Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7368914 | Journal of Multinational Financial Management | 2017 | 40 Pages |
Abstract
The study examines the effect of female directors on firm performance for Indian firms, where the domination of family firms and a patriarchal society may reduce the importance of female directors. Our empirical results suggest that the gender diversity does not matter for Indian firms. Our further results support this finding by indicating that female directors face more attendance problems compared to male directors, and are less likely to be appointed in monitoring-related committees. Overall, our results strengthen the tokenism status theory associated with female directors, especially in family-owned firms and in a patriarchal society.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Yogesh Chauhan, Dipanjan Kumar Dey,