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How organizational board compositions lead to a higher job satisfaction: an empirical analysis of US and UK companies
International Journal of Disclosure and Governance Pub Date : 2023-08-04 , DOI: 10.1057/s41310-023-00191-7
Doaa Aly , Muath Abdelqader , Tamer K. Darwish , Arshad Hasan , Anna Toporkiewicz

The relationship between board characteristics and micro-level organizational factors is an area that has been significantly under-researched, and there is a lack of understanding of how these two elements interact with each other. Hence, we aim to explore how board characteristics could potentially have an impact on individual-level job satisfaction. The dataset used for this study encompasses a total of 4020 observations gathered from 804 companies listed in the FTSE 350 and S&P 500 indices, and it covers the period spanning from 2016 to 2021. The results of the adopted multiple regression analysis showed significant positive relationships between board gender diversity, diversity of specific skills, board independence, board meeting attendance, board size, and average board tenure and employees’ job satisfaction of the companies under analysis. However, cultural diversity was not found to have a significant impact on employees’ satisfaction. We draw out the theoretical implications of these findings and provide practical recommendations regarding companies’ boards composition and structure that help them to enhance the level of their employees’ job satisfaction.



中文翻译:

组织董事会的组成如何带来更高的工作满意度:对美国和英国公司的实证分析

董事会特征与微观组织因素之间的关系是一个研究严重不足的领域,并且对这两个要素如何相互作用缺乏了解。因此,我们的目标是探索董事会特征如何可能对个人层面的工作满意度产生影响。本研究使用的数据集包含从 FTSE 350 和 S&P 500 指数中列出的 804 家公司收集的总共 4020 个观察数据,涵盖 2016 年至 2021 年期间。采用的多元回归分析结果显示,董事会性别多样性、具体技能的多样性、董事会独立性、董事会会议出席率、董事会规模、以及所分析公司的平均董事会任期和员工的工作满意度。然而,文化多样性并未对员工满意度产生显着影响。我们总结了这些研究结果的理论意义,并提供了有关公司董事会组成和结构的实用建议,帮助他们提高员工的工作满意度水平。

更新日期:2023-08-04
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