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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 and Adams, Kweku and Kimani, Danson and Ullah, Subhan (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. ISSN 0040-1625

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Abstract

This paper contributes to burgeoning research concerning the relationship between boardroom gender diversity and corporate innovation. The paper deploys a multitheoretical 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.

Item Type: Article
Uncontrolled Keywords: Gender diversity, National culture, Institutional environment, Multinational corporations, Emerging economies, Firm innovation
Divisions: Faculty of Social Sciences > Essex Business School
Faculty of Social Sciences > Essex Business School > Essex Accounting Centre
Depositing User: Elements
Date Deposited: 17 Aug 2020 08:46
Last Modified: 24 Sep 2020 16:15
URI: http://repository.essex.ac.uk/id/eprint/28486

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