The DOI matches its Crossref record; 107 of the 107 references it cites were found in a registry or an index.
Gender Diversity and Securities Fraud
Open accessAbstract
We formulate theory on the effect of board of director gender diversity on the broad spectrum of securities fraud, and generate three key insights. First, based on ethicality, risk aversion, and diversity, we hypothesize that gender diversity on boards can operate as a significant moderator for the frequency of fraud. Second, we advance that the stock market response to fraud from a more gender-diverse board is significantly less pronounced. Third, we posit that women are more effective in male-dominated industries in reducing both the frequency and severity of fraud. Results of our novel empirical tests, based on data from a large sample of Chinese firms that committed securities fraud, are largely consistent with each of these hypotheses.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
DiMaggio, P. J., & Powell, W. W. (1983) · American Sociological Review · doi:10.2307/2095101 · Cited by 38,435
DiMaggio, P. J., & Powell, W. W. (2004) · Advances in Strategic Management · doi:10.1016/s0742-3322(00)17011-1 · Cited by 25,802
Upper Echelons: The Organization as a Reflection of Its Top Managers
Hambrick, D. C., & Mason, P. A. (1984) · The Academy of Management Review · doi:10.5465/amr.1984.4277628 · Cited by 10,220
The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems
JENSEN, M. C. (1993) · The Journal of Finance · doi:10.1111/j.1540-6261.1993.tb04022.x · Cited by 8,528
Higher market valuation of companies with a small board of directors
Yermack, D. (1996) · Journal of Financial Economics · doi:10.1016/0304-405x(95)00844-5 · Cited by 6,603
The Econometrics of Financial Markets
Campbell, J. Y., Lo, A. W., & MacKinlay, A. C. (2012) · Princeton University Press eBooks · doi:10.2307/j.ctt7skm5 · Cited by 5,875
Women in the boardroom and their impact on governance and performance☆
Adams, R. B., & Ferreira, D. (2009) · Journal of Financial Economics · doi:10.1016/j.jfineco.2008.10.007 · Cited by 5,711
Boys will be Boys: Gender, Overconfidence, and Common Stock Investment
Barber, B. M., & Odean, T. (2001) · The Quarterly Journal of Economics · doi:10.1162/003355301556400 · Cited by 5,276
Regression Models for Categorical and Limited Dependent Variables
Calvin, J. A. (1998) · Technometrics · doi:10.1080/00401706.1998.10485496 · Cited by 5,201
The Econometrics of Financial Markets
Campbell, J. Y., Lo, A. W., & MacKinlay, A. C. (1997) · doi:10.1515/9781400830213 · Cited by 5,008
Cited by
The role of board gender and foreign ownership in the CSR performance of Chinese listed firms
McGuinness, P. B., Vieito, J. P., & Wang, M. (2017) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2016.11.001 · Cited by 939
Jeong, S.-H., & Harrison, D. A. (2017) · Academy of Management Journal · doi:10.5465/amj.2014.0716 · Cited by 429
Shi, W., Connelly, B. L., & Hoskisson, R. E. (2017) · Strategic Management Journal · doi:10.1002/smj.2560 · Cited by 299
Metadata
- Authors
- Cumming, D., Leung, T. Y., & Rui, O.
- Venue
- Academy of Management Journal
- Publisher
- Academy of Management
- Published
- 2015-10
- Volume
- 58
- Issue
- 5
- Pages
- 1572-1593
- ISSN
- 0001-4273 (ISSN-L)
- 1948-0989
- OpenAlex
- W3124618612
- Cited by
- 770
- References
- 107
- FWCI
- 55.22
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Gender Diversity and Securities Fraud. https://app.cochat.ai/papers/10.5465/amj.2013.0750
- The paper
- Cumming, D., Leung, T. Y., & Rui, O. (2015). Gender Diversity and Securities Fraud. Academy of Management Journal. https://doi.org/10.5465/amj.2013.0750
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
