Work

When Do Women Make a Better Table? Examining the Influence of Women Directors on Family Firm’s Corporate Social Performance

Year: 2018

Type: article

Abstract: Our paper seeks to further understand the influence of gender board diversity on firms’ corporate social performance (CPS) in the context of publicly held family firms. Grounded on corporate governance and family firm literature, we argue that the influence of women directors on CSP will be contingent on their relative power and legitimacy within the board, and that such dynamics are particularly important in family firm boardrooms. Our empirical results show that increases in CSP associated with the presence of women in the boards of family firms are due mainly to the presence of outsider nonfamily and insider family women directors. Implications for the theory of family firms are discussed.

Source: Entrepreneurship Theory and Practice

DOI: 10.1177/1042258718796080

Authors: Cristina Cruz, Rachida Justo, Martín Larraza-Kintana, Lucía Garcés-Galdeano

Institutions: Universidad Pública de Navarra (UPNA), Instituto de Investigación Avanzada en Empresa y Economía

Language: English

Topic: Family Business Performance and Succession

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Gender equality

Open Access status: green

Funder: Ministerio de Economía y Competitividad