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上市公司董事会性别多样性与双元创新研究

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随着女性董事在董事会中的地位日益提升,董事会性别多样性与双元创新的关系成为实务界与学术界热议的话题.本文重点研究上市公司董事会性别多样性与双元创新的关系以及二者之间的影响机制,基准回归结果表明:董事会性别多样性对双元创新具有显著的正向促进作用,但对探索式创新的促进作用弱于利用式创新,通过一系列内生性处理与稳健性检验后,结果仍成立;机制检验结果显示,董事会性别多样性通过信息效应与监督效应促进双元创新;异质性检验结果显示,董事会性别多样性对双元创新的影响因产权性质、公司规模以及两职合一的不同而存在显著差异.
Research on Gender Diversity and Dual Innovation of Board of Directors of Listed Companies
With the increasing status of female directors in the board of directors,the relationship between gen-der diversity and dual innovation of the board of directors has become a hot topic in the practitioner and academic communities.This paper focuses on the relationship between board gender diversity and dual innovation of listed companies and the influence mechanism between them.The baseline regression results show that board gender di-versity has a significantly positive promoting effect on dual innovation,but the effect on exploratory innovation is weaker than that of exploitative innovation.After a series of endogenous treatment and robustness test,the results are still valid.The results of mechanism test show that gender diversity of board of directors promotes dual innova-tion through information effect and supervision effect;The results of heterogeneity test show that the influence of board gender diversity on dual innovation can be significantly different due to the nature of property rights,company size and integration of two positions into one.

gender diversity in boardsdual innovationinformation effectsupervision effect

蔡雪玲

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兰州财经大学 统计与数据科学学院,甘肃 兰州 730020

董事会性别多样性 双元创新 信息效应 监督效应

甘肃省科技计划资助优秀博士生项目

23JRRA1188

2024

财经理论研究
内蒙古财经学院

财经理论研究

CHSSCD
影响因子:1.364
ISSN:2095-5863
年,卷(期):2024.(1)
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