Residential College | false |
Status | 已發表Published |
How do female directors improve board governance? A mechanism based on norm changes | |
Srinidhi, Bin1; Sun, Ye2; Zhang, Hao3; Chen, Shiqiang3 | |
2020-04-01 | |
Source Publication | Journal of Contemporary Accounting & Economics |
ABS Journal Level | 2 |
ISSN | 1815-5669 |
Volume | 16Issue:1Pages:100181 |
Abstract | Prior literature documents that corporate boards with female directors produce better governance outcomes than all-male boards. However, female directors constitute the minority on most boards, which precludes majority voting as the mechanism through which they change board decisions. We identify changing the norms of how the board works as this mechanism. Using the market for norms framework, we explain how female directors are effective even without possessing a board majority or other sources of symbolic power, such as hierarchical authority and social gravitas. Empirically, we show that independent female directors, compared to their male counterparts, are more effective at changing board norms (board processes) and improving governance (board outputs). |
Keyword | Board Gender Diversity Board Outcomes Governance Market For Norms Norm Change |
DOI | 10.1016/j.jcae.2019.100181 |
URL | View the original |
Indexed By | SSCI |
Language | 英語English |
WOS Research Area | Business & Economics |
WOS Subject | Business, Finance ; Economics |
WOS ID | WOS:000525251300004 |
Publisher | ELSEVIER SCI LTDTHE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLAND |
Scopus ID | 2-s2.0-85077657633 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | Faculty of Business Administration DEPARTMENT OF ACCOUNTING AND INFORMATION MANAGEMENT |
Corresponding Author | Zhang, Hao |
Affiliation | 1.Department of Accounting, University of Texas at Arlington, United States 2.Shenzhen Stock Exchange Research Institute, Shenzhen, China 3.Department of Accounting and Information Management, University of Macau, Macau, China |
Corresponding Author Affilication | University of Macau |
Recommended Citation GB/T 7714 | Srinidhi, Bin,Sun, Ye,Zhang, Hao,et al. How do female directors improve board governance? A mechanism based on norm changes[J]. Journal of Contemporary Accounting & Economics, 2020, 16(1), 100181. |
APA | Srinidhi, Bin., Sun, Ye., Zhang, Hao., & Chen, Shiqiang (2020). How do female directors improve board governance? A mechanism based on norm changes. Journal of Contemporary Accounting & Economics, 16(1), 100181. |
MLA | Srinidhi, Bin,et al."How do female directors improve board governance? A mechanism based on norm changes".Journal of Contemporary Accounting & Economics 16.1(2020):100181. |
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