Board director disciplinary and cognitive influence on corporate value creation

Nadia Ben Farhat Toumi (), Ramzi Benkraiem and Amal Hamrouni
Additional contact information
Nadia Ben Farhat Toumi: UNS - Université Nice Sophia Antipolis (1965 - 2019)
Amal Hamrouni: La Rochelle Business School

Post-Print from HAL

Abstract: Purpose – This paper aims to investigate board director disciplinary and cognitive influence on corporate value creation. Design/methodology/approach – Fixed-effect regressions are used to check whether gender diversity, education, independence and size of the board of directors affect measures of corporate value creation. Findings – The empirical results show that corporate value creation is positively influenced by the cross effect of the board independence and the presence of women. They also point out a positive impact of the cross effect of board independence and management education. They reveal that the board of directors contributes significantly to corporate value creation, particularly when there is a mix of independent, female and management-qualified directors. Originality/value – The evidence presented and discussed in this paper should be of interest to managers and regulators. The methodological approach and the empirical results extend the existing literature. They enrich the limited empirical research devoted to this theme, especially in a continental European context, i.e. France. They shed light on the effect of board of directors' disciplinary and cognitive influence on corporate value creation.

Keywords: Board of directors; Corporate governance (search for similar items in EconPapers)
Date: 2016-09-11
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Published in Corporate Governance: The international journal of business in society, 2016, 16 (3), pp.564-578. ⟨10.1108/CG-09-2015-0123⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01363698

DOI: 10.1108/CG-09-2015-0123

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().