Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/274077 
Year of Publication: 
2020
Citation: 
[Journal:] International Food and Agribusiness Management Review [ISSN:] 1559-2448 [Volume:] 23 [Issue:] 1 [Publisher:] Wageningen Academic Publishers [Place:] Wageningen [Year:] 2020 [Pages:] 35-53
Publisher: 
Wageningen Academic Publishers, Wageningen
Abstract: 
This study provides pioneering empirical evidence on board gender diversity and firm performance relationship for the case of large-scale agri-food companies in Russia. While Russia plays an important role in the global food security, its domestic agri-food production is heavily dependent on large scale producers. Our findings suggest a strong positive link between the percentage of female directors in boardrooms and firm performance. Moreover, in line with critical mass theory, boards with three or more female directors have greater impact on firm performance compared to boards with two or less female directors. Further analysis shows that the presence of female directors in the company has a positive impact on firm performance, mainly due to their executive, rather than monitoring effects. The paper shed light on gender diversity of Russian corporate boardrooms and provides empirical recommendations for policy makers as well as corporate executives in Russia.
Subjects: 
corporate governance
board of directors
gender diversity
firm performance
Russia
JEL: 
M14
Q12
Q13
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-sa Logo
Document Type: 
Article
Document Version: 
Published Version

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