Market Risk Disclosures and Board Gender Diversity in Gulf Cooperation Council (GCC) Firms
We investigate the impact of board gender diversity on corporate risk reporting for Gulf Cooperation Council (GCC) financial firms. Recent developments and improvements of corporate governance in the GCC markets suggest that firms in the GCC have become more transparent with less information asymmet...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Wiley-Blackwell Publishing Asia
2017
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| Online Access: | http://hdl.handle.net/20.500.11937/61108 |
| _version_ | 1848760660205240320 |
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| author | Al-Yahyaee, K. Al-Hadi, Al-Hadi Ahmed Hussain, S. |
| author_facet | Al-Yahyaee, K. Al-Hadi, Al-Hadi Ahmed Hussain, S. |
| author_sort | Al-Yahyaee, K. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | We investigate the impact of board gender diversity on corporate risk reporting for Gulf Cooperation Council (GCC) financial firms. Recent developments and improvements of corporate governance in the GCC markets suggest that firms in the GCC have become more transparent with less information asymmetry. However, we find that the presence of female directors in the boards of financial institutions suppresses the positive association between corporate governance and market risk disclosures for the period between 2007 and 2011. These findings suggest that culture and conservatism nature of GCC societies persist in the GCC business environment. Our results are robust to alternative specifications and endogeneity tests. |
| first_indexed | 2025-11-14T10:19:18Z |
| format | Journal Article |
| id | curtin-20.500.11937-61108 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T10:19:18Z |
| publishDate | 2017 |
| publisher | Wiley-Blackwell Publishing Asia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-611082018-04-16T03:01:49Z Market Risk Disclosures and Board Gender Diversity in Gulf Cooperation Council (GCC) Firms Al-Yahyaee, K. Al-Hadi, Al-Hadi Ahmed Hussain, S. We investigate the impact of board gender diversity on corporate risk reporting for Gulf Cooperation Council (GCC) financial firms. Recent developments and improvements of corporate governance in the GCC markets suggest that firms in the GCC have become more transparent with less information asymmetry. However, we find that the presence of female directors in the boards of financial institutions suppresses the positive association between corporate governance and market risk disclosures for the period between 2007 and 2011. These findings suggest that culture and conservatism nature of GCC societies persist in the GCC business environment. Our results are robust to alternative specifications and endogeneity tests. 2017 Journal Article http://hdl.handle.net/20.500.11937/61108 10.1111/irfi.12123 Wiley-Blackwell Publishing Asia restricted |
| spellingShingle | Al-Yahyaee, K. Al-Hadi, Al-Hadi Ahmed Hussain, S. Market Risk Disclosures and Board Gender Diversity in Gulf Cooperation Council (GCC) Firms |
| title | Market Risk Disclosures and Board Gender Diversity in Gulf Cooperation Council (GCC) Firms |
| title_full | Market Risk Disclosures and Board Gender Diversity in Gulf Cooperation Council (GCC) Firms |
| title_fullStr | Market Risk Disclosures and Board Gender Diversity in Gulf Cooperation Council (GCC) Firms |
| title_full_unstemmed | Market Risk Disclosures and Board Gender Diversity in Gulf Cooperation Council (GCC) Firms |
| title_short | Market Risk Disclosures and Board Gender Diversity in Gulf Cooperation Council (GCC) Firms |
| title_sort | market risk disclosures and board gender diversity in gulf cooperation council (gcc) firms |
| url | http://hdl.handle.net/20.500.11937/61108 |