We examine the impact of board tenure diversity on firm risk in 37 countries. Using a difference-in-differences design facilitated by corporate reforms across world, we find that leads to lower stock return volatility. This effect is more pronounced among firms with longer tenures, which are likely result entrenchment and weak monitoring. The positive reducing weakened individualistic higher po...

This study investigates the relationship between gender diversity on board and dividend payouts in China using a large sample over period 2003–2017. Our results provide robust strong evidence showing that is positively associated with cash payments of dividends. The empirical outcomes confirm facilitates corporate governance subsequently promotes payouts. We demonstrate has greatest effect when...

The effects of board gender diversity (BGD) on financial stability institutions have long been an important topic, creating a rich strand literature that focuses extensively banks. Meanwhile, little is known about the implications BGD risk in microfinance (MFI). This study aims to fill this gap. Using data sample retrieved from MIX Market database spanning 2009–2018 period and random-effects es...

Based on agency theory, this paper contributes to the literature by assessing effects of Supervisory Board size, gender diversity, and multiple directorship performance within banking industry small island developing state: Curacao. The research made use data drawn from annual reports locally generated banks its subsidiaries. Results linear regressions indicate a positive relationship between b...