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dc.contributor.authorMoreno-Gómez, Jorge
dc.contributor.authorLafuente González, Esteban Miguel
dc.contributor.authorVaillant, Yancy
dc.contributor.otherUniversitat Politècnica de Catalunya. Departament d'Organització d'Empreses
dc.identifier.citationMoreno-Gómez, J., Lafuente, E., Vaillant, Y. Gender diversity in the board, women’s leadership and business performance. "Gender in Management: An International Journal", vol.33, Iss.2, p.104-122, 2018.
dc.description.abstractPurpose: This paper investigates how gender diversity in top management—i.e., boardroom and top management positions—impacts business performance among Colombian public businesses. Design/methodology/approach: Building on the Upper Echelon theory which emphasizes that gender in an important characteristic that influences top management’s decision making, we employ panel data models on a sample of 54 Colombian public businesses for the period 2008-2015 to test the proposed hypotheses relating gender diversity and subsequent business performance. Findings: The results support that gender diversity is positively associated with subsequent business performance. More concretely, we find that the relationship between gender diversity at the top of the corporate hierarchy—in our case, as CEO and in the top management team—and subsequent performance becomes more evident when performance is linked to business operations (ROA), while the positive effect of women’s representation in the boardroom and subsequent performance is significant when performance is measured via shareholder-oriented metrics (ROE). Originality/value: Few studies have addressed the role of gender diversity on performance in developing economies. This study contributes to better understand how gender diversity impacts performance in contexts where women are underrepresented in the top management, and where the appointment of women directors or managers is not driven by regulatory pressures.
dc.publisherEmerald Group Publishing
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Spain
dc.subjectÀrees temàtiques de la UPC::Economia i organització d'empreses::Gestió i direcció
dc.subject.lcshWomen executives
dc.subject.otherUpper echelon
dc.subject.othergender diversity
dc.subject.otherboard of directors
dc.subject.othertop management
dc.subject.otherbusiness performance
dc.titleGender diversity in the board, women’s leadership and business performance
dc.description.peerreviewedPeer Reviewed
dc.rights.accessOpen Access
dc.description.versionPostprint (author's final draft)
local.citation.authorMoreno-Gómez, J.; Lafuente, E.; Vaillant, Y.
local.citation.publicationNameGender in Management: An International Journal

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