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X Demographics
Mendeley readers
Attention Score in Context
| Title |
Gender Diversity on Boards of Directors and Remuneration Committees: The Influence on Listed Companies in Spain
|
|---|---|
| Published in |
Frontiers in Psychology, August 2018
|
| DOI | 10.3389/fpsyg.2018.01351 |
| Pubmed ID | |
| Authors |
Antonio L. García-Izquierdo, Carlos Fernández-Méndez, Rubén Arrondo-García |
| Abstract |
Women have traditionally been underrepresented on boards of companies, but after some social and legal pressure their presence has been increased during recent years. This paper examines the relation of the presence of female directors both at board meetings and at audit and remuneration committees, with CEO pay and the shareholders' consultative vote on managerial remuneration plans ("say on pay"). Using a large sample of Spanish firms listed between 2011 and 2015, our study reveals that firms with female representation on their remuneration committee, display lower levels of CEO pay and CEO pay growth. We also obtain evidence that this effect is attributable to the proprietary female directors. Additionally, from the "say on pay" perspective, female membership of the remuneration committee is associated with a lower number of votes in terms of director remuneration reports and related policies. Overall, our results indicate that female directors on the remuneration committee contribute to a moderation of executive remuneration growth and are consequently perceived by shareholders as valuable resources in the design of executive remuneration plans. This confirms the influence of the minority group, females, in the sustainable progress of these companies. Our results support the presence of female directors not only as a social measure or tokenism, but also as a contribution to good governance practice. |
X Demographics
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| Argentina | 1 | 14% |
| Spain | 1 | 14% |
| El Salvador | 1 | 14% |
| India | 1 | 14% |
| Unknown | 3 | 43% |
Demographic breakdown
| Type | Count | As % |
|---|---|---|
| Members of the public | 6 | 86% |
| Scientists | 1 | 14% |
Mendeley readers
The data shown below were compiled from readership statistics for 103 Mendeley readers of this research output. Click here to see the associated Mendeley record.
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| Unknown | 103 | 100% |
Demographic breakdown
| Readers by professional status | Count | As % |
|---|---|---|
| Student > Ph. D. Student | 14 | 14% |
| Student > Bachelor | 10 | 10% |
| Student > Master | 9 | 9% |
| Student > Doctoral Student | 7 | 7% |
| Lecturer | 6 | 6% |
| Other | 18 | 17% |
| Unknown | 39 | 38% |
| Readers by discipline | Count | As % |
|---|---|---|
| Business, Management and Accounting | 33 | 32% |
| Economics, Econometrics and Finance | 10 | 10% |
| Unspecified | 3 | 3% |
| Arts and Humanities | 3 | 3% |
| Social Sciences | 3 | 3% |
| Other | 7 | 7% |
| Unknown | 44 | 43% |
Attention Score in Context
This research output has an Altmetric Attention Score of 22. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 08 January 2019.
All research outputs
#1,470,219
of 23,096,849 outputs
Outputs from Frontiers in Psychology
#2,959
of 30,483 outputs
Outputs of similar age
#32,841
of 333,238 outputs
Outputs of similar age from Frontiers in Psychology
#90
of 731 outputs
Altmetric has tracked 23,096,849 research outputs across all sources so far. Compared to these this one has done particularly well and is in the 93rd percentile: it's in the top 10% of all research outputs ever tracked by Altmetric.
So far Altmetric has tracked 30,483 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 12.5. This one has done particularly well, scoring higher than 90% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 333,238 tracked outputs that were published within six weeks on either side of this one in any source. This one has done particularly well, scoring higher than 90% of its contemporaries.
We're also able to compare this research output to 731 others from the same source and published within six weeks on either side of this one. This one has done well, scoring higher than 87% of its contemporaries.