Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/306105 
Year of Publication: 
2024
Citation: 
[Journal:] The Journal of Entrepreneurial Finance (JEF) [ISSN:] 2373-1761 [Volume:] 26 [Issue:] 1 [Year:] 2024 [Pages:] 1-29
Publisher: 
Pepperdine University, Graziadio School of Business and Management and The Academy of Entrepreneurial Finance (AEF), Malibu, CA and Los Angeles, CA
Abstract: 
This article examines recent literature on corporate boards and the interplay between director gender and CEO turnover and how it affects firm performance after CEO turnover. The primary focus is board gender diversity and CEO job embeddedness in entrepreneurial firms. This article discusses gender diversity and the frequency of CEO turnover. This paper finds that board gender diversity is associated with lower CEO involuntary turnovers and better overall performance in entrepreneurial firms. The article highlights how board gender diversity, especially in small firms, provides a unique pathway to create firm value and examines recent evidence on how gender diverse board decreases the likelihood of CEO turnover, thus saving small firms from costly CEO replacement and poor firm performance after the CEO turnover.
Subjects: 
Boards
Directors
Board Effectiveness
Diversity
Gender
CEO Turnover
Entrepreneurship
JEL: 
M12
M14
G34
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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