Board diversity and strategic orientation: Evidence from India

Kagzi, Muneza and Patky, Jahnavi (2022) Board diversity and strategic orientation: Evidence from India. Wiley. pp. 1-11.

Text A464 Muneza Kagzi- Board diversity and strategic orientation Evidence from India.pdf Restricted to Registered users only Download (761kB)

Abstract

This study leverages the upper echelons theory to investigate the effect of board diversity (gender, age, education, and tenure) on the strategic orientation of a firm in terms of its exploration- exploitation. It also investigates the moderating role of the technological intensity of the industry for analyzing the relationship between board diversity and exploration–exploitation of the firm. The technological intensity of the industry is classified as high-tech and low-tech. This study brings to light the role of the contingency factors in influencing the board's strategic choice. The study is based on panel data set of Indian Top-200 companies listed on the National Stock Exchange for the period between 2010 and 2015. The present study's findings indicate that an increase in board diversity leads to more exploration than exploitation. Further, the effect of board diversity is more pronounced in high-tech than the low-tech industries.

Item Type:	Article
Uncontrolled Keywords:	board diversity, corporate governance, technological intensity of the industries, exploration�exploitation.
Divisions:	Finance and Strategy
Depositing User:	Mr. Mahesha Havanje
Date Deposited:	12 Oct 2023 12:35
Last Modified:	12 Oct 2023 12:35
URI:	http://tapmi.informaticsglobal.com/id/eprint/791

Actions (login required)

View Item

Downloads