Presence of women on boards in industrial firms: evidence from GCC countries financial markets

This study aims to investigate the phenomenon of women's presence on the boards of industrial public companies in the Gulf Cooperation Council (GCC) countries. The first question deals with the relationship between board characteristics, governance variables and women on boards. The second ques...

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Main Author: Hamdan, Reem (author)
Other Authors: Nasrallah, Nohade (author), El Khoury, Rim (author), Hamdan, Allam (author), Alareeni, Bahaaeddin (author)
Format: article
Published: 2021
Online Access:http://hdl.handle.net/10725/14983
https://doi.org/10.1080/17509653.2021.1985644
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
https://www.tandfonline.com/doi/full/10.1080/17509653.2021.1985644
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author Hamdan, Reem
author2 Nasrallah, Nohade
El Khoury, Rim
Hamdan, Allam
Alareeni, Bahaaeddin
author2_role author
author
author
author
author_facet Hamdan, Reem
Nasrallah, Nohade
El Khoury, Rim
Hamdan, Allam
Alareeni, Bahaaeddin
author_role author
dc.creator.none.fl_str_mv Hamdan, Reem
Nasrallah, Nohade
El Khoury, Rim
Hamdan, Allam
Alareeni, Bahaaeddin
dc.date.none.fl_str_mv 2021-11-01
2022
2023-08-31T10:20:37Z
2023-08-31T10:20:37Z
dc.identifier.none.fl_str_mv 1750-9653
http://hdl.handle.net/10725/14983
https://doi.org/10.1080/17509653.2021.1985644
Hamdan, R., Nasrallah, N., El Khoury, R., Hamdan, A., & Alareeni, B. (2022). Presence of women on boards in industrial firms: evidence from GCC countries financial markets. International Journal of Management Science and Engineering Management, 17(1), 37-48.
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
https://www.tandfonline.com/doi/full/10.1080/17509653.2021.1985644
dc.language.none.fl_str_mv en
dc.relation.none.fl_str_mv International Journal of Management Science and Engineering Management
dc.rights.*.fl_str_mv info:eu-repo/semantics/openAccess
dc.title.none.fl_str_mv Presence of women on boards in industrial firms: evidence from GCC countries financial markets
dc.type.none.fl_str_mv Article
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description This study aims to investigate the phenomenon of women's presence on the boards of industrial public companies in the Gulf Cooperation Council (GCC) countries. The first question deals with the relationship between board characteristics, governance variables and women on boards. The second question weighs the impact of the company-specific characteristics on the presence of women on boards. Our study focuses on 125 public companies listed on the Gulf financial markets and operating in the industrial sector for the year 2019. Results indicate that both corporate governance and company-specific variables can explain the presence of women on boards. First, our results give evidence that the appointment of women directors is positively related to institutional ownership and board independence, and negatively related to board size. Second, the appointment of women directors is positively related to firm performance, but negatively related to firm size and leverage. Hence, taken altogether, the evidence suggests that the appointment of women on board is driven by the business case. The study stresses on the need to improve governance variables and to activate policies supporting women’s roles in GCC economies as their integration on the labor market and their participation in senior management is a means to achieve justice and fairness.
eu_rights_str_mv openAccess
format article
id LAURepo_2d27ddbd123d674f384c7fd772284b6a
identifier_str_mv 1750-9653
Hamdan, R., Nasrallah, N., El Khoury, R., Hamdan, A., & Alareeni, B. (2022). Presence of women on boards in industrial firms: evidence from GCC countries financial markets. International Journal of Management Science and Engineering Management, 17(1), 37-48.
language_invalid_str_mv en
network_acronym_str LAURepo
network_name_str Lebanese American University repository
oai_identifier_str oai:laur.lau.edu.lb:10725/14983
publishDate 2021
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
spelling Presence of women on boards in industrial firms: evidence from GCC countries financial marketsHamdan, ReemNasrallah, NohadeEl Khoury, RimHamdan, AllamAlareeni, BahaaeddinThis study aims to investigate the phenomenon of women's presence on the boards of industrial public companies in the Gulf Cooperation Council (GCC) countries. The first question deals with the relationship between board characteristics, governance variables and women on boards. The second question weighs the impact of the company-specific characteristics on the presence of women on boards. Our study focuses on 125 public companies listed on the Gulf financial markets and operating in the industrial sector for the year 2019. Results indicate that both corporate governance and company-specific variables can explain the presence of women on boards. First, our results give evidence that the appointment of women directors is positively related to institutional ownership and board independence, and negatively related to board size. Second, the appointment of women directors is positively related to firm performance, but negatively related to firm size and leverage. Hence, taken altogether, the evidence suggests that the appointment of women on board is driven by the business case. The study stresses on the need to improve governance variables and to activate policies supporting women’s roles in GCC economies as their integration on the labor market and their participation in senior management is a means to achieve justice and fairness.Published2023-08-31T10:20:37Z2023-08-31T10:20:37Z20222021-11-01Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article1750-9653http://hdl.handle.net/10725/14983https://doi.org/10.1080/17509653.2021.1985644Hamdan, R., Nasrallah, N., El Khoury, R., Hamdan, A., & Alareeni, B. (2022). Presence of women on boards in industrial firms: evidence from GCC countries financial markets. International Journal of Management Science and Engineering Management, 17(1), 37-48.http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.phphttps://www.tandfonline.com/doi/full/10.1080/17509653.2021.1985644enInternational Journal of Management Science and Engineering Managementinfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/149832024-07-10T11:15:35Z
spellingShingle Presence of women on boards in industrial firms: evidence from GCC countries financial markets
Hamdan, Reem
status_str publishedVersion
title Presence of women on boards in industrial firms: evidence from GCC countries financial markets
title_full Presence of women on boards in industrial firms: evidence from GCC countries financial markets
title_fullStr Presence of women on boards in industrial firms: evidence from GCC countries financial markets
title_full_unstemmed Presence of women on boards in industrial firms: evidence from GCC countries financial markets
title_short Presence of women on boards in industrial firms: evidence from GCC countries financial markets
title_sort Presence of women on boards in industrial firms: evidence from GCC countries financial markets
url http://hdl.handle.net/10725/14983
https://doi.org/10.1080/17509653.2021.1985644
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
https://www.tandfonline.com/doi/full/10.1080/17509653.2021.1985644