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333059

Board Gender Quotas: Does One Size Fit All? A Qualitative Comparative Analysis

Article

Last updated: 05 Jan 2025

Subjects

-

Tags

Finance

Abstract

This study aims to contribute to the existing literature on the impact of various board characteristics on corporate financial performance, particularly the role of women on corporate boards. Using fuzzy set qualitative comparative analysis (FSQCA), the study examines 200 non-financial firms listed at the EGX from 2014 to 2019. The results support complexity theory tenets, indicating that corporate financial performance depends on complex combinations of board and corporate characteristics, rather than singular linear relationships suggested by traditional regression analysis. By featuring 16 unique board and corporate feature combinations, the findings provide governance guidance for corporate managers to achieve high financial outcomes, including combinations with low board gender diversity. This study offers insightful recommendations for policymakers on corporate governance and board gender quotas. It adds to the discussion on how board features affect financial performance, specifically the impact of women on boards. Importantly, the study provides practical implications for governance and policymakers.

DOI

10.21608/ajccr.2023.213508.1060

Keywords

Financial Performance, Board Gender Diversity, Corporate Governance, Qualitative comparative analysis, Complexity theory, fsQCA

Authors

First Name

Heba

Last Name

Al-Gazzar

MiddleName

Mostafa

Affiliation

Faculty of Commerce, Cairo University, Giza, Egypt

Email

heba.gazzar@cu.edu.eg

City

Cairo

Orcid

-

First Name

Yousri

Last Name

Khlefa

MiddleName

-

Affiliation

Faculty of Commerce, Cairo University, Giza, Egypt

Email

yokhlefa@foc.cu.edu.eg

City

الجيزه

Orcid

-

Volume

3

Article Issue

4

Related Issue

45098

Issue Date

2023-12-01

Receive Date

2023-05-26

Publish Date

2023-12-01

Page Start

52

Page End

78

Print ISSN

2805-248X

Online ISSN

2805-2498

Link

https://ajccr.journals.ekb.eg/article_333059.html

Detail API

https://ajccr.journals.ekb.eg/service?article_code=333059

Order

3

Type

Original Article

Type Code

2,025

Publication Type

Journal

Publication Title

The Academic Journal of Contemporary Commercial Research

Publication Link

https://ajccr.journals.ekb.eg/

MainTitle

Board Gender Quotas: Does One Size Fit All? A Qualitative Comparative Analysis

Details

Type

Article

Created At

28 Dec 2024