dc.contributor.author |
Pucheta Martínez, María Consuelo |
|
dc.contributor.author |
Bel Oms, Inmaculada |
|
dc.contributor.author |
Olcina Semepre, Gustau |
|
dc.date.accessioned |
2019-05-03T10:05:55Z |
|
dc.date.available |
2019-05-03T10:05:55Z |
|
dc.date.issued |
2017 |
|
dc.identifier.uri |
http://hdl.handle.net/10550/70043 |
|
dc.description.abstract |
In this investigation, we aim at examining the influence of institutional female directors on CEO compensation. Specifically, we investigate the impact of institutional female directors as a whole, differentiating by whether female directors have business ties with the firms' boards on which they sit (pressure-sensitive female directors) or do not have business links (pressure-resistant female directors). We hypothesize that there is a nonlinear association, specifically quadratic, between institutional, pressureresistant and pressure-sensitive female directors on boards, and CEO compensation. Our findings show that CEO compensation decreases with low levels of institutional female directors and pressure-resistant female directors on boards, but when their presence on boards increases beyond a certain threshold, CEO compensation also increases. We also find that CEO compensation is not affected by pressure-sensitive female directors on boards. These findings support the premise that institutional female directors on boards cannot be considered a homogeneous group, but play an important role in managerial monitoring and remuneration policies, thus affecting the corporate governance system. |
|
dc.language.iso |
eng |
|
dc.relation.ispartof |
Asian Women, 2017, vol. 33, num. 4, p. 55-80 |
|
dc.source |
Pucheta Martínez, María Consuelo Bel Oms, Inmacualda Olcina Semepre, Gustau 2017 Is Board Gender Diversity a Driver of CEO Compensation?: Examining the Leadership Style of Institutional Women Directors Asian Women 33 4 55 80 |
|
dc.subject |
Dones |
|
dc.title |
Is Board Gender Diversity a Driver of CEO Compensation?: Examining the Leadership Style of Institutional Women Directors |
|
dc.type |
journal article |
es_ES |
dc.date.updated |
2019-05-03T10:05:55Z |
|
dc.identifier.idgrec |
129534 |
|
dc.rights.accessRights |
open access |
es_ES |