Board feminization and innovation through corporate venture capital investments: the moderating effects of independence and management skills - Institut de Recherche en Gestion Accéder directement au contenu
Article Dans Une Revue Technological Forecasting and Social Change Année : 2021

Board feminization and innovation through corporate venture capital investments: the moderating effects of independence and management skills

Résumé

The purpose of this paper is to investigate the relationship between board feminization and innovation through corporate venture capital (CVC) investments, as well as the moderating effects on this relationship of independence and management skills. This study relies on a set of unique data to measure CVC activity for all French-listed companies that undertook a CVC strategy between 2000 and 2018. We found that the appointment of female independent directors impeded CVC investments, whereas the appointment of female directors with management backgrounds enhanced such investments. Our findings are robust to alternative measures of board feminization. Overall, our results enrich the debate on the usefulness of these innovation vehicles for the French economy.
Fichier principal
Vignette du fichier
S0040162520312932.pdf (374.08 Ko) Télécharger le fichier
Origine : Fichiers produits par l'(les) auteur(s)

Dates et versions

hal-03018707 , version 1 (03-02-2023)

Licence

Paternité - Pas d'utilisation commerciale

Identifiants

Citer

Ramzi Benkraiem, Sabri Boubaker, Souad Brinette, Sabrina Khemiri. Board feminization and innovation through corporate venture capital investments: the moderating effects of independence and management skills. Technological Forecasting and Social Change, 2021, 163, pp.120467. ⟨10.1016/j.techfore.2020.120467⟩. ⟨hal-03018707⟩
240 Consultations
73 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More