Women on board and performance of family firms: Evidence from India

Abdullah, 2016, Does having women on boards create value? The impact of societal perceptions and corporate governance in emerging markets, Strateg. Manag. J., 37, 466, 10.1002/smj.2352 Adams, 2009, Women in the boardroom and their impact on governance and performance, J. Financ. Econ., 94, 291, 10.1016/j.jfineco.2008.10.007 Adams, 2012, Beyond the glass ceiling: does gender matter?, Manag. Sci., 58, 219, 10.1287/mnsc.1110.1452 Ahern, 2012, The changing of the boards: the impact on firm valuation of mandated board representation, Q. J. Econ., 127, 137, 10.1093/qje/qjr049 Allen, 1982, Power, performance, and succession in the large corporation, Adm. Sci. Q., 27, 538, 10.2307/2392529 Anderson, 2003, Founding family ownership and firm performance: evidence from S&P 500, J. Financ., 58, 1301, 10.1111/1540-6261.00567 Anderson, 2004, Board composition: balancing family influence in S&P 500 firms, Adm. Sci. Q., 49, 209, 10.2307/4131472 Barontini, 2006, The effect of family control on firm value and performance: evidence from Continental Europe, Eur. Financ. Manag., 12, 689, 10.1111/j.1468-036X.2006.00273.x Basco, 2018, Family business in emerging markets, 527 Bennouri, 2018, Female board directorship and firm performance: what really matters?, J. Bank. Financ., 88, 267, 10.1016/j.jbankfin.2017.12.010 Berkman, 2009, Expropriation through loan guarantees to related parties: evidence from China, J. Bank. Financ., 33, 141, 10.1016/j.jbankfin.2007.11.001 Bertrand, 2002, Ferreting out tunneling: an application to Indian business groups, Q. J. Econ., 117, 121, 10.1162/003355302753399463 Bettinelli, 2019, Women on boards in family firms: what we know and what we need to know, 201 Borokhovich, 2014, The incentives of grey directors: evidence from unexpected executive and board chair turnover, J. Corp. Finan., 28, 102, 10.1016/j.jcorpfin.2013.11.015 Brickley, 1994, Outside directors and the adoption of poison pills, J. Financ. Econ., 35, 371, 10.1016/0304-405X(94)90038-8 Campbell, 2008, Gender diversity in the boardroom and firm financial performance, J. Bus. Ethics, 83, 435, 10.1007/s10551-007-9630-y Campopiano, 2017, Women’s involvement in family firms: progress and challenges for future research, J. Family Bus. Strategy, 8, 200, 10.1016/j.jfbs.2017.09.001 Carter, 2010, The gender and ethnic diversity of US boards and board committees and performance, Corp. Govern., 18, 396, 10.1111/j.1467-8683.2010.00809.x Catalyst Chen, 2006, Corporate value, managerial stockholdings and investments of Japanese firms, J. Int. Financ. Manag. Acc., 17, 29, 10.1111/j.1467-646X.2006.00120.x Croson, 2009, Gender differences in preferences, J. Econ. Lit., 47, 1, 10.1257/jel.47.2.448 Davies of Abersoch Davis, 1997, Toward a stewardship theory of management, Acad. Manag. Rev., 22, 20, 10.5465/amr.1997.9707180258 DeMott, 2008, Guests at the table?: independent directors in family influenced public ompanies, J. Corp. Law, 33, 819 Fama, 1983, Separation of ownership and control, J. Law Econ., 26, 301, 10.1086/467037 Farrell, 2005, Additions to corporate boards: the effect of gender, J. Corp. Finan., 11, 85, 10.1016/j.jcorpfin.2003.12.001 Finkelstein, 1994, CEO duality as a double-edged sword: how boards of directors balance entrenchment avoidance and unity of command, Acad. Manag. J., 37, 1079, 10.2307/256667 Francoeur, 2008, Gender diversity in corporate governance and top management, J. Bus. Ethics, 81, 83, 10.1007/s10551-007-9482-5 Gangadharan, 2016, Social identity and governance: the behavioral response to female leaders, Eur. Econ. Rev., 90, 302, 10.1016/j.euroecorev.2016.01.003 