Women directors and disclosure of intellectual capital information

European Research on Management and Business Economics

Russell Craig¹  Francisca Tejedo-Romero²  Lúcia Lima Rodrigues³ 

[1] Portsmouth Business School, Richmond Building, Portland Street, Portsmouth, Hampshire PO1 3DE, UK;Universidad de Castilla-La Mancha, Facultad de Ciencias Económicas y Empresariales, Plaza de la Universidad, 1, 02071 Albacete, Spain;University of Minho, GOVCOPP, Gualtar Campus, Braga 4709, Portugal;

关键词: Women;    Directors;    Intellectual capital;    Disclosure;   

DOI  :  10.1016/j.iedeen.2017.06.003

来源: DOAJ

【 摘 要 】

This paper uses a resource-based perspective and balanced panel data analysis to explore whether the representation of women on the boards of directors of Spanish companies is associated with an increase in voluntary disclosure of information concerning intellectual capital [IC]. We find that gender diversity is a complementary corporate governance mechanism that has a significant positive effect on levels of disclosure of IC information. This appears due to the presence of women on boards serving to prompt stronger monitoring and oversight behaviour. Our findings should encourage support for policies that will increase current levels of representation of women on corporate boards and influence the setting of corporate governance requirements relating to disclosure by capital market regulators.

【 授权许可】

Unknown