Women Directors’ Specific Attributes and Company Performance: Insights from a Mixed Method Study in Malaysia

Asian Journal of Business and Accounting, Journal Year: 2024, Volume and Issue: 17(2), P. 33 - 69

Published: Dec. 31, 2024

Research aims: Drawing on resource dependence and human capital theory, this study aims to analyse the relationship between specific attributes of women directors company performance, specifically market performance proxied by Tobin’s Q. Design/Methodology/Approach: Data for analysis are extracted from Top 100 Malaysian companies listed in Minority Shareholders Watch Group’s Corporate Governance Scorecard 2018-2021. This is supported data interviews with board top management understand impact gender diversity company’s performance. findings: The findings suggest that ethnicity competency among positively significantly affects Additionally, results demonstrate proportion Blau’s show no valuation. Moreover, also explores whether COVID-19 pandemic types directorships have effects nexus. Theoretical contribution/Originality: current study’s enrich literature outlining importance having diverse directors. Unlike many previous studies, incorporates both quantitative qualitative approaches, derived several interview sessions key industry players, limited findings. Practitioner/Policy implication: led policy recommendations stakeholders, suggesting regulators should encourage focus qualities rather than just numbers when appointing Policy extending training senior level reviewing number years may be used provide a roadmap regulators, policymakers better meet national agenda directors’ appointments. approach could benefit male enhance overall dynamics, ultimately advancing diversity. limitation: Future studies consider other directors, such as age, experience, expertise political ideologies. In addition, theories, like upper echelon legitimacy integrated into understanding role affecting

Language: Английский

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Much ado about diversity? The perpetuation of old elites on corporate boards

Managerial and Decision Economics, Journal Year: 2022, Volume and Issue: 43(8), P. 3263 - 3285

Published: April 5, 2022

Despite ubiquitous diversity pledges, many corporate boards still closely resemble those of the past, in that they are largely composed directors with distinct elite backgrounds. Our study asks why some firms have more than others. We draw on theory and organizational change stability literature to argue elite's inherent propensity self‐perpetuate is stronger characterized by stability. empirical results, based a Japanese sample, support our claim. add debate board composition concluding old likely retain its importance future provide suitable setting for perpetuation.

Language: Английский

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MNCs’ orchestration capability of the 3Ds and financial performance

Review of International Business and Strategy, Journal Year: 2022, Volume and Issue: 33(1), P. 79 - 104

Published: Dec. 20, 2022

Purpose In today’s ever-increasing context of volatile, uncertain, complex and ambiguous market conditions, the shifts countries’ protectionist policies toward inward Foreign Direct Investment (FDI), an increased gap between headquarters’ (HQ) subsidiaries’ perspectives on what makes business sense, it has become apparent that challenges foreign expansion are becoming more severe require a multidimensional dynamic approach. The authors draw from orchestration theory, capabilities literature previous dimensions internationalization [specifically, density, geographic distance degree diversity multinational corporation (MNC) subsidiary network] to argue firms must enhance their capability. doing so, this study aims highlight nuances orchestrating three-dimensional (3D) conceptualization MNCs’ international configurations. Design/methodology/approach analyzed patterns configurations adopted by MNCs. This sample was made up configuration 78 Fortune 500 MNCs consisting 3,318 subsidiaries. Furthermore, examined impact different 3Ds firm performance using ordinary least squares regression analysis. Findings While research did indicate three frequently than others, found with characterized high low internetwork scope had positive performance. Practical implications is often motivated financial or market/resource gains, also impacted firm’s capability profile. Thus, as seek continue expand globally, they assess and, if needed, develop management team’s capability, which includes effectively determining how addition removal will dynamics MNC’s configuration. Finally, team needs be able devise plans respond potential associated each these dimensions. Originality/value contribution bringing lens extant examining multinationality relationship highlighting importance process needed for manage increasingly networks. It conceptually explains empirically supports some likely yield higher returns can act guide seeking in geographically distant well diverse sectors. highlights need simultaneous approach examination relationship. tradeoffs address across theoretical acknowledges differences perspective exist HQs

Language: Английский

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