... in monitoring investment efficiency. Practical implications Our study suggests that a professional board enhances monitoring and advising effectiveness in the face of significant regulatory pressure to increase board diversity. Originality/value We use two perspectives: (1) the difference in the proxy...

...Victor Daniel-Vasconcelos; Vicente Lima Crisóstomo; Maisa de Souza Ribeiro Purpose This study aims to investigate the association between board diversity and systematic risk. The theoretical framework used in this study is based on agency and resource dependency theories. Design/methodology...