Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies?
| Autor(a) principal: | |
|---|---|
| Data de Publicação: | 2021 |
| Outros Autores: | |
| Tipo de documento: | Artigo |
| Idioma: | eng por |
| Título da fonte: | Contextus (Fortaleza. Online) |
| Texto Completo: | http://periodicos.ufc.br/contextus/article/view/71385 |
Resumo: | This research verified the influence of gender diversity on the performance of listed companies in Brazil. Additionally, it was analyzed whether the existence of family ties between directors and executives and their colleagues affected the firms’ performance. Data from 2010 to 2017 were used, analyzed with the method of generalized moments. Results showed that less than 8% of seats on boards of directors and executive positions were held by women. It was confirmed that greater female participation in boards of directors and in executive positions leads to an increase in the performance of firms. However, the effect of the participation of directors and executives who had family ties with their colleagues was negative, opening space for discussion. |
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Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies?Mujeres a cargo: ¿La diversidad de género y la actuación de las herederas afectan el desempeño de empresas cotizadas?Mulheres no comando: A diversidade de gênero e a atuação de mulheres herdeiras afetam o desempenho de companhias listadas?gender diversityfamily connectionsperformancecorporate governancelisted companiesdiversidad de génerovínculos familiaresdesempeñogobierno corporativoempresas cotizadasdiversidade de gênerolaços familiaresdesempenhogovernança corporativaempresas listadasThis research verified the influence of gender diversity on the performance of listed companies in Brazil. Additionally, it was analyzed whether the existence of family ties between directors and executives and their colleagues affected the firms’ performance. Data from 2010 to 2017 were used, analyzed with the method of generalized moments. Results showed that less than 8% of seats on boards of directors and executive positions were held by women. It was confirmed that greater female participation in boards of directors and in executive positions leads to an increase in the performance of firms. However, the effect of the participation of directors and executives who had family ties with their colleagues was negative, opening space for discussion.Esta investigación verificó la influencia de la diversidad de género en el desempeño de empresas cotizadas en Brasil. Adicionalmente, se analizó si la existencia de vínculos familiares entre directoras y ejecutivas y sus colegas afectaba el desempeño de las empresas. Se utilizaron datos de 2010 a 2017, analizados por el método de momentos generalizados. Resultados mostraron que menos del 8% de los puestos en juntas directivas y puestos ejecutivos estaban ocupados por mujeres. Se constató que mayor participación femenina en consejos de administración y en cargos ejecutivos conlleva un incremento en el desempeño de las empresas. Sin embargo, el efecto de la participación de consejeras y ejecutivas que tenían vínculos familiares con sus colegas fue negativo, abriendo espacios de discusión.Esta pesquisa verificou a influência da diversidade de gênero no desempenho de empresas listadas no Brasil. Adicionalmente, foi analisado se a existência de laços familiares entre conselheiras e executivas e seus colegas afetava o desempenho das firmas. Utilizou-se dados de 2010 a 2017, analisados pelo método de momentos generalizados. Os resultados mostraram que menos de 8% dos assentos nos conselhos de administração e em cargos executivos eram ocupados por mulheres. Confirmou-se que uma maior participação feminina nos conselhos de administração e em cargos executivos leva ao aumento no desempenho das firmas. Entretanto, o efeito da participação de conselheiras e executivas que apresentaram laços familiares com seus colegas foi negativo, abrindo espaço para discussão.FEAAC/UFC2021-11-15info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfapplication/ziphttp://periodicos.ufc.br/contextus/article/view/7138510.19094/contextus.2021.71385Contextus - Contemporary Journal of Economics and Management; Vol 19: jan/dec 2021; 345-358Contextus – Revista Contemporánea de Economía y Gestión; Vol. 19: jan/dez 2021; 345-358Contextus – Revista Contemporânea de Economia e Gestão; v. 19: jan/dez 2021; 345-3582178-92581678-2089reponame:Contextus (Fortaleza. Online)instname:Universidade Federal do Ceará (UFC)instacron:UFCengporhttp://periodicos.ufc.br/contextus/article/view/71385/197543http://periodicos.ufc.br/contextus/article/view/71385/197544http://periodicos.ufc.br/contextus/article/view/71385/197913http://periodicos.ufc.br/contextus/article/view/71385/197914http://periodicos.ufc.br/contextus/article/view/71385/197915http://periodicos.ufc.br/contextus/article/view/71385/197916Copyright (c) 2021 Revista: apenas para a 1a. publicaçãohttp://creativecommons.org/licenses/by-nc/4.0info:eu-repo/semantics/openAccess Valcanover, Vanessa Martins Sonza, Igor Bernardi2022-02-08T12:38:24Zoai:periodicos.ufc:article/71385Revistahttp://periodicos.ufc.br/contextusPUBhttp://periodicos.ufc.br/contextus/oairevistacontextus@ufc.br2178-92581678-2089opendoar:2022-02-08T12:38:24Contextus (Fortaleza. Online) - Universidade Federal do Ceará (UFC)false |
