Do women on board of directors have an impact on corporate governance quality and firm performance? A literature review
by Patrick Velte
International Journal of Sustainable Strategic Management (IJSSM), Vol. 5, No. 4, 2017

Abstract: Women on board of directors (WOBD) should contribute to a sustainable strategic management with regard to the increased stakeholder demand on social and environmental issues. This literature review evaluates 200 empirical research studies on the impact of WOBD on corporate governance quality and firm performance. We briefly introduce the theoretical and empirical WOBD framework. This is followed by a discussion of WOBD effectiveness which aims to enhance corporate governance quality, and is divided into the following areas: 1) financial reporting; 2) corporate social responsibility (CSR) reporting; 3) audit; 4) corporate philanthropy. We will then evaluate the impact of WOBD on; 5) financial performance; 6) CSR performance. Furthermore, we will summarise the key findings in each area, and provide a description of the analysed proxies for corporate governance quality and firm performance. Finally, we will discuss the limitations of the studies and give useful recommendations for future empirical research activities in this topic.

Online publication date: Sun, 07-Jan-2018

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Sustainable Strategic Management (IJSSM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com