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Board Gender Diversity and Firm Performance: Integrating Agency and Institutional Theory
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Author(s): Reem Khamis (Brunel University London, UK & Ahlia University, Bahrain), Elisabetta Barone (Brunel University London, UK), Adel Sarea (Ahlia University, Bahrain)and Allam Mohammed Hamdan (Ahlia University, Bahrain)
Copyright: 2019
Pages: 10
Source title:
Handbook of Research on Women in Management and the Global Labor Market
Source Author(s)/Editor(s): Elisabeth T. Pereira (University of Aveiro, Portugal)and Paola Paoloni (Sapienza University of Rome, Italy)
DOI: 10.4018/978-1-5225-9171-9.ch015
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Abstract
This chapter aims at investigating board gender diversity and firm performance by integrating two theoretical backgrounds (agency theory and institutional theory). Board gender diversity has been investigated by using firm level theories such as agency theory and stewardship theory. Resource dependence theory, which links the board to the external environment of the firm, was also implemented in order to better understand how board gender diversity would affect firm performance. However, results were inconsistent. This study tries to integrate agency theory with institutional theory under the assumption that firms are affected by endogenous and exogenous factors that would eventually affect its outcomes such as performance.
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