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Board Gender Diversity and Firm Financial Performance Dispersion: Evidence from the Middle East

  • HABASH, Nojoud;ABUZAROUR, Bashar
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.365-375
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    • 2022
  • This study examines the relationship between board gender diversity and financial performance. The annual data of Palestinian nonfinancial listed enterprises from 2015 to 2019 was analyzed using a longitudinal panel analysis for the study's purposes. When conditional mean regression methodologies were used in the study, the results indicate that there is an insignificant relation between board gender diversity and firm financial performance. However, when analyzing women directors' effect on a firm's financial performance, endogeneity is always a concern, therefore, we test for endogeneity by employing the Darbin-Wu Housman test and then by using 2SLS. Nevertheless, when looking at the dispersion of a firm's performance using quantile regression, the results show that having women on the board improves financial performance slightly, especially for high-financial-performing firms. The findings indicate that there is a legal significant gap hindering the protection of gender diversity in boardrooms, and limiting the existence and representation of women in leadership positions, specifically, board of directors. The results of this study contribute to corporate governance and business culture literature by shedding the light on the importance of board gender diversity, to improve the firm financial performance, and hence, protect the interests of all shareholders' categories.

Fire research in Sweden for 1997-99

  • Arvidsson, Tommy
    • Proceedings of the Korea Institute of Fire Science and Engineering Conference
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    • 1997.11a
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    • pp.44-48
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    • 1997
  • The Swedish Fire Research Board was established in 1979 to initiate and fund relevant fire research efforts. The Board is responsible for a long term research programme revised every third year, and the Board is one of two major Swedish sponsors of all fire research. Beside the Board we also have the Swedish National Rescue Services, funded by the government. BRANDFORSK gives very high priority for the industry and the insurance company and the need they express for fire research. Research that the Rescue Services Board are funding is mainly focusing the need for the fire department. The Swedish Fire Research Board, BRANDFORSK, is the joint agency of the Swedish government, the insurance industry and the business sector, for the initiation, funding and supervision of different kinds of fire research. Work is directed by a Programme Board and is performed in the form of projects at universities, research institutes, state authorities and private firms. The Secretariat of BRANDFORSK shares the premises of the Swedish Fire Protection Association, SFPA, and the SFPA is the principal and the party which enters into agreement with the State. The programme for the period 1997-1999 has been drawn up on the basis of both damage development and the trends in society which can be noted, and the evident fire problems of the interested parties and their need for fire research. The inputs in the programme have been broken down seven problem areas. In every problem area different project areas are set out, and these primarily specify the aim of the work. Our seven problem-areas are; Costs and benefits of fire protection measure. The role and behaviour of people and organizations Fire In buildings Fire in underground facilities Rescue operations fire in industries Fire and the environment. In comparison with previous fire research programmes, cost/benefit studies have been accorded higher priority, and this is also reflected in other problem areas. Grater Emphasis

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Development of the real-time Imaging Processing Board Using FPGA (FPGA를 이용한 고속 영상처리보드의 개발)

  • 류형규;박홍민
    • Proceedings of the IEEK Conference
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    • 1998.10a
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    • pp.449-452
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    • 1998
  • In this study, the basic image-board and algorithm has been developed to extract a road lane by modeling the driving process. The high speed processing enables an image capture, processing and prompt decision making. In order to high speed processing ASIC like FPGA was designed and integrated in one board system. The algorithm enabling road driving must recognize a straight and bend edge separately. The high speed image processing board using FPGA can be used in real-time decision makeing system for road driving and in the machine vision under bad working environments like a coal mine. And it also can be used in the safety control system in subway and in image input system of CCTV and CATV by designing the board to meet various user's needs.

