Utilize este identificador para referenciar este registo: http://hdl.handle.net/10071/23716
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Campo DCValorIdioma
dc.contributor.authorBarrios, J.-
dc.contributor.authorBianchi, P.-
dc.contributor.authorIsidro, H.-
dc.contributor.authorNanda, D.-
dc.date.accessioned2021-12-14T12:29:21Z-
dc.date.issued2022-
dc.identifier.citationBarrios, J., Bianchi, P., Isidro, H., & Nanda, D. (2022). Boards of a feather: Homophily in foreign director appointments around the world. Journal of Accounting Research, 60(4), 1293-1335. http://dx.doi.org/10.1111/1475-679X.12416-
dc.identifier.issn0021-8456-
dc.identifier.urihttp://hdl.handle.net/10071/23716-
dc.description.abstractWe examine how similarity in institutional, legal, and social characteristics between a firm’s and its directors’ home countries, i.e., country-pair homophily, affects foreign director appointments. We estimate a gravity model that includes economic and geographic proximity and find that country-pair homophily is a significant determinant of foreign director appointments to corporate boards. We also find that country-pair homophily affects the appointments of foreign directors originating from high at firm located in low governance countries, which may limit the role of board internationalization in the global convergence of governance practices. We utilize the international IFRS adoption and Norway’s gender-quota rule to observe variation in foreign director appointments and assess the importance of country-pair homophily to explain that variation. We find that both events led firms to appoint more foreign directors originating from countries that are institutionally, socially, and culturally more similar to their own domicile country, attesting to the importance of homophily in foreign director appointments.eng
dc.language.isoeng-
dc.publisherWiley-
dc.relationinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F00315%2F2020/PT-
dc.rightsopenAccess-
dc.subjectCorporate governanceeng
dc.subjectForeign directorseng
dc.subjectGravity modeleng
dc.subjectHomophilyeng
dc.subjectCultureeng
dc.subjectIFRSeng
dc.subjectGender quotaeng
dc.titleBoards of a feather: Homophily in foreign director appointments around the worldeng
dc.typearticle-
dc.pagination1293 - 1335-
dc.peerreviewedyes-
dc.journalJournal of Accounting Research-
dc.volume60-
dc.number4-
degois.publication.titleBoards of a feather: Homophily in foreign director appointments around the worldeng
dc.date.updated2023-03-28T13:15:57Z-
dc.description.versioninfo:eu-repo/semantics/acceptedVersion-
dc.identifier.doi10.1111/1475-679X.12416-
dc.subject.fosDomínio/Área Científica::Ciências Sociais::Economia e Gestãopor
dc.date.embargo2023-12-10-
iscte.subject.odsTrabalho digno e crescimento económicopor
iscte.subject.odsReduzir as desigualdadespor
iscte.subject.odsPaz, justiça e instituições eficazespor
iscte.identifier.cienciahttps://ciencia.iscte-iul.pt/id/ci-pub-84641-
iscte.alternateIdentifiers.wosWOS:000748692400001-
iscte.alternateIdentifiers.scopus2-s2.0-85126060240-
iscte.journalJournal of Accounting Research-
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