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Nacasius U Ujah

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As seen in: Wiley Online Library, Journal of Accounting and Public Policy, MDPI, Taylor & Francis Online, Managerial Finance
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Articles by Nacasius U Ujah

Good name better than riches? New female director appointments and managerial competence

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By Augustine Tarkom, Renee Oyotode-Adebile, Nacasius U Ujah
| Taylor & Francis Online
Abstract This study explores the relationship between new female director appointments and managerial ability for a sample of 18,216 US firm-year observations representing 1,885 distinct publicly traded firms. Using a two-stage instrumental variable, we find that new female director appointments are associated with a decrease in managerial ability. This effect is robust to alternative measures, endogeneity corrections, and matched sample approaches.
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The Moderating Effect of a Golden Parachute on the Association between CSR and Firm Value: Does Gender-Driven Innovation Matter?

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By Collins E Okafor, Nacasius U Ujah, Eunho Cho, Winifred U. Okafor
| MDPI
1. Introduction Corporate social responsibility (CSR) is a crucial component of contemporary business, and innovative CSR strategies can help organizations stand out from the competition and positively impact society. However, there is no consensus in the literature on the impact of CSR on firm performance. There is evidence suggesting a positive association between a firm’s CSR engagements and its financial performance [,,,]. In contrast, some empirical studies find a negative association [,,].
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Is social capital a determinant of board gender diversity?

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By Nacasius U Ujah, Renee Oyotode-Adebile
| Wiley Online Library Verified
We examine the impact of social capital on board gender diversity among U.S. firms. We test whether trust and social networks in a county lead to an increase in female board representation. We find that firms headquartered in high-social-capital counties have higher diversity in their corporate board. Economically, we estimate that a 1 standard deviation (SD) increase in social capital leads to a 0.042 SD increase in board gender diversity.
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