Diversity in human and social capital: Empirical evidence from Asian tourism firms in corporate board composition

被引：47
|
作者：
Ooi, Chai-Aun [1 ]
Hooy, Chee-Wooi [1 ]
Som, Ahmad Puad Mat [2 ]
机构：
[1] Univ Sains Malaysia, Sch Management, George Town 11800, Malaysia
[2] Univ Sains Malaysia, Sch Housing Bldg & Planning, George Town 11800, Malaysia
来源：
TOURISM MANAGEMENT | 2015年 / 48卷
关键词：
Tourism; Board of directors; Human capital; Social capital; Crisis; Performance; TOO BUSY; PERFORMANCE; DIRECTORS; OWNERSHIP; STRATEGY; IMPACT; POWER; SIZE;
D O I：
10.1016/j.tourman.2014.11.002
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
This study examines the links between the composition of the board of directors of 85 tourism firms in China, Hong Kong, Malaysia and Singapore and firm performance for the period 2001 to 2012. Distinctions are made between the composition of board's human and social capital, and it is generally found that diversity in board's social capital is positively related with firm performance, especially during periods of crisis. Nonlinearities are found in the relationship between diversification of board and firm performance, suggesting that an over-diversification of the composition of human and social capital can impede firm performance. Various recommendations are made based upon the findings. (C) 2014 Elsevier Ltd. All rights reserved.
引用
收藏
页码：139 / 153
页数：15
相关论文
共 50 条
  • [41] Board gender diversity reforms and corporate social responsibility: International evidence
    Xin, Yingying
    Thewissen, James
    Tsang, Albert
    Yan, Shuo
    JOURNAL OF BEHAVIORAL AND EXPERIMENTAL FINANCE, 2025, 45
  • [42] Board gender diversity and social disclosures: some empirical evidence from Indian companies
    Arora, Akshita
    Singh, Kuldeep
    CORPORATE COMMUNICATIONS, 2024, 29 (06) : 860 - 878
  • [43] Organizational slack and corporate social performance: Empirical evidence from China’s public firms
    Erming Xu
    Hui Yang
    J. Martina Quan
    Yuan Lu
    Asia Pacific Journal of Management, 2015, 32 : 181 - 198
  • [44] Organizational slack and corporate social performance: Empirical evidence from China's public firms
    Xu, Erming
    Yang, Hui
    Quan, J. Martina
    Lu, Yuan
    ASIA PACIFIC JOURNAL OF MANAGEMENT, 2015, 32 (01) : 181 - 198
  • [45] Board of director characteristics and corporate labour investment efficiency: empirical evidence from European-listed firms
    Al-Hiyari, Ahmed
    Kolsi, Mohamed Chakib
    Lutfi, Abdalwali
    Alrawad, Mahmaod
    CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY, 2025, 25 (02): : 367 - 388
  • [46] The Association of Board Characteristics and Corporate Social Responsibility Disclosure Quality: Empirical Evidence from Pakistan
    Hameed, Faisal
    Alfaraj, Mohammad
    Hameed, Khizar
    SUSTAINABILITY, 2023, 15 (24)
  • [47] Family firms and corporate social performance: evidence from Korean firms
    Kim, Ari
    Lee, Youkyoung
    ASIA PACIFIC BUSINESS REVIEW, 2018, 24 (05) : 693 - 713
  • [48] Corporate governance, human capital, and productivity: evidence from Chinese non-listed firms
    Kong, Gaowen
    Kong, Dongmin
    APPLIED ECONOMICS, 2017, 49 (27) : 2655 - 2668
  • [49] Institutions, board structure, and corporate performance: Evidence from Chinese firms
    Chen, Tao
    JOURNAL OF CORPORATE FINANCE, 2015, 32 : 217 - 237
  • [50] Social Capital and Competitive Advantage: Empirical Evidence from Travel and Tourism Industries in Saudi Arabia
    Al-Hazmi, Nabil Mohemmed
    INTERNATIONAL TRANSACTION JOURNAL OF ENGINEERING MANAGEMENT & APPLIED SCIENCES & TECHNOLOGIES, 2022, 13 (06):
12345