期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2021
卷号：11
期号：11
页码：789-799
DOI：10.6007/IJARBSS/v11-i11/11338
语种：English
出版社：Human Resource Management Academic Research Society
摘要：The primary aim of this paper is to provide a systematic review of literature on corporate governance and cultural diversity. The systematic review is conducted using qualitative and quantitative articles published in Scopus and web of science. This study is being undertaken in the recent period, i.e., 2016 to 2020. The initial sample comprised 247 papers from Scopus and web and science. After the screening, the sample thus obtained includes 45 studies for the analysis. The result highlights that the cultural diversity of the board is an essential component for improving governance. The fruits of cultural diversity can be obtained in multiple ways; therefore, management of the company and the managers need to be particularly careful while diversifying their corporate boards. Furthermore, the results show that culture is equally important for developed, developing, and emerging economies.
