Gender diversity in the workplace has been an issue receiving a tremendous amount of attention both in academia and in the popular press. The research to date has tended to focus on the obstacles to promotion of women at lower and middle management levels, often referred to as a glass ceiling effect. However, most research on the subject has been mainly restricted to the definition of gender, by biological determination, that is, male and female, rather than by social construction. This chapter addresses the impact of gender diversity leadership and firms’ performance. In addition, it offers a synopsis of selected research examining the LGBT-supportive workplace policies and firms’ outcomes. Further, the chapter identifies priorities for future research that can advance our understanding on this research area, and the broader field of financial studies, encompassing the growing interest in the boundaries between the economic, the psychological and the social areas.
Part of the book: Corporate Governance
There have been several pandemics in the history of mankind. One of the major pandemics was the Spanish flu that took place in 1918, in which millions of lives were lost globally. Despite significant advances in science and medicine since then, the COVID-19 pandemic has still caused major impacts around the world. As evidenced, pandemics not only cause social and public health implications, but also cause effects on the economy as well. This chapter addresses the ill effects of pandemics on the economy and presents how the financial markets and financial institutions were influenced and how they responded to the pandemics. More specifically, this chapter identifies the effects of the pandemics on various assets (e.g., crude oil, gold, currencies, equity, bonds, and cryptocurrencies) around the world. In addition, the chapter also presents evidence of corporates’ characteristics relative to their responses to the ill effects of the pandemics.
Part of the book: Banking and Accounting Issues
Society’s expectations for business are higher than ever. Younger generations believe that organizations that are environmentally and socially conscious are better places to work and the vast majority believe that they will be more loyal to companies that share their values. The responsibilities placed on leaders grow in tandem with the need for social accountability. Gender diversity on corporate boards has been identified as one of the most important drivers of sustainability as well as corporate social responsibility (CSR). Nevertheless, there are the mixed empirical evidences to back up this claim. To fill this void, the purpose of this chapter is to provide readers with a brief overview of theories and empirical evidence supporting the relationship between female directors and CSR. Besides, the chapter attempts to gather the main conceptual contributions on the situation and evolution of the relationship, providing insights regarding future studies.
Part of the book: Corporate Social Responsibility in the 21st Century