Council women and corporate performance in the Brazilian capital market / Clea Beatriz Macagnan, Carine De Oliveira and Melissa Gerhard.

Format:

Book

Author/Creator:

Macagnan, Clea Beatriz, author.

Oliveira, Carine De, author.

Gerhard, Melissa, author.

Series:

Business economics in a rapidly-changing world series.

Business Economics in a Rapidly-Changing World

Language:

English

Subjects (All):

Women executives--Brazil.

Women executives.

Corporate governance--Brazil.

Corporate governance.

Physical Description:

1 online resource (90 p.)

Place of Publication:

New York, [New York] : Nova Science Publishers, Inc., 2016.

Language Note:

English

Summary:

This book is about the inclusion of women in the council of companies. Specifically, it presents an investigation of whether there is a relationship between the share of economic and financial performance of women measured by the return on assets (ROA) and the Tobin Q ratio. Theoretical analysis (institutional theory) suggests that gender may have both a positive and negative (or neutral) effect on the economic and financial performance of the company. Statistical analysis supports the theoretical position of no effect, positive nor negative. The results are consistent with the explanation that institutions represent values, rules, and norms which evolve over time, and therefore the presence of women on the board can change under different circumstances and at different times. Based on the authors' research, it could not be stated strongly that the presence of women contributes to the economic and financial performance of a company. However, no negative evidence was found either. The result of the study suggests that decisions regarding the appointment of women as board of directors should be based on other perspectives rather than solely basing it on economic and financial performance.

Contents:

COUNCIL WOMEN AND CORPORATE PERFORMANCE IN THE BRAZILIAN CAPITAL MARKET; COUNCIL WOMEN AND CORPORATE PERFORMANCE IN THE BRAZILIAN CAPITAL MARKET; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; INTRODUCTION; Chapter 1: INSTITUTIONAL CONTEXT; Chapter 2: FEMINIST MOVEMENTS; Chapter 3: CORPORATE GOVERNANCE; Chapter 4: BOARD OF DIRECTORS; Chapter 5: REVIEW OF EMPIRICAL LITERATURE AND FORMULATION OF HYPOTHESES; Chapter 6: DESIGN RESEARCH; Economic and Financial Performance and Dependent Variables; Explanatory Variables; Control Variables

Population and Sample, Source and Evidence CollectionChapter 7: ANALYSIS OF EVIDENCE; Descriptive and Correlation Analyses; Analysis of Regressions; Chapter 8: ANALYSIS OF THE HYPOTHESES AND FINAL CONSIDERATIONS; REFERENCES; ABBREVIATIONS; AUTHORS' CONTACT INFORMATION; INDEX; Blank Page

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (ebrary, viewed October 5, 2016).

ISBN:

1-63485-201-X