Abstract

In recent years, corporate wrongdoing has attracted widespread attention worldwide, and the media has vigorously debated whether senior management should be held accountable. Based on upper echelons theory, this study aims to investigate the relationship between women's representation in top management teams and corporate wrongdoing, as well as the moderating roles of the presence of a chairwoman and female relational capital. This research employs data from 333 small and medium-sized enterprises listed on the Shenzhen Stock Exchange in 2017 and mainly finds through regression analysis that: in small and medium-sized enterprises in China, women's representation in top management teams has a significant and negative impact on corporate wrongdoing; the presence of a chairwoman strengthens the negative effect, but female relational capital weakens the negative effect. This paper not only enriches research on female executives but also provides some references for companies to promote the construction of diverse top management teams.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.