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Social Sustainability on Corporate Boards: The Effects of Female Family Members on R&D

  • Datos identificativos

    Identificador: imarina:9172911
    Autores:
    Hernandez-Lara, Ana BeatrizGonzales-Bustos, Juan PabloAlarcon-Alarcon, Amado
    Resumen:
    There is growing institutional and social pressure for greater balance, parity, and equality at the highest levels of corporations. This is coupled with an increasing interest in analysing the effects of gender diversity on corporate boards. However, companies may only reap the benefits of gender diversity by achieving better qualified and more independent boards. This study aims to contribute to the open debate on the effects of board gender diversity on R&D, by taking into account the independence of female directors. Panel regression analyses were performed with data for 67 Spanish-listed companies during the 2003–2019 period. Our results confirm the positive effects of gender diversity on R&D. However, this positive influence is lower if female directors have family links with male members on the board. These findings have policy implications, regarding the need to increase gender equality in corporate boards for social and sustainability purposes, while the benefits are conditioned by the independence of female directors. The value of this research rests on the study of the effects, beyond the mere analysis of financial performance of the gender diversity of boards.
  • Otros:

    Autor según el artículo: Hernandez-Lara, Ana Beatriz; Gonzales-Bustos, Juan Pablo; Alarcon-Alarcon, Amado
    Departamento: Gestió d'Empreses
    Autor/es de la URV: Alarcón Alarcón, Amado / Gonzales Bustos, Juan Pablo / Hernandez Lara, Ana Beatriz
    Palabras clave: Social sustainability R& R&d Innovation Gender diversity Female family members D Corporate boards
    Resumen: There is growing institutional and social pressure for greater balance, parity, and equality at the highest levels of corporations. This is coupled with an increasing interest in analysing the effects of gender diversity on corporate boards. However, companies may only reap the benefits of gender diversity by achieving better qualified and more independent boards. This study aims to contribute to the open debate on the effects of board gender diversity on R&D, by taking into account the independence of female directors. Panel regression analyses were performed with data for 67 Spanish-listed companies during the 2003–2019 period. Our results confirm the positive effects of gender diversity on R&D. However, this positive influence is lower if female directors have family links with male members on the board. These findings have policy implications, regarding the need to increase gender equality in corporate boards for social and sustainability purposes, while the benefits are conditioned by the independence of female directors. The value of this research rests on the study of the effects, beyond the mere analysis of financial performance of the gender diversity of boards.
    Áreas temáticas: Zootecnia / recursos pesqueiros Renewable energy, sustainability and the environment Ren Medicina i Management, monitoring, policy and law Interdisciplinar Historia Hardware and architecture Green & sustainable science & technology Geography, planning and development Geografía Geociências Environmental studies Environmental sciences Environmental science (miscellaneous) Ensino Engenharias iii Engenharias ii Engenharias i Enfermagem Energy engineering and power technology Education Computer science (miscellaneous) Computer networks and communications Ciências agrárias i Building and construction Biotecnología Biodiversidade Arquitetura, urbanismo e design Arquitetura e urbanismo
    Acceso a la licencia de uso: https://creativecommons.org/licenses/by/3.0/es/
    Direcció de correo del autor: juanpablo.gonzales@urv.cat amado.alarcon@urv.cat anabeatriz.hernandez@urv.cat
    Identificador del autor: 0000-0003-2356-5752 0000-0003-4640-2681 0000-0002-8110-9328
    Fecha de alta del registro: 2024-08-24
    Versión del articulo depositado: info:eu-repo/semantics/publishedVersion
    Enlace a la fuente original: https://www.mdpi.com/2071-1050/13/4/1982
    URL Documento de licencia: https://repositori.urv.cat/ca/proteccio-de-dades/
    Referencia al articulo segun fuente origial: Sustainability. 13 (4): 1-13
    Referencia de l'ítem segons les normes APA: Hernandez-Lara, Ana Beatriz; Gonzales-Bustos, Juan Pablo; Alarcon-Alarcon, Amado (2021). Social Sustainability on Corporate Boards: The Effects of Female Family Members on R&D . Sustainability, 13(4), 1-13. DOI: 10.3390/su13041982
    DOI del artículo: 10.3390/su13041982
    Entidad: Universitat Rovira i Virgili
    Año de publicación de la revista: 2021
    Tipo de publicación: Journal Publications
  • Palabras clave:

    Computer Networks and Communications,Education,Energy Engineering and Power Technology,Environmental Science (Miscellaneous),Environmental Sciences,Environmental Studies,Geography, Planning and Development,Green & Sustainable Science & Technology,Hardware and Architecture,Management, Monitoring, Policy and Law,Ren,Renewable Energy, Sustain
    Social sustainability
    R& R&d
    Innovation
    Gender diversity
    Female family members
    D
    Corporate boards
    Zootecnia / recursos pesqueiros
    Renewable energy, sustainability and the environment
    Ren
    Medicina i
    Management, monitoring, policy and law
    Interdisciplinar
    Historia
    Hardware and architecture
    Green & sustainable science & technology
    Geography, planning and development
    Geografía
    Geociências
    Environmental studies
    Environmental sciences
    Environmental science (miscellaneous)
    Ensino
    Engenharias iii
    Engenharias ii
    Engenharias i
    Enfermagem
    Energy engineering and power technology
    Education
    Computer science (miscellaneous)
    Computer networks and communications
    Ciências agrárias i
    Building and construction
    Biotecnología
    Biodiversidade
    Arquitetura, urbanismo e design
    Arquitetura e urbanismo
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