Have a personal or library account? Click to login

Impact of Risk on Gender Diversity and Board Size − Case Study Northern Europe

Proceedings of the International Conference on Business Excellence
Volume 19 (2025): Issue 1 (July 2025)
By:
Open Access
|Jul 2025

References

  1. Alam, A. and Shah, S.Z.A. (2013) “Corporate governance and its impact on firm risk” International Journal of Management, Economics and Social Sciences. 2 (2), 76-98.
    Search in Google ScholarBack to article
  2. Akhigbe, A. and Martin. A. D. (2008). “Influence of disclosure and governance on risk of US financial services firms following Sarbanes-Oxley”. Journal of Banking & Finance, 32 (10), 2124-2135.
    Search in Google ScholarBack to article
  3. Andrei, T. Oancea, B. Mirica, A., Toma, I. E and Herteliu, C.(2008). “Econometrics. Theory and applications in EViews and R”, Economic. Publishing.
    Search in Google ScholarBack to article
  4. Bernile. G., BhagwatV., and Yonker.S.(2018). “Board diversity, firm risk, and corporate policies”. Journal of Financial Economics, 127(3), 588-612.
    Search in Google ScholarBack to article
  5. Bhagat, S., BoltonB, and Lu.J.(2015). „Size, leverage, and risk-taking of financial institutions”. Journal of Banking & Finance, 59, 520-537.
    Search in Google ScholarBack to article
  6. Cheng, Sh. (2008). „Board size and the variability of corporate performance”. Journal of Financial Economics, 87(1), 157-176.
    Search in Google ScholarBack to article
  7. Cho, E., Okafor, C., Ujah, N. and Zhang, L. (2021). “Executives’ gender-diversity, education, and firm’s bankruptcy risk: Evidence from China”, Journal of Behavioral and Experimental Finance, 30, 1-12.
    Search in Google ScholarBack to article
  8. Huang. L. Y., FungH. G., and Wen.M.M. (2024). “Bank board diversity on risk and value: evidence from Taiwan” Applied Economics.
    Search in Google ScholarBack to article
  9. Huang, Y. Sh., and Wang. C. J. (2015). “Corporate governance and risk-taking of Chinese firms: The role of board size”. International Review of Economics & Finance, 37, 96-113.
    Search in Google ScholarBack to article
  10. Lajili, K. (2009). “Corporate Risk Disclosure and Corporate Governance”. Journal of Risk and Financial Management, 2(1), 94-117.
    Search in Google ScholarBack to article
  11. Muhammad, H., Migliori, S. and Mohsni, S. (2023). “Corporate governance and firm risk-taking: the moderating role of board gender diversity”. Meditari Accountancy Research. 31 (3), 706-728.
    Search in Google ScholarBack to article
  12. Nakano, M. and Nguyen, P. (2012). Board Size and Corporate Risk Taking: Further Evidence from Japan. Corporate Governance: An International Review, 20 (4), 369-387.
    Search in Google ScholarBack to article
  13. Pathan, Sh. (2009). „Strong boards, CEO power and bank risk-taking”. Journal of Banking & Finance, 33(7), 1340-1350.
    Search in Google ScholarBack to article
  14. Paul M. (2009). „The impact of board size on firm performance: evidence from the UK”, The European Journal of Finance, 15 (4), 385-404.
    Search in Google ScholarBack to article
  15. Rouse, M., Ottemoesoe, R. Sh. D., Wang Y., and Zhang Y. (2024). ”Do female independent directors reduce corporate risk taking during COVID-19?”. Asia-Pacific Journal of Accounting& Economics, 31(4).
    Search in Google ScholarBack to article
  16. Vintila, G. and Gherghina S.C. (2012). “An Empirical Examination of the Relationship between Corporate Governance Ratings and Listed Companies’ Performance”, International Journal of Business and Management, 7 (22), 46-61.
    Search in Google ScholarBack to article
  17. Vintila, G. Onofrei, M. and Gherghina S.C. (2014). “Corporate Governance Context On Women’s Representation In Top Management Positions And Listed Companies Value”, Revista de cercetare si interventie sociala, 44, 229-252.
    Search in Google ScholarBack to article
  18. Vo, T. T. A.Nguyen,T. N. T.Henry,D. Nguyen, M. T. and Joseph.N. L. (2023). “Does female leadership matter in firm risk-taking and performance? Evidence from gender equality reforms in an emerging market”. Applied Economics, 55 (60).
    Search in Google ScholarBack to article
  19. Wang (2012). Board size and firm risk-taking. Review of Quantitative Finance and Accounting, 38, 519-542
    Search in Google ScholarBack to article
  20. Yang Ph., J. Riepe, K. Moser, K. Pull, and S. Terjesen. (2019). “Women directors, firm performance, and firm risk: A causal perspective”. The Leadership Quarterly, 30 (5).
    Search in Google ScholarBack to article
  21. Directive (EU) 2022/2381 of the European Parliament and of the Council on enhancing gender balance among directors of listed companies and related measures
    Search in Google ScholarBack to article
DOI: https://doi.org/10.2478/picbe-2025-0230 | Journal eISSN: 2558-9652
Journal RSS Feed
Language: English
Page range: 3007 - 3016
Published on: Jul 24, 2025
Published by: Bucharest University of Economic Studies
In partnership with: Paradigm Publishing Services
Publication frequency: 1 times per year
Keywords:
board size,
gender diversity,
Z-score,
risk,
Covid-19
Related subjects:
Business and economics,
Political economics,
Political economics, other,
Business management,
Business management, other,
Industrial chemistry,
Energy harvesting and conversion

© 2025 Ioana Radu Gobeajă, Georgeta Vintilă, published by Bucharest University of Economic Studies
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Previous articleVolume 19 (2025): Issue 1 (July 2025)Next article