How Gender Diversity Affects Risk Profiles in Chinese Mergers and Acquisitions

Adnène Sghaier ()
Additional contact information
Adnène Sghaier: Sghaier Adnène, University of Monastir, Monastir Tunisia

China Finance and Economic Review, 2025, vol. 14, issue 2, 87-107

Abstract: This study examines the impact of mergers and acquisitions (M&A) on the risk profiles of Chinese acquiring firms and the influence of gender diversity in leadership on risk-taking behavior. Analyzing 256 transactions from 2010 to 2023, the study finds that M&A generally increases the risk profile of acquiring firms. However, gender diversity in top management and on boards significantly reduces this risk. The presence of at least three women on the boards enhances this effect, supporting the critical mass theory. The findings suggest that promoting gender diversity can improve risk management and corporate stability. This study contributes to the existing literature by examining the impact of gender diversity on the risk profiles of Chinese acquiring firms in the specific context of M&A, offering valuable insights for policymakers and practitioners.

Keywords: Chinese acquiring firms; gender diversity; top management; critical mass (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/cfer-2025-0011 (text/html)

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:bpj:cferev:v:14:y:2025:i:2:p:87-107:n:1005

DOI: 10.1515/cfer-2025-0011

Access Statistics for this article

China Finance and Economic Review is currently edited by He Dexu

More articles in China Finance and Economic Review from De Gruyter
Bibliographic data for series maintained by Peter Golla ().