Rexford Attah-Boakye
The impact of board gender diversity and national culture on corporate innovation: a multi- country analysis of multinational corporations operating in emerging economies
Attah-Boakye, Rexford; Adams, Kweku; Kimani, Danson; Ullah, Subhan
Authors
Kweku Adams
Danson Kimani
Subhan Ullah
Abstract
This paper contributes to burgeoning research concerning the relationship between boardroom gender diversity and corporate innovation. The paper deploys a multi-theoretical framework comprising insights from the upper echelons, resource-dependency, and institutional theories, and the Hofstede's cultural dimensions framework. We test a panel dataset for 472 multinationals in 21 emerging economies, covering nine years (2009-2018). Our findings reveal that gender diversity is positively associated with corporate innovation. We also find that local factors such as national norms, cultural values, and country-level institutional quality influence boardroom gender diversity, level of investment in research and development (R&D), and corporate innovation. The paper concludes by providing policy and managerial recommendations on how to promote firm R&D within emerging markets contexts.
Citation
Attah-Boakye, R., Adams, K., Kimani, D., & Ullah, S. (2020). The impact of board gender diversity and national culture on corporate innovation: a multi- country analysis of multinational corporations operating in emerging economies. Technological Forecasting and Social Change, 161, Article 120247. https://doi.org/10.1016/j.techfore.2020.120247
Journal Article Type | Article |
---|---|
Acceptance Date | Aug 8, 2020 |
Online Publication Date | Aug 22, 2020 |
Publication Date | 2020-12 |
Deposit Date | Dec 28, 2020 |
Publicly Available Date | Mar 29, 2024 |
Journal | Technological Forecasting and Social Change |
Print ISSN | 0040-1625 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 161 |
Article Number | 120247 |
DOI | https://doi.org/10.1016/j.techfore.2020.120247 |
Keywords | Gender diversity; National culture; Institutional environment; Multinational corporations (MNCs); Emerging economies; Firm innovation |
Public URL | https://hull-repository.worktribe.com/output/3556687 |
Publisher URL | https://www.sciencedirect.com/science/article/abs/pii/S0040162520310738 |
Related Public URLs | https://nottingham-repository.worktribe.com/output/4829037/the-impact-of-board-gender-diversity-and-national-culture-on-corporate-innovation-a-multi-country-analysis-of-multinational-corporations-operating-in-emerging-economies |
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https://creativecommons.org/licenses/by-nc-nd/4.0/
Copyright Statement
©2020. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
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