Authors
Rexford Attah-Boakye, Kweku Adams, Danson Kimani, Subhan Ullah
Publication date
2020/12/1
Journal
Technological Forecasting and Social Change
Volume
161
Pages
120247
Publisher
North-Holland
Description
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.
Total citations
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