The impact of board gender diversity and national culture on corporate innovation: A multi-country analysis of multinational corporations operating in emerging economies

Rexford Attah-Boakye, Kweku Adams, Danson Kimani, Subhan Ullah

Research output: Contribution to journalArticle

Abstract

This paper contributes to burgeoning research concerning the relationship between boardroom gender diversity and corporate innovation. The paper deploys a multi-theoretical framework comprising insightsfrom the upper echelons, resource-dependency, and institutional theories, and the Hofstede’s cultural dimensions framework. We test a panel dataset for 472 multinationals in 21 emerging economies, covering nine years (2009-2018). Our findings reveal that gender diversity is positively associated with corporate innovation. We also find that local factors such as national norms, cultural values, and countrylevel institutional quality influence boardroom gender diversity, level of investment in research and development (R&D), and corporate innovation. The paper concludes by providing policy and managerial recommendations on how to promote firm R&D within emerging markets contexts.
Original languageEnglish
Article number120247
Number of pages11
JournalTechnological Forecasting and Social Change
Volume161
Early online date22 Aug 2020
DOIs
Publication statusE-pub ahead of print - 22 Aug 2020

Fingerprint Dive into the research topics of 'The impact of board gender diversity and national culture on corporate innovation: A multi-country analysis of multinational corporations operating in emerging economies'. Together they form a unique fingerprint.

  • Cite this