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Is Board Gender Diversity a Driver of CEO Compensation?: Examining the Leadership Style of Institutional Women Directors
dc.contributor.author | Pucheta-Martínez, María Consuelo | |
dc.contributor.author | Bel-Oms, Inmaculada | |
dc.contributor.author | Olcina-Sempere, Gustau | |
dc.date.accessioned | 2018-05-29T06:57:37Z | |
dc.date.available | 2018-05-29T06:57:37Z | |
dc.date.issued | 2017 | |
dc.identifier.citation | PUCHETA-MARTÍNEZ, María Consuelo; BEL-OMS, Inmaculada; OLCINA-SEMPERE, Gustau. Is Board Gender Diversity a Driver of CEO Compensation?. Asian Women, 2017, vol. 33, no 4, p. 55-80 | ca_CA |
dc.identifier.issn | 1225-925X | |
dc.identifier.uri | http://hdl.handle.net/10234/174851 | |
dc.description.abstract | In this investigation, we aim at examining the influence of institutional female directors on CEO compensation. Specifically, we investigate the impact of institutional female directors as a whole, differentiating by whether female directors have business ties with the firms’ boards on which they sit (pressure-sensitive female directors) or do not have business links (pressure-resistant female directors). We hypothesize that there is a nonlinear association, specifically quadratic, between institutional, pressureresistant and pressure-sensitive female directors on boards, and CEO compensation. Our findings show that CEO compensation decreases with low levels of institutional female directors and pressure-resistant female directors on boards, but when their presence on boards increases beyond a certain threshold, CEO compensation also increases. We also find that CEO compensation is not affected by pressure-sensitive female directors on boards. These findings support the premise that institutional female directors on boards cannot be considered a homogeneous group, but play an important role in managerial monitoring and remuneration policies, thus affecting the corporate governance system. | ca_CA |
dc.format.extent | 26 p. | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | Research Institute of Asian Women, Sookmyung Women's University | ca_CA |
dc.relation.isPartOf | Asian Women, 2017, vol. 33, no 4 | ca_CA |
dc.rights | Copyright 2017 by the Research Institute of Asian Women, Sookmyung Women's University. | ca_CA |
dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | * |
dc.subject | board gender diversity | ca_CA |
dc.subject | CEO compensation | ca_CA |
dc.subject | institutional women directors | ca_CA |
dc.subject | pressure-sensitive women directors | ca_CA |
dc.subject | pressure-resistant women directors | ca_CA |
dc.title | Is Board Gender Diversity a Driver of CEO Compensation?: Examining the Leadership Style of Institutional Women Directors | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | https://doi.org/10.14431/aw.2017.12.33.4.55 | |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.relation.publisherVersion | http://www.e-asianwomen.org/_common/do.php?a=full&b=21&bidx=930&aidx=12431 | ca_CA |
dc.type.version | info:eu-repo/semantics/publishedVersion | ca_CA |
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