Are female directors more employee-friendly? Board gender diversity and employee benefits: evidence from China.

ABSTRACT: The imperative of gender diversity in corporate governance and the adoption of a human-centric governance paradigm are intensifying globally. The structure of board directors, key influencers to corporate decisions, notably shape policies, crucially in emerging markets like China where gender issues are still evolving. Therefore, employing a penal dataset comprising 8,973 firm-year observations from publicly A-share-listed Chinese firms spanning 2006 to 2021, this study empirically examines the impact of board gender diversity on the responsiveness to both employee monetary incentives and non-monetary rewards. The findings unveil a positive correlation, indicating an augmentation in per-employee compensation and an increased likelihood of implementing non-monetary programs, including stock

SUBMITTER: Liu Y 

PROVIDER: S-EPMC11322442 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature