女性高管对公司财务行为与公司价值的影响研究述评
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外国经济与管理 2012 年 第 34 卷第 02 期, 页码：73 - 81
摘要
参考文献
摘要
近年来,多学科交叉和融合研究已经成为学术界的主流研究方向之一。就财务学而言,女性高管对公司财务行为、公司价值等方面的影响研究就是财务学与其他学科交叉和融合研究领域之一。基于此,本文系统回顾和梳理了女性高管的度量、女性高管存在的影响因素、女性高管对公司财务行为的影响以及女性高管对公司价值的影响等四大热点问题,并指出了该领域的进一步研究方向。
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[2]Adams S M and Flynn P M.Local knowledge advances women’s access to corporate boards[J].Corporate Govern-ance,2005,13(6):836-846.
[3]Almazan A and Suarez J.Entrenchment and severance pay in optimal governance structures[J].Journal of Finance,2003,58(2):519-547.
[4]Atkinson S M,et al.Do female mutual fund managers manage differently[J].The Journal of Financial Research,2003,26(1):1-18.
[5]Barber B M and Odean T.Boys will be boys:Gender,overcon-fidence,and common stock investment[J].The Quarterly Journal of Economics,2001,116(1):261-292.
[6]Bengtsson C,et al.Gender and overconfidence[J].Economics Letter,2005,86(2):199-203.
[7]Catalyst.The bottom line:Corporate performance and women’s representation on boards[R/OL].Available at ht-tp://www.catalyst.org,2010.
[8]Carter D A,et al.Corporate governance,board diversity,and firm value[J].Financial Review,2003,38(1):33-53.
[9]Carter D A,et al.The gender and ethnic diversity of US boards and board committees and firm financial performance[J].Corporate Governance:An International Review,2010,18(5):396-414.
[10]Erhardt N L,et al.Board of director diversity and firm finan-cial performance[J].Corporate Governance,2003,11(2):102-111.
[11]Farrell K A and Hersch P L.Additions to corporate boards:The effect of gender[J].Journal of Corporate Finance,2005,11(1-2):85-106.
[12]Francoeur C,et al.Gender diversity in corporate governance and top management[J].Journal of Business Ethics,2008,81(1):83-95.
[13]Graham J F Jr,et al.Gender differences in investment strate-gies:An information processing perspectives[J].The Interna-tional Journal of Bank Marketing,2002,20(1):17-26.
[14]Gul F A,et al.Does board gender diversity improve the in-formativeness of stock price[J].Journal of Accounting and E-conomics,2011,51(3):314-338.
[15]Hillman A J,et al.Organizational predictors of women on corporate boards[J].Academy of Management Journal,2007,50(4):941-952.
[16]Jianakoplos N A and Bernasek A.Are women more risk a-verse[J].Economic Inquiry,1998,36(4):620-630.
[17]Kesner I F.Directors’characteristics and committee mem-bership:An investigation of type,occupation,tenure,and gen-der[J].Academy of Management Journal,1988,31(1):66-84.
[18]Krishnan G V and Parsons L M.Getting to the bottom line:An exploration of gender and earnings quality[J].Journal of Business Ethics,2008,78(1-2):65-76.
[19]Lee P M and James E H.She’-e-os:Gender effects and inves-tor reactions to the announcements of top executive appoint-ments[J].Strategic Management Journal,2007,28(3):227-241.
[20]Martin A D,et al.CEO gender:Effects on valuation and risk[J].Quarterly Journal of Finance and Accounting,2009,48(3):23-40.
[21]Mohan N J and Chen C R.Are IPOs priced differently based upon gender[J].The Journal of Behavioral Finance,2004,5(1):57-65.
[22]Nielsen S and Huse M.The contribution of women on boards of directors:Going beyond the surface[J].Corporate Govern-ance:An International Review,2010,18(2):136-148.
[23]Rose C.Does female board representation influence firm per-formance?The Danish evidence[J].Corporate Governance,2007,15(2):404-413.
[24]Schubert R,et al.Financial decision-making:Are women real-ly more risk-averse?[J].The American Economic Review,1999,89(2):381-385.
[25]Sheridan A and Milgate G.Accessing board position:A com-parison of female and male board members’views[J].Corpo-rate Governance,2005,13(6):847-855.
[26]Stanwick P A and Stanwick S D.The determinants of corpo-rate social performance:An empirical examination[J].Ameri-can Business Review,1998,16(1):86-93.
[27]Westphal J D and Milton L P.How experience and network ties affect the influence of demographic minorities on corporate boards[J].Administrative Science Quarterly,2000,45(2):366-398.
[28]Williams R J.Women on corporate boards of directors and their influence on corporate philanthropy[J].Journal of Busi-ness Ethics,2003,42(1):1-10.
引用本文
周泽将, 刘文惠, 刘中燕. 女性高管对公司财务行为与公司价值的影响研究述评[J]. 外国经济与管理, 2012, 34(2): 73–81.
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