Gender Diversity and Financial Risk Disclosure: Investigating the Moderating Role of <scp>CEO</scp> Narcissism
ABSTRACT This study examines the role of gender diversity and CEO narcissism on financial risk disclosure using data from Pakistani‐listed firms from 2013 to 2022. Poisson regression analysis reveals that gender diversity positively influences financial risk disclosure, supporting both resource‐ and agency‐based reasoning. CEO narcissism moderates the relationship; however, it suggests that the agency‐based viewpoint has greater empirical validity. Given the apparent importance of diversity in signaling robust attitudes to risk even in the face of CEO narcissism, the study supports regulatory reform to encourage and consolidate female participation on the board.
Authors
- Bruce Burton (ORCID: https://orcid.org/0000-0003-2989-9024)
- Muhammad Akram Naseem (ORCID: https://orcid.org/0000-0001-9817-9464)
- Muhammad Ishfaq Ahmad (ORCID: https://orcid.org/0000-0003-1468-1073)
- Enrico Battisti (ORCID: https://orcid.org/0000-0002-4104-8217)
- Jili Liu (ORCID: https://orcid.org/0000-0002-7083-4823)
Institutions
- University of Lahore (PK)
- University of Dundee (GB)
- Wuhan Business University (CN)
- University of Turin (IT)
- Hubei University (CN)
- Teesside University (GB)
Publication Details
- Journal
- Corporate Social Responsibility and Environmental Management
- Published
- 2025-05-01
- DOI
- https://doi.org/10.1002/csr.3228
- Citations
- 2
- Primary Topic
- Gender Diversity and Inequality
- Type
- article
- Field-Weighted Citation Impact
- 7.73
Funders
- National Office for Philosophy and Social Sciences
- National Social Science Fund of China