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Development of heat insulating boards by waste-newspaper (폐신문지에 의한 단열보드의 개발)

  • 정승수;이원희;장준복;이종윤
    • Journal of the Korea Furniture Society
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    • v.10 no.1
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    • pp.95-102
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    • 1999
  • The objective of this paper was the development of boards made from waste newspapers. The boards were produced from particle ONP(old newspaper) to reduce energy consumption in the board production process. ONP boards bonded with polyurethan adhesives(PU) were produced on a laboratory scale, and their physical and mechanical properties were examined. The average density of the ONP was $0.48g/cm^3$, and the densities of the boards were $0.50-0.90g/cm^3$. Therefore, th compaction ratios of the boards were in the range of 1.04-1.88. The results obtained were as follows: 1) An increase in board density results in a corresponding improvement in bending properties. 2) An increase in board density results in increased thermal conductivity. 3) In this research, ONP board can be used only for interior applications. To gain exrerior applications, the dimensional stability properties(thickness swelling and water absorption) need to be improved.

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Long Term Formaldehyde Emission Trend of Wood Panels Manufactured by F/U Molar Ratios in Urea Resin Adhesive (요소수지의 F/U 몰비별로 제조된 목질패널의 포름알데히드 장기 방출 경향)

  • Park, Heon
    • Journal of the Korea Furniture Society
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    • v.11 no.2
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    • pp.73-78
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    • 2000
  • This study was carried out to measure formaldehyde emission with the passing of two years from plywood, sliver-board and strand-board bonded with urea resins which were made of 6 f/U molar ratios. The urea resins were manufactured by six kinds of formaldehyde/urea molar ratio of 1.0, 1.2, 1.4, 1.6, 1.8 and 2.0. 1. The plywood with molar ratio of 1.0 satisfied the KS F3101 $F_2$ directly after manufacture. The plywood with molar ratio of 1.2 satisfied m 3 days. The plywood with molar ratio of 1.4 satisfied the $F_3$ in 3 days and the $F_2$ in 600 days. And the plywood with molar ratio of 1.8 and 2.0 satisfied the $F_3$ in 365 days, but didn't satisfy the $F_2$ in 730 days. 2. Sliver-board with molar ratio of 1.0 and 1.2 satisfied the KS F3104 $E_2$ right after manufacture. Sliver-board with molar ratio of 1.4 and 1.6 satisfied in 150 and 360 days, respectively. Sliver-board with molar ratio of 1.8 and 2.0 satisfied in 730 days. 3. Strand-board with molar ratio of 1.0 and 1.2 satisfied the KS F3104$ E_2$ directly after manufacture. Strand-board with molar ratio of 1.4 and 1.6 satisfied in 150 days. But Strand-board with molar ratio of 1.8 and 2.0 didn't satisfied in 730 days.

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Properties of Woodceramics Made from Thinned Logs of Cryptomeria japonica D. DON - Effect of steam injection and its time - (삼나무 간벌재로 제조된 우드세라믹의 성질 - 증기분사 및 그 시간의 영향 -)

  • Oh, Seung-Won
    • Journal of the Korean Wood Science and Technology
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    • v.29 no.2
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    • pp.69-75
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    • 2001
  • This study was carried out to investigate the properties of woodceramics made from thinned logs of Cryptomeria japonica. In order to find the effect of steam injection time on the woodceramics fabricated with boards, boards were made with the non-steamed treatment and steamed treatment 1, 5, 10 min. at $250^{\circ}C$. The percentage of weight loss was proportional to the increased density of board The reducing rate of length and thickness, however, decreased with increasing density of board. The rate of weight loss, length and thickness reduction in non-steamed board were slightly higher than those of steamed board. When the resin impregnation rate increased, the bending strength and compressive strength of woodceramics had a tendency to increase. The bending strength and compressive strength of woodceramics in non-steamed board was higher than those of steamed board. But there was little difference between dimensional and strength properties of woodceramics and steam injection time of board.

