Female-friendly boards in family firms

Joyce C. Wang,Yiyi Zhao,Sunny L. Sun,Jigao Zhu

Journal of Business Research（2023）

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摘要

•Family firms' socioemotional wealth goal helps female directors garner influence, cultivating female-friendly boards.•Female directors, due to their communal traits, are better at preserving and enhancing socioemotional wealth.•Female-friendliness varies across family firms, hinging on leadership, family ownership dispersion, and family ties.•Female-friendly boards contribute to firm accounting returns and social performance.

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关键词

Board informal hierarchy,Director influence,Family firms,Female directors,Female-friendly boards,Socioemotional wealth

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