Gul, 2007 Helland, 2004, Regulation and the evolution of corporate boards: monitoring, advising, or window dressing?, J. Law Econ., 47, 167, 10.1086/380473 Higgs Holderness, 2009, The myth of diffuse ownership in the United States, Rev. Financ. Stud., 22, 1377, 10.1093/rfs/hhm069 Huson, 2001, Internal monitoring mechanisms and CEO turnover: a long-term perspective, J. Financ., 55, 2265, 10.1111/0022-1082.00405 Hussein, 2009, Examining the relationship between female board members and firm performance: a panel study of US firms, Afr. J. Finance Manag. IiAS, 2017 ILO, 2015 Kanter, 1977, Some effects of proportions on group life: skewed sex ratios and responses to token women, Am. J. Sociol., 82, 965, 10.1086/226425 Kanter, 1977 Khandker, 2010 KPMG, 2017 La Porta, 1999, Corporate ownership around the world, J. Financ., 54, 471, 10.1111/0022-1082.00115 Liu, 2014, Do woman directors improve firm performance in China, J. Corp. Finan., 28, 169, 10.1016/j.jcorpfin.2013.11.016 Lok Sabha, 2012 Lückerath-Rovers, 2013, Women on boards and firm performance, J. Manag. Govern., 17, 491, 10.1007/s10997-011-9186-1 Masulis, 2009, Agency cost at dual-class companies, J. Financ., 64, 1697, 10.1111/j.1540-6261.2009.01477.x Matsa, 2013, A female style in corporate leadership? Evidence from quotas, Am. Econ. J. Appl. Econ., 5, 136, 10.1257/app.5.3.136 Maury, 2006, Family ownership and firm performance: empirical evidence from Western European corporations, J. Corp. Finan., 12, 321, 10.1016/j.jcorpfin.2005.02.002 MCA, 2011 MCA, 2013 Miller, 2009, Demographic diversity in the boardroom: mediators of the board diversity–firm performance relationship, J. Manag. Stud., 46, 755, 10.1111/j.1467-6486.2009.00839.x Miller, 2006, Family governance and firm performance: agency, stewardship and capabilities, Fam. Bus. Rev., 29, 73, 10.1111/j.1741-6248.2006.00063.x Nguyen, 2014, A dynamic estimation of governance structures and financial performance for Singaporean companies, Econ. Model., 40, 1, 10.1016/j.econmod.2014.03.013 Nguyen, 2015, Does boardroon gender diversity matter? Evidence from a transitional economy, Int. Rev. Econ. Financ., 37, 184, 10.1016/j.iref.2014.11.022 Page, 2007, Making the difference: Applying a logic of diversity., Academy of Management Perspectives, 21(4), 6-20., 21, 6, 10.5465/amp.2007.27895335 Pieper, 2010, Non solus: toward a psychology of family business, J. Family Bus. Strategy, 1, 26, 10.1016/j.jfbs.2010.02.003 Rhode, 2014, Diversity on corporate boards: how much difference does difference make?, Del. J. Corp. Law, 39, 377 Sarkar, 2000, Large shareholder activism in corporate governance in developing countries: evidence from India, Int. Rev. Financ., 1, 161, 10.1111/1468-2443.00010 Schwartz, 1992, Universals in the context and structure of values: Theoretical advances and empirical tests in 20 countries, 1, 10.1016/S0065-2601(08)60281-6 SEBI, 2018 Simpson, 2010, What do we know about women on boards?, J. Appl. Financ., 20, 27 Sussmuth-Dyckerhoff Terjesen, 2014, Legislating a woman’s seat on the board: institutional factors driving gender quotas for boards of directors, J. Bus. Ethics, 50 The Economist Torchia, 2012, Women directors on corporate boards: from tokenism to critical mass, J. Bus. Ethics, 102, 299, 10.1007/s10551-011-0815-z Westphal, 1999, Collaboration in the boardroom: behavioral and performance consequences of CEO-board social ties, Acad. Manag. J., 42, 7, 10.2307/256871 Zahra, 2004, Entrepreneurship in family vs. non-family firms: a resource based analysis of the effect of organizational culture, Entrepreneurship Theory Pract., 28, 363, 10.1111/j.1540-6520.2004.00051.x