Women directors and disclosure of intellectual capital information

Francisca Tejedo-Romero ^[1] ; Lúcia Lima Rodrigues ^[2] ; Russell Craig ^[4] ^[3]
1. [1] Universidad de Castilla-La Mancha
  
  Universidad de Castilla-La Mancha
  
  Ciudad Real, España
2. [2] Universidade do Minho
  
  Universidade do Minho
  
  Braga (São José de São Lázaro), Portugal
3. [3] Victoria University
  
  Victoria University
  
  Australia
4. [4] Portsmouth Business School
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Localización: European Research on Management and Business Economics, ISSN 2444-8834, Vol. 23, Nº. 3, 2017, págs. 123-131
Idioma: inglés
Enlaces
- Texto completo (pdf)

Resumen
- This paper uses a resource-based perspective and balanced panel data analysis to explore whether the representation of women on the boards of directors of Spanish companies is associated with an increase in voluntary disclosure of information concerning intellectual capital [IC]. We find that gender diversity is a complementary corporate governance mechanism that has a significant positive effect on levels of disclosure of IC information. This appears due to the presence of women on boards serving to prompt stronger monitoring and oversight behaviour. Our findings should encourage support for policies that will increase current levels of representation of women on corporate boards and influence the setting of corporate governance requirements relating to disclosure by capital market regulators.