“…The basis of most of the studies cited in the paper includes either the principal agent theory or stakeholder theory, or the combination stakeholder agency theory (Hill & Jones, 1992;Laplume, Sonpar, & Litz, 2008). Various results of gender differences on boards have been reported: more effective communication capabilities (Wood, Polek, & Aiken, 1985), increased incentives to ask critical questions (Konrad, Kramer, & Erkut, 2008), and better group thinking (Wood et al, 1985). Various results of gender differences on boards have been reported: more effective communication capabilities (Wood, Polek, & Aiken, 1985), increased incentives to ask critical questions (Konrad, Kramer, & Erkut, 2008), and better group thinking (Wood et al, 1985).…”