Board Gender Diversity and Corporate Green Innovation
Download as PDF
DOI: 10.23977/FEIM2022.001
Corresponding Author
Yuan Qi
ABSTRACT
More and more investors pay attention to corporate green innovation, but there is still little research on how the board gender characteristic affects corporate green innovation. Taking the data from 2009 to 2020 of China’s stock market as a research sample, this paper examines whether and in what direction the gender diversity of the board of directors has an impact on corporate green innovation. It was found that a high proportion of female directors on the board significantly hindered the firm’s green innovation performance. Furthermore, the negative effect of board gender diversity on corporate green innovation is more pronounced in SOEs and enterprises with large board sizes. The findings in this paper have significance on how to promote corporate green innovation.
KEYWORDS
Board Gender Diversity, Corporate Green Innovation, Corporate Governance