Do women directors contribute to R&amp;D? The role of critical mass and expert power

Saggese, Sara; Sarto, Fabrizia; Viganò, Riccardo

doi:10.1007/s10997-020-09513-1

Cited by 35 publications

(31 citation statements)

References 101 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Prior research points out that the effect of women's involvement in the board on innovation is conditional on the size of the minority group of female directors (Saggese, Sarto, & Viganò, 2021), suggesting that the underrepresentation of women on the board would result in female directors being viewed as “tokens” with no bearing on innovation decisions (Torchia et al, 2011). Therefore, we conducted a post hoc analysis exploring the impact on innovation of a board with one female director and more than one female director.…”

Section: Resultsmentioning

confidence: 99%

Are family female directors catalysts of innovation in family small and medium enterprises?

Bauweraerts

Rondi

Rovelli

et al. 2022

Strategic Entrepreneurship

View full text Add to dashboard Cite

While family small and medium enterprises (SMEs) increasingly involve women in their boards, the role of female directors as catalysts of innovation is yet to be fully understood. Drawing on upper echelons theory, we examine directors' gender in conjunction with family affiliation to investigate the influence of family female directors on family SMEs' innovation. Moreover, by analyzing the contingent role of socioemotional wealth preferences, we open the black box of noneconomic aspects shaping the cognition and behavior of boards. Our analysis of a unique survey-based sample of 287 Belgian family SMEs reveals that family female directors do exert a positive influence on R&D intensity. However, according to the mixed gamble logic, this influence is filtered by the positive and negative moderation of their socioemotional wealth preferences.

show abstract

Section: Resultsmentioning

confidence: 99%

Are family female directors catalysts of innovation in family small and medium enterprises?

Bauweraerts

Rondi

Rovelli

et al. 2022

Strategic Entrepreneurship

View full text Add to dashboard Cite

show abstract

“…As women directors have significantly less experience as CEOs, they are more likely to be appointed as nonexecutive managers. However, the literature on gender diversity suggests that executive women directors diversity can positively impact company performance by fostering firm's innovation (Bernile et al, 2018;Saggese et al, 2020) and board's capabilities to be more flexible (Harrison and Klein, 2007), dealing with ambiguity (Ryan et al, 2007),and reducing the likelihood of excessive risk-taking in strategic decisions (Faccio et al, 2016;Martín-Ugedo et al, 2018). A longitudinal research on the USA for the period 1992-2004 states that it is not indifferent to choose the gender of the CEO.…”

Section: Executive Female Directors and Firm Performancementioning

confidence: 99%

Five shades of women: evidence from Italian listed firms

Rubino

Tenuta

Cambrea

2021

MEDAR

View full text Add to dashboard Cite

Purpose This paper aims to examine empirically the impact of gender diversity on corporate performance by both comparing different positions occupied by female directors on the boards and their personal-specific characteristics. Design/methodology/approach The paper examines a sample of Italian listed companies during 2006–2015. To deal with endogeneity issues, the authors use a generalized method of moments as an empirical methodology. Findings The empirical findings show that the positive effect of both independent and executive women directors on firm performance is moderated by the specific characteristics of female directors. Specifically, the analyses show that foreign and busy females negatively impact on performance. Conversely, graduate female directors strengthen the positive link between executive women and firm performance. Originality/value The paper sheds light on the consequences of appointing different types of female directors (i.e. independent, executive, graduate, foreign and busy) on firm performance. Our empirical research that investigates the association between gender diversity and performance in the Italian context based on a longitudinal study, which involves a period of ten years, allowing consideration both of the years before and after the introduction of the gender quota law (Golfo–Mosca law).

show abstract

“…Consequently, gender-segregated opinions in the computer sector are unfavorable to females, favor gender bias and sexism, and drive to fewer possibilities for women in the field (Gumbus and Grodzinsky 2004;Oost 2000). However, greater gender diversity on corporate boards is required in this sector as long as it fosters innovation and technology, as it is also associated with higher research and development intensity and more patents (Cheng and Groysberg 2020), but their critical mass is necessary (Chijoke-Mgbame et al 2020;Saggese et al 2020). Further, Vafaei et al (2021) reinforced that women executives are aligned with enhanced innovation activity independent of the firm type.…”

mentioning

confidence: 99%

Does board gender diversity affect firm performance? Empirical evidence from Standard & Poor’s 500 Information Technology Sector

et al. 2021

View full text Add to dashboard Cite

The essence of this study is to investigate the influence of the board gender diversity on firms’ accounting and market-based performance using a sample of Standard & Poor’s 500 companies belonging to the information technology sector over 12 years. Using the pooled ordinary least squares (OLS) method, the outcomes provide evidence for a positive influence of women on corporate boards on both measures of company performance, except for the percentage of female executives in the case of return on assets (ROA). After estimating the fixed effects and random-effects through panel data, the econometric outcomes show no statistically significant association among board gender diversity and ROA but a positive influence of the number and percentage of women on board on price-to-earnings ratio.

show abstract

Do women directors contribute to R&D? The role of critical mass and expert power

Cited by 35 publications

References 101 publications

Are family female directors catalysts of innovation in family small and medium enterprises?

Are family female directors catalysts of innovation in family small and medium enterprises?

Five shades of women: evidence from Italian listed firms

Does board gender diversity affect firm performance? Empirical evidence from Standard & Poor’s 500 Information Technology Sector

Contact Info

Product

Resources

About