purpose Using a data set of listed firms domiciled in Taiwan, this paper aims to empirically assess the effects of ownership structure and board of directors on firm value. Design/methodology/approach Using a sample of Taiwanese listed firms from 1997 to 2015, this study uses a panel estimation to exploit both the cross-section and time–series nature of the data. Furthermore, two stage least squares (2SLS) regression model is used as robustness test to mitigate the endogeneity issue. Findings The main results show that the higher the proportion of independent directors, the smaller the board size, together with a two-tier board system and no chief executive officer duality, the stronger the firm’s performance. With respect to ownership structure, block-holders’ ownership, institutional ownership, foreign ownership and family ownership are all positively related to firm value. Research limitations/implications Although the Taiwanese corporate governance reform concerning the independent director system which is mandatory only for newly-listed companies is successful, the regulatory authority should require all listed companies to appoint independent directors to further enhance the Taiwanese corporate governance. Originality/value First, unlike most of the previous literature on Western developed countries, this study examines the effects of corporate governance mechanisms on firm performance in a newly industrialised country, Taiwan. Second, while a number of studies used a single indicator of firm performance, this study examines both accounting-based and market-based firm performance. Third, this study addresses the endogeneity issue between corporate governance factors and firm performance by using 2SLS estimation, and details the econometric tests for justifying the appropriateness of using 2SLS estimation.

show abstract

“…This area of literature shows that gender diversity is relevant to the decision-making process of a firm; it enables a company to achieve a good governance structure [55], ethical and strategic decision-making processes [56], economic and financial efficiency [57], and more transparency [58]. This allows the board of directors to plan the firm's strategy, taking into account the interests of several groups of stakeholders [59] with the consequence of reputational growth and high financial performance [19,52,54].…”

Section: The Moderating Role Of the Board Of Directors' Gender On Thementioning

confidence: 99%

The Role of Gender Diversity on Tax Aggressiveness and Corporate Social Responsibility: Evidence from Italian Listed Companies

et al. 2020

View full text Add to dashboard Cite

The paper aims to examine the moderating role of gender diversity within a corporate board on the relationship between tax aggressiveness and a firm’s corporate social responsibility (CSR) approach. This analysis was conducted using a set of indicators of financial statements of 168 Italian listed firms between 2011 and 2018. In addition, the sustainability reports of the same companies were observed. To perform the analysis a logit regression model is used. This paper shows different empirical results. First, this study notes that there is not a direct relationship between tax aggressiveness and CSR reporting. Second, gender diversity in a board of directors increases the orientation of companies to CSR disclosure, but does not have an impact on the relationship between tax aggressiveness and CSR disclosure. Instead, CEO gender has a positive influence on the relationship between corporate tax planning and CSR reporting in accordance with Global Reporting Initiative (GRI) standards. This study emphasizes the key role of gender diversity in the growth of the CSR approach and the reputation of companies. Therefore, governments and policymakers of major countries should promote gender diversity in corporate decision-making bodies, which contributes to achieving the Sustainable Development Goals (SDGs).

show abstract

Chief Executive Officer attributes, board structures, gender diversity and firm performance among French CAC 40 listed firms

Cited by 126 publications

References 56 publications

Board Characteristics and Bank Portfolio Risk

Board Characteristics and Bank Portfolio Risk

Ownership structure, board of directors and firm performance: evidence from Taiwan

The Role of Gender Diversity on Tax Aggressiveness and Corporate Social Responsibility: Evidence from Italian Listed Companies

Contact Info

Product

Resources

About