Board gender diversity and strategic change in high-tech firms: evidence from an emerging economy
by Abubakr Saeed; Syed Shafqat Mukarram
European J. of International Management (EJIM), Vol. 17, No. 4, 2022

Abstract: This paper examines the effect of board gender diversity on strategic change in high-tech industries which are associated with high propensity of competition and uncertainty. A sample of 60 Indian high-tech firms listed on the National Stock Exchange over the period of 2008-2014 is used. First-difference generalised method of moment (GMM) estimation technique is applied for data analysis. Using upper echelon and social identity theories, results reveal that women directors positively affect strategic change in high-tech firms and their industry expertise further strengthens this relationship. Our study offers new insight to managers and policy makers that strategic involvement of women directors enables boards to deal effectively with industry environmental changes in high-tech firms, suggesting that women directors' contribution in board strategy is contingent upon the industry of the firm.

Online publication date: Mon, 06-Jun-2022

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