EconPapers    
Economics at your fingertips  
 

The impact of board gender diversity and national culture on corporate innovation: A multi-country analysis of multinational corporations operating in emerging economies

Rexford Attah-Boakye, Kweku Adams, Danson Kimani and Subhan Ullah

Technological Forecasting and Social Change, 2020, vol. 161, issue C

Abstract: This paper contributes to burgeoning research concerning the relationship between boardroom gender diversity and corporate innovation. The paper deploys a multi-theoretical 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 innovation within emerging markets contexts.

Keywords: Gender diversity; National culture; Institutional environment; Multinational corporations (MNCs); Emerging economies; Firm innovation (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162520310738
Full text for ScienceDirect subscribers only

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:eee:tefoso:v:161:y:2020:i:c:s0040162520310738

DOI: 10.1016/j.techfore.2020.120247

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2021-09-11
Handle: RePEc:eee:tefoso:v:161:y:2020:i:c:s0040162520310738