New issue of the Corporate Board: Role, Duties and Composition journal

We are pleased to present the first issue of 2023 of the journal Corporate Board: Role, Duties and Composition. This issue contains four contributions covering a number of interesting topics. Topics covered include artificial intelligence (AI), board of directors, critical mass, tokenism, socio-emotional wealth, board gender diversity, dominant coalition, corporate governance, ethnic diversity, value relevance, firm market value, data science, ethical decision-making, organizational ethics, and transparency. This issue is represented by authors from several locations, including Italy, Canada, Portugal, and Ukraine.

You are welcome to browse the full issue at the following link .

The first study in the issue co-authored by Ilaria Galavotti and Carlotta D’Este investigates the impact of female chief executive officers (CEOs) on women’s representation on the board of directors. As scholars maintain that positive effects exerted by board gender diversity on firms’ performance depend on the achievement of a critical mass, the authors focus on the role of female CEOs as a determinant of the number of appointed women in the context of family businesses, exploring how the persistence of gender stereotypes, along with homosocial reproduction and individual socio-emotional wealth objectives affect tokenism phenomena.

The purpose of the research by Caroline Talbot, Michel Coulmont, and Sylvie Berthelot is to examine whether investors take the ethnic diversity of boards of directors into account. The authors based on a sample of 563 Canadian firms listed on the Toronto Stock Exchange (TSX) for fiscal years 2019 to 2021. The study conducted in the Canadian context corroborates the results observed in some previous work by confirming the positive impact that gender and ethnic diversity can have on business performance.

In their study, Anacleto Correia and Pedro B. Água explore the novel intersection of corporate governance and AI, addressing the crucial question: How can AI be leveraged to enhance ethical and transparent decision-making within the corporate environment? Drawing from current studies on organizational governance, AI ethics, and data science, their research raises the curtain on the potential of AI in augmenting traditional governance mechanisms, while also scrutinizing the ethical quandaries and challenges it may pose.

The current issue ends with Alexander Kostyuk’s review of the conference book titled “New outlooks for the scholarly research in corporate governance” edited by Marco Tutino, Valentina Santolamazza, and Alexander Kostyuk (Virtus Interpress, 2023; ISBN: 978-617-7309-23-8). Modern corporate governance is indeed a dynamic and changing set of guidelines, practices, and procedures that are used to steer and manage a company forward. International conference New Outlooks for Scholarly Research in Corporate Governance held online on June 8, 2023, approached in investigating factors that are inherent in today’s discussions of corporate governance deviate.

We hope that reading this issue will be pleasant and informative for you!