This study aims to examine the relationship between gender diversity and the voluntary disclosure of intellectual capital (IC) on corporate websites of non-financial firms in Vietnamese-listed companies.
The study uses a content analysis of 332 Vietnamese listed non-financial companies’ websites to assess the degree of intellectual capital disclosure (ICD) and uses ordinary least squares regression to investigate the association between ICD and various gender diversity variables, including the number of female members on the board of directors and the presence of women CEOs and chairwoman.
The results indicate that companies with higher proportions of women members on board and the presence of women CEOs tend to disclose more information on IC. A greater number of women on boards introduces a diverse array of strategic resources, viewpoints and perspectives, leading to more comprehensive and inclusive decision-making processes. These processes, in turn, promote transparency in the management and utilization of IC resources, fostering a more participatory and democratic approach to governance.
This study also contributes to the existing literature by providing novel insights into the potential link between gender diversity variables and ICD as well as highlights the importance of considering the role of the role of chairwoman in the strategic decision-making process.
