Board dynamics and employee well-being: the role of institutional quality in a cross-country analysis of emerging markets

Ali Uyar, Khalil Nimer, Hamza Nizar, Muath Abdelqader and Abdullah S. Karaman

International Journal of Manpower, 2025, vol. 46, issue 6, 1148-1182

Abstract: PurposeThis paper aims to examine how board characteristics influence the well-being of employees and whether institutional quality matters in this relationship in emerging markets.Design/methodology/approachBased on a sample of 8,704 firm-year observations from 19 countries over the period 2008–2021, we ran country-industry-year fixed effect regression.FindingsWe find that independent board members, gender diversity and board skills have a positive impact on employee well-being. This finding suggests that boards with certain characteristics can act as catalysts for fostering organizational cultures that prioritize employee well-being. This positive effect is more pronounced in firms operating in countries with strong public governance quality and in firms facing strict market regulations.Originality/valueThe study underscores the critical role of board composition in shaping human resources management practices and enhancing employee outcomes within the complex contexts of emerging markets. Our paper also introduces a novel perspective by examining how the strength of stock market regulations and the quality of public governance in emerging markets influence the relationship between board dynamics and employee well-being. The emerging markets possess unique institutional characteristics, which significantly influence human resource management practices and employee outcomes. This approach adds a layer of complexity and relevance that has been largely absent in previous studies.

Keywords: Employee well-being; Board structure; Public governance quality; Market regulations; Stakeholder theory; Institutional theory (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/ijm/article/46/6/1148/1270 ... ll-being-the-role-of (text/html)
https://www.emerald.com/ijm/article-pdf/46/6/1148/ ... m-08-2024-0551en.pdf (application/pdf)

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:eme:ijmpps:ijm-08-2024-0551

DOI: 10.1108/IJM-08-2024-0551

Access Statistics for this article

International Journal of Manpower is currently edited by Professor Adrian Ziderman

More articles in International Journal of Manpower from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().