Board Composition and Innovation

Corporate boards make key economic and financial decisions. Diversity in the boardroom, on hand can lead to higher innovation by increasing interaction between heterogeneous agents; on the other hand it can lead to more conflict based on the predictions of social identity theory. In an examination...

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Bibliographic Details
Main Author: Zenu Sharma
Format: Article
Language:English
Published: Tuwhera Open Access Publisher 2016-12-01
Series:Applied Finance Letters
Subjects:
Online Access:https://ojs.aut.ac.nz/applied-finance-letters/article/view/46
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spelling doaj-12a4680a95de4ea5bab271e115e247242020-11-25T01:21:17ZengTuwhera Open Access PublisherApplied Finance Letters2253-57992253-58022016-12-015210.24135/afl.v5i2.46Board Composition and InnovationZenu Sharma0Long Island University Corporate boards make key economic and financial decisions. Diversity in the boardroom, on hand can lead to higher innovation by increasing interaction between heterogeneous agents; on the other hand it can lead to more conflict based on the predictions of social identity theory. In an examination of US firms from 1999 to 2006, this study finds that demographic diversity; directors’ individual characteristics and affiliation are associated with higher innovation in form of patents and quality of innovation in form of citations. https://ojs.aut.ac.nz/applied-finance-letters/article/view/46Corporate boardsInnovation
collection DOAJ
language English
format Article
sources DOAJ
author Zenu Sharma
spellingShingle Zenu Sharma
Board Composition and Innovation
Applied Finance Letters
Corporate boards
Innovation
author_facet Zenu Sharma
author_sort Zenu Sharma
title Board Composition and Innovation
title_short Board Composition and Innovation
title_full Board Composition and Innovation
title_fullStr Board Composition and Innovation
title_full_unstemmed Board Composition and Innovation
title_sort board composition and innovation
publisher Tuwhera Open Access Publisher
series Applied Finance Letters
issn 2253-5799
2253-5802
publishDate 2016-12-01
description Corporate boards make key economic and financial decisions. Diversity in the boardroom, on hand can lead to higher innovation by increasing interaction between heterogeneous agents; on the other hand it can lead to more conflict based on the predictions of social identity theory. In an examination of US firms from 1999 to 2006, this study finds that demographic diversity; directors’ individual characteristics and affiliation are associated with higher innovation in form of patents and quality of innovation in form of citations.
topic Corporate boards
Innovation
url https://ojs.aut.ac.nz/applied-finance-letters/article/view/46
work_keys_str_mv AT zenusharma boardcompositionandinnovation
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