Abstracts
Abstract
This study investigates the mediating effect of corporate innovation on the relationship between gender diversity in top management and firm performance. Using panel data from French firms listed in the SBF120 index (2013-2017), Generalized Method of Moments (GMM) regressions revealed that the presence of woman on the board and the executive committee positively and significantly influences both corporate innovation and firm performance, and innovation mediates the relationship between gender diversity and firm performance. We conclude that gender diversity in the strategic level improves the firm’s decision-making process, facilitating the initiative to innovate.
Keywords:
- Top management gender diversity,
- corporate innovation,
- mediating effect,
- firm performance,
- GMM regression,
- panel data
Résumé
Cette étude examine l’effet médiateur de l’innovation dans la relation entre la diversité de genre et la performance de l’entreprise. Utilisant des données panel des firmes françaises de l’indice SBF120 (2013-2017), les régressions de la méthode des moments généralisés (GMM) révèlent que la présence de femmes au conseil d’administration et au comité exécutif influence positivement et significativement l’innovation et la performance de l’entreprise, et l’innovation joue un rôle médiateur entre la diversité de genre et la performance. Nous concluons que la diversité de genre aux niveaux stratégiques améliore le processus de prise de décision de l’entreprise, facilitant l’initiative d’innover.
Mots-clés :
- diversité de genre,
- innovation,
- effet médiateur,
- performance de l’entreprise,
- régression GMM,
- données de panel
Resumen
Este estudio examina el efecto mediador de la innovación en la relación entre diversidad de género y desempeño empresarial. Utilizando un panel de firmas francesas del índice SBF120 (2013-2017), las regresiones del método generalizado de momentos revelan que la presencia de mujeres en el consejo de administración y en el comité ejecutivo influye positivamente en la innovación y el desempeño empresarial, y la innovación juega un papel mediador entre la diversidad de género y el desempeño. Concluimos que la diversidad de género a niveles estratégicos mejora el proceso de toma de decisiones de la empresa, facilitando la iniciativa de innovar.
Palabras clave:
- diversidad de género,
- innovación,
- efecto mediador,
- desempeño de la empresa,
- regresión GMM,
- datos de panel
Appendices
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