| dc.title.none.fl_str_mv |
Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies? Mujeres a cargo: ¿La diversidad de género y la actuación de las herederas afectan el desempeño de empresas cotizadas? Mulheres no comando: A diversidade de gênero e a atuação de mulheres herdeiras afetam o desempenho de companhias listadas? |
| title |
Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies? |
| spellingShingle |
Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies? Valcanover, Vanessa Martins gender diversity family connections performance corporate governance listed companies diversidad de género vínculos familiares desempeño gobierno corporativo empresas cotizadas diversidade de gênero laços familiares desempenho governança corporativa empresas listadas |
| title_short |
Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies? |
| title_full |
Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies? |
| title_fullStr |
Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies? |
| title_full_unstemmed |
Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies? |
| title_sort |
Women in charge: Do gender diversity and the participation of female heirs affect the performance of listed companies? |
| author |
Valcanover, Vanessa Martins |
| author_facet |
Valcanover, Vanessa Martins Sonza, Igor Bernardi |
| author_role |
author |
| author2 |
Sonza, Igor Bernardi |
| author2_role |
author |
| dc.contributor.author.fl_str_mv |
Valcanover, Vanessa Martins Sonza, Igor Bernardi |
| dc.subject.por.fl_str_mv |
gender diversity family connections performance corporate governance listed companies diversidad de género vínculos familiares desempeño gobierno corporativo empresas cotizadas diversidade de gênero laços familiares desempenho governança corporativa empresas listadas |
| topic |
gender diversity family connections performance corporate governance listed companies diversidad de género vínculos familiares desempeño gobierno corporativo empresas cotizadas diversidade de gênero laços familiares desempenho governança corporativa empresas listadas |
| description |
This research verified the influence of gender diversity on the performance of listed companies in Brazil. Additionally, it was analyzed whether the existence of family ties between directors and executives and their colleagues affected the firms’ performance. Data from 2010 to 2017 were used, analyzed with the method of generalized moments. Results showed that less than 8% of seats on boards of directors and executive positions were held by women. It was confirmed that greater female participation in boards of directors and in executive positions leads to an increase in the performance of firms. However, the effect of the participation of directors and executives who had family ties with their colleagues was negative, opening space for discussion. |
| publishDate |
2021 |
| dc.date.none.fl_str_mv |
2021-11-15 |
| dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
| format |
article |
| status_str |
publishedVersion |
| dc.identifier.uri.fl_str_mv |
http://periodicos.ufc.br/contextus/article/view/71385 10.19094/contextus.2021.71385 |
| url |
http://periodicos.ufc.br/contextus/article/view/71385 |
| identifier_str_mv |
10.19094/contextus.2021.71385 |
| dc.language.iso.fl_str_mv |
eng por |
| language |
eng por |
| dc.relation.none.fl_str_mv |
http://periodicos.ufc.br/contextus/article/view/71385/197543 http://periodicos.ufc.br/contextus/article/view/71385/197544 http://periodicos.ufc.br/contextus/article/view/71385/197913 http://periodicos.ufc.br/contextus/article/view/71385/197914 http://periodicos.ufc.br/contextus/article/view/71385/197915 http://periodicos.ufc.br/contextus/article/view/71385/197916 |
| dc.rights.driver.fl_str_mv |
Copyright (c) 2021 Revista: apenas para a 1a. publicação http://creativecommons.org/licenses/by-nc/4.0 info:eu-repo/semantics/openAccess |
| rights_invalid_str_mv |
Copyright (c) 2021 Revista: apenas para a 1a. publicação http://creativecommons.org/licenses/by-nc/4.0 |
| eu_rights_str_mv |
openAccess |
| dc.format.none.fl_str_mv |
application/pdf application/pdf application/zip |
| dc.publisher.none.fl_str_mv |
FEAAC/UFC |
| publisher.none.fl_str_mv |
FEAAC/UFC |
| dc.source.none.fl_str_mv |
Contextus - Contemporary Journal of Economics and Management; Vol 19: jan/dec 2021; 345-358 Contextus – Revista Contemporánea de Economía y Gestión; Vol. 19: jan/dez 2021; 345-358 Contextus – Revista Contemporânea de Economia e Gestão; v. 19: jan/dez 2021; 345-358 2178-9258 1678-2089 reponame:Contextus (Fortaleza. Online) instname:Universidade Federal do Ceará (UFC) instacron:UFC |
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Universidade Federal do Ceará (UFC) |
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UFC |
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UFC |
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Contextus (Fortaleza. Online) |
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Contextus (Fortaleza. Online) |
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Contextus (Fortaleza. Online) - Universidade Federal do Ceará (UFC) |
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revistacontextus@ufc.br |
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1798045753575211008 |