Board gender diversity and corporate litigation
Evidence from China
Bibliographic Data
| ID | 12920622 |
|---|---|
| Authors | Xiaojing Zheng (0009-0008-5510-5041, South China University of Technology, corresponding author), Xiaoxian Wang (0000-0001-8772-1422, South China University of Technology) |
| Year | 2023 |
| Volume | 39 |
| Issue | 3 |
| Pages | 427-446 |
| Publication date | 2023-10-12 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Gender in Management An International Journal (JOURNAL) |
| Journal identifiers | ISSN: 1754-2413 • E-ISSN: 1754-2421 |
| Publisher | Emerald Publishing Limited (PUBLISHER • GB) |
| DOI | 10.1108/gm-08-2022-0272 |
| OpenAlex | W4387589998 |
| Language | EN |
| Citations received | 2 |
| References cited | 43 |
Purpose This study aims to examine the effect of board gender diversity on corporate litigation in China’s listed firms. The key questions this study addresses are: what are the effect of board gender diversity on corporate litigation in terms of both the frequency and severity of consequence, is there any heterogeneous effects of the relationships across firm performance? Design/methodology/approach A sample consists of 25,668 firm-year observations from over 3,340 firms is examined using logistic regression analysis and negative binomial regression analysis. The authors also use event study method and ordinary least square (OLS) regression to explore female directors’ effects on reducing the negative consequences of litigation. The logistic regression and OLS regression are reestimated with interaction terms when examining the firm performance heterogeneity. Findings The authors document that firms with greater female representation on their boards experience fewer and less severe corporate litigations. Moreover, in high-performing firms, board gender diversity plays a more potent role in reducing the frequency and consequences of corporate litigation than low-performing firms. Originality/value This study is among the first to examine the relationship between board gender diversity and the comprehensive corporate litigations under Chinese context. It sheds new light on China’s boardroom dynamics, offering valuable empirical implication to Chinese corporate policymakers on the role of female directors
Business · China · Context (archaeology · Corporate governance · Corporate social responsibility · Demographic economics · Diversity (politics · Econometrics · Economics · Event study · Gender diversity · Geography · Logistic regression · Negative binomial distribution · Ordinary least squares · Originality · Political science · Public relations · Statistics · Corporate Finance and Governance · Gender Diversity and Inequality · Gender Politics and Representation · Law · Psychology · Social Psychology · Accounting · Finance
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| Unique citing works | 2 |
|---|---|
| Citations per year | 1 |
| Citation span | 2024 - 2025 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |