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Diversity in the board of directors and good governance practices

Author

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  • à lvaro Melón-Izco
  • Francisco J. Ruiz-Cabestre
  • M. Carmen Ruiz-Olalla

Abstract

Motivated by the debate on the adequacy of the composition of boards of directors, we examine the effect that board diversity has on corporate governance performance in Spain, analysing gender diversity, diversity of director types and tenure diversity. The findings reveal that diverse boards of directors have a positive influence on good governance practices,improving the efficiency of corporate governance mechanisms. These results could be interesting for practitioners and regulators.

Suggested Citation

  • à lvaro Melón-Izco & Francisco J. Ruiz-Cabestre & M. Carmen Ruiz-Olalla, 2020. "Diversity in the board of directors and good governance practices," Economics and Business Letters, Oviedo University Press, vol. 9(2), pages 97-105.
    • Handle: RePEc:ove:journl:aid:14188
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    File URL: https://reunido.uniovi.es/index.php/EBL/article/view/14188
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