Iren, Perihan, and Tee, Kienpin (2018) Boardroom Diversity and Innovation in the UAE Banks. International Journal of Innovation Management, 22 (3). 1850029.

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Abstract

Corporate governance carries strategic importance and should be addressed correctly by decision-makers. Corporate finance literature suggests that diverse boards are a part of good corporate governance practice. However, it is not clear how diverse board characteristics might affect innovation and innovation search strategies. Utilising the data from 25 banks listed in the UAE stock exchanges, this study evaluates the impact of boardroom diversity on firm innovativeness both before and after the drop in the oil prices. The results show that although gender and education do not significantly affect innovativeness of banks, having more experienced and independent board members enhances the innovation. The effect of experienced board members on innovation is more pronounced during the oil price drop period, whereas the effect of independent board members decreases after the drop in the oil prices.

Item ID:	75691
Item Type:	Article (Research - C1)
ISSN:	1757-5877
Copyright Information:	© 2022 World Scientific Publishing Co Pte Ltd.
Date Deposited:	25 Aug 2022 03:43
FoR Codes:	35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3502 Banking, finance and investment > 350202 Finance @ 100%
SEO Codes:	11 COMMERCIAL SERVICES AND TOURISM > 1102 Financial services > 110201 Finance services @ 100%
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