重新思考跨国公司时代的董事会结构:全球调查

IF 5.9 2区 管理学 Q1 MANAGEMENT
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引用次数: 0

摘要

尽管对国际公司进行了广泛的研究,但人们对影响其董事会构成的因素及其对市场价值的影响仍然缺乏了解。本研究旨在探讨国际化如何影响公司董事会的多样性,尤其是在性别和文化方面。此外,本研究还探讨了董事会的多样性是否能增强国际化对公司价值的影响。我们分析了 25,436 家国际公司的数据,发现随着公司的国际化程度越来越高,董事会中女性成员的数量往往会减少,但来自其他国家的董事会成员会增加。有趣的是,当公司变得更加国际化时,董事会中更多样化的性别构成有助于提高公司价值,但董事会中更多样化的文化构成似乎会产生相反的效果。这些信息对于那些希望确保其董事会拥有最佳构成以实现其全球目标的国际公司很有帮助。这些发现表明,国际公司对董事会成员的要求与股东的期望之间可能存在差异。最终,这项研究可以帮助国际公司选择合适的董事会成员,最大限度地取得成功。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Rethinking board structures in the age of multinational corporations: A global investigation

Despite extensive research on international corporations, there is still a lack of understanding about the factors that influence the composition of their board and its impact on their market value. This study aims to investigate how internationalisation influences the diversity of a firm's board, particularly regarding gender and culture. Additionally, the study also explores whether the board's diversity can enhance the impact of internationalisation on a firm's value. We analysed data from 25,436 international companies and found that as companies become more international, they tend to have fewer women on their boards but more board members from other countries. Interestingly, having a more diverse gender composition on the board helps to increase a company's value when it becomes more international, but having a more diverse cultural composition on the board seems to have the opposite effect. This information is helpful for international companies who want to make sure they have the best composition on their boards to achieve their global goals. These findings suggest that there may be a difference between what international corporations want in their board members and what their shareholders expect. Ultimately, this study can help international companies choose the right board members to maximize their success.

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来源期刊
自引率
9.80%
发文量
67
审稿时长
81 days
期刊介绍: The Journal of International Management is devoted to advancing an understanding of issues in the management of global enterprises, global management theory, and practice; and providing theoretical and managerial implications useful for the further development of research. It is designed to serve an audience of academic researchers and educators, as well as business professionals, by publishing both theoretical and empirical research relating to international management and strategy issues. JIM publishes theoretical and empirical research addressing international business strategy, comparative and cross-cultural management, risk management, organizational behavior, and human resource management, among others.
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