MAPPING THE THEMES OF GENDER DIVERSITY IN BOARDS: A THEMATIC ANALYSIS
DOI:
https://doi.org/10.18623/rvd.v23.5738Palavras-chave:
Board Gender Diversity, Corporate Governance, Critical Mass Theory, Director Competence, Literature ReviewResumo
This paper employs a database of 139 peer-reviewed sources to undertake a thematic analysis of existing literature on the gender diversity of boards of directors. Subsequently, evidence and theoretical insights from agency theory, resource dependence theory, stewardship theory, and critical mass theory are synthesized to illuminate the relationship between board gender diversity and corporate governance. The findings demonstrate that research on gender diversity of boards is associated with corporate social responsibility (CSR), financial performance, innovation, disclosure quality, and tax aggressiveness. Empirical results are also conditional on several moderating factors, including board independence, ownership structure, and the institutional environment. Notably, regardless of gender or diversity, the most important attributes of board members are competence, expertise, and qualifications. Following the organization of the variables studied in the previous chapters, the article identifies convergences, divergences, and gaps in the literature and uses the material to synthesize current knowledge on board gender diversity and to suggest avenues for future research.
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