Regression results on the impact of board gender diversity on the number of assurance procedures used
| Assurance procedures (APs) | (1) | (2) | (3) |
|---|---|---|---|
| H1 | H2 | H3 | |
| BGD | 0.052*** (6.051) | −0.006 (−0.299) | 0.031*** (2.905) |
| BGD × LOA | 0.056*** (3.634) | ||
| BGD × TYPEAUD | 0.031*** (2.813) | ||
| LOA | 0.541** (2.186) | −0.367 (−1.105) | 0.620** (2.499) |
| TYPEAUD | 1.499*** (8.797) | 1.541*** (9.086) | 0.817*** (2.972) |
| BIND | −0.016*** (−3.973) | −0.017*** (−4.085) | −0.017*** (−4.161) |
| FSIZE | 0.026 (0.532) | 0.036 (0.713) | 0.028 (0.572) |
| ROIC | −0.020*** (−3.211) | −0.020*** (−3.219) | −0.018*** (−2.833) |
| TDTC | −0.013*** (−4.108) | −0.011*** (−3.752) | −0.013*** (−4.165) |
| BSIZE | −0.017 (−0.761) | −0.017 (−0.766) | −0.010 (−0.467) |
| CEOD | 0.584*** (3.560) | 0.622*** (3.784) | 0.614*** (3.743) |
| AUDITCEXP | −0.062 (−0.280) | −0.009 (−0.039) | 0.001 (0.005) |
| NOA | 0.559*** (3.140) | 0.614*** (3.426) | 0.485*** (2.741) |
| GOV | −0.005 (−1.143) | −0.005 (−1.154) | −0.005 (−1.132) |
| Constant | 5.296*** (4.077) | 5.943*** (4.520) | 5.662*** (4.373) |
| Observations | 1148 | 1148 | 1148 |
| Adj R2 | 0.255 | 0.261 | 0.260 |
| F-stat | 14.862 | 14.838 | 14.569 |
| Year dummies | Yes | Yes | Yes |
| Industry dummies | Yes | Yes | Yes |
| Assurance procedures (APs) | (1) | (2) | (3) |
|---|---|---|---|
| −0.006 (−0.299) | 0.031 | ||
| 0.541 | −0.367 (−1.105) | 0.620 | |
| 1.499 | 1.541 | 0.817 | |
| −0.016 | −0.017 | −0.017 | |
| 0.026 (0.532) | 0.036 (0.713) | 0.028 (0.572) | |
| −0.020 | −0.020 | −0.018 | |
| −0.013 | −0.011 | −0.013 | |
| −0.017 (−0.761) | −0.017 (−0.766) | −0.010 (−0.467) | |
| 0.584 | 0.622 | 0.614 | |
| −0.062 (−0.280) | −0.009 (−0.039) | 0.001 (0.005) | |
| 0.559 | 0.614 | 0.485 | |
| −0.005 (−1.143) | −0.005 (−1.154) | −0.005 (−1.132) | |
| 5.296 | 5.943 | 5.662 | |
| Observations | 1148 | 1148 | 1148 |
| Adj | 0.255 | 0.261 | 0.260 |
| 14.862 | 14.838 | 14.569 | |
| Year dummies | Yes | Yes | Yes |
| Industry dummies | Yes | Yes | Yes |
Note(s): t-values are in parentheses; ***p < 0.01, **p < 0.05, *p < 0.1
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