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Sound Absorption Capability and Bending Strength of Miscanthus Particle Based Board (억새 파티클보드의 흡음성능과 휨강도성능)

  • Kang, Chun-Won;Park, Hee-Jun;Jeon, Soon-Sik
    • Journal of the Korean Wood Science and Technology
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    • v.40 no.1
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    • pp.38-43
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    • 2012
  • Sound absorption capability and mechanical properties such as MOE and MOR in bending of miscanthus particle based board were estimated by the two microphone transfer function method and three point bending method, respectively. The results are summarized as follows: The sound absorption coefficients of miscanthus particle based board was higher than those of commercial gypsum board which is well used as sound absorbing barrier. The MOR and MOE of miscanthus particle based board increased with increasing of board density. The sound absorption coefficients of miscanthus particle based board were 50~80% in the frequency range of about 1~2.5 Khz. In entire frequency range, those value increased with target board density decreasing.

Computational Fluid Analysis for Otter Boards ( 1 ) - Pattern of Fluid Flow Besides Otter Board - (전개판에 대한 수치해석 ( 1 ) - 전개판 주위에서의 유체흐름의 패턴 -)

  • Ko, Kwan-Soh;Kwon, Byeong-Guk;Ro, Ki-Deok
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.26 no.4
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    • pp.333-340
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    • 1990
  • The authors carried out a visiualizational model test by the hydrogen bubble method to examine the pattern of the fluid flow besides the simple camber type and plane type otter board in circulation water channel. The experimental conditions are velocity of flow 0.05 and 0.1m/sec, angle of attack 0$^{\circ}$~45$^{\circ}$(5$^{\circ}$step). The results obtained are as follows: 1. In the case of the simple camber type otter board located angle of attack 25$^{\circ}$, vortex at the leading edge was geneated at 1/2 of chord length. 2. Size of the vortex generated in the trailing edge was about 2~3 times larger then that of the leading edge. 3. In the case of the simple camber type otter board located angle of attack 30$^{\circ}$, separation of stream-line at leading edge was generated at 1/3 of chord length. 4. Nearest stream-line in the back side of the simple camber type otter board was bent in the direction of otter board when the angle of attack was 25$^{\circ}$ and 30$^{\circ}$, and in the case of plane type otter board was expanded outside of the flow direction. 6. Area separated of the simple camber type otter board at the angle of attack 30$^{\circ}$ was smaller then that of plane type otter board. 7. Flow speed in the back side of the simple camber type otter board was about 1.4 times faster then that in the front side, and in the case of the plane otter board about 1.2 times faster.

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Studies on the new manufacturing process and physical, mechanical properties of barkboard (수피(樹皮)보드의 새로운 제조방법(製造方法)과 그 물리기계적(物理機械的) 성질(性質)에 관(關)한 연구(硏究))

  • Lee, Hwa-Hyoung
    • Journal of the Korean Wood Science and Technology
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    • v.17 no.4
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    • pp.26-34
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    • 1989
  • This study was carried out to manufacture bark board from oak bark by new processes and to examine the physical and mechanical properties of the board. This process with no addition of adhesive used higher pressure and temperature than the conventional one and was applied with or without paraformaldehyde. The results are as follows: 1. The new manufacturing process allowed a good bark board with high absorption coefficient. 2. The best manufacturing process for the mechanical properties of bark board was paraformaldehyde 10%-$250^{\circ}C$-100kg/$cm^2$-3 minutes, (bending strength 40kg/$cm^2$, internal bonding strength 2kg/$cm^2$) and the best manufacturing process for both the mechanical properties of bark board and economic point of view was $250^{\circ}C$-100kg/$cm^2$-3 minutes (bending strength 28kg/$cm^2$, internal bonding strength 1.52kg/$cm^2$). 3. Bark board showed specific gravities from 0.94 to 1.03 and air dried moisture content 9.2% to 11.7%, but Bark board needed paraffin wax emusion treatment. 4. The absorption coefficient of bark boards had two peaks along with frequency; one in 200-400 cps, the other 1200-2000 cps. The former was low but the latter great.

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