Table 3.

Outcomes of gender diversity on committees

AuthorsCommitteeFindings
Pitenoei et al. (2022) Audit CommitteeIncreased level of CSR disclosure
Sultana et al. (2020) Audit CommitteeImproved monitoring
Parker et al. (2017) Audit CommitteeIncreased likelihood of identifying and reporting on control issues
McLaughlin et al. (2021) Audit CommitteeNegative, insignificant association between the proportion of women on audit committees and the likelihood of corporate scandals
Ha (2022) Audit CommitteeNo link between audit committee diversity and CSR disclosure in Vietnam
Khan et al. (2020) Compensation CommitteeMixed results on the impact of gender diversity in compensation committees across different countries. In China, there was an increased link between CEO pay and performance, but not in Australia or Pakistan
Alkalbani et al. (2019) Remuneration CommitteeThere is a need for a critical mass (greater than 30% women) in terms of gender diversity on remuneration committees to reduce shareholder dissent regarding say-on-pay
Fernández-Méndez et al. (2024) Audit, Remuneration and Nomination CommitteesDiversity on the board and supervisory committees led to lower loan spreads, decreased default risk and better financial reporting
Grau and Bel (2022) Governance and Compensation CommitteesIncreased gender diversity on governance and compensation committees enhanced firm value
Singhania et al. (2022) Various CommitteesBenefits of gender diversity are realised when female directors actively participate in influential committees
Carter et al. (2010) Board CommitteesNo significant relationship between gender diversity on board committees and financial performance
Source(s): Authors’ own work

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