Diversity in the board of directors and good governance practices

Álvaro Melón-Izco ^[1] ; Francisco J. Ruiz-Cabestre ^[1] ; M. Carmen Ruiz-Olalla ^[1]
1. [1] Universidad de La Rioja
  
  Universidad de La Rioja
  
  Logroño, España
Localización: Economics and Business Letters, ISSN-e 2254-4380, Vol. 9, Nº. 2, 2020, págs. 97-105
Idioma: inglés
Enlaces
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Resumen
- Motivated by the debate on the adequacy of the composition of boards of directors, we examine the effect that board diversity has on corporate governance performance in Spain, analysing gender diversity, diversity of director types and tenure diversity. The findings reveal that diverse boards of directors have a positive influence on good governance practices,improving the efficiency of corporate governance mechanisms. These results could be interesting for practitioners and regulators.