Female directors, R&D activities and firms’ investment efficiency: evidence from China

Female directors on the board and investment efficiency: evidence from Korea

Asian Business & Management ◽

10.1057/s41291-019-00066-2 ◽

2019 ◽

Vol 19 (4) ◽

pp. 438-479 ◽

Cited By ~ 2

Author(s):

Young Zik Shin ◽

Jeung-Yoon Chang ◽

Kyeongmin Jeon ◽

Hyunpyo Kim

Keyword(s):

Investment Efficiency ◽

Female Directors

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Boards of directors in Russian publicly traded companies: the gender aspect

Voprosy Ekonomiki ◽

10.32609/0042-8736-2018-2-142-155 ◽

2018 ◽

pp. 142-155 ◽

Cited By ~ 1

Author(s):

T. A. Garanina ◽

A. A. Muravyev

Keyword(s):

Boards Of Directors ◽

Company Performance ◽

Corporate Boards ◽

Publicly Traded ◽

Publicly Traded Companies ◽

Representation Of Women ◽

Female Directors ◽

Female Director ◽

Gender Aspect ◽

Longitudinal Dataset

This article studies the gender composition of corporate boards of Russian companies, including its relation to company performance. The analysis is based on a unique longitudinal dataset of virtually all Russian companies whose shares were traded on the stock market in 1998-2014. It shows a relatively small representation of women, just 12% of all the seats, while about 40% of the companies did not have any female director. At the same time, both the share of companies that appoint female directors and the share of female directors on boards show a clear upward trend. The econometric analysis suggests a positive link between the presence of female directors on boards and company performance, especially when firms appoint several, rather than one, female directors.

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The Use of Cost-Benefit Analysis for Evaluating Efficiency of Public Investment Projects (The Case of Sochi-2014 Winter Olympic Games)

Voprosy Ekonomiki ◽

10.32609/0042-8736-2011-11-57-78 ◽

2011 ◽

pp. 57-78

Author(s):

I. Pilipenko

Keyword(s):

Net Present Value ◽

Olympic Games ◽

Cost Benefit Analysis ◽

Public Investment ◽

Cost Benefit ◽

Investment Efficiency ◽

Benefit Analysis ◽

Step Method ◽

Investment Projects ◽

The Usa

The paper analyzes shortcomings of economic impact studies based mainly on input- output models that are often employed in Russia as well as abroad. Using studies about sport events in the USA and Olympic Games that took place during the last 30 years we reveal advantages of the cost-benefit analysis approach in obtaining unbiased assessments of public investments efficiency; the step-by-step method of cost-benefit analysis is presented in the paper as well. We employ the project of Sochi-2014 Winter Olympic and Paralympic Games in Russia to evaluate its efficiency using cost-benefit analysis for five accounts (areas of impact), namely government, households, environment, economic development, and social development, and calculate the net present value of the project taking into account its possible alternatives. In conclusion we suggest several policy directions that would enhance public investment efficiency within the Sochi-2014 Olympics.

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