Journals / Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2021 / Cilt: 39 - Sayı: 1

The Effect of Board Structure on Sustainable Innovation Capability: A Research on Turkey

Yönetim Kurulu Yapısının Sürdürülebilir İnovasyon Yeteneği Üzerindeki Etkisi: Türkiye’de Bir Araştırma

Pages
103–120
Publication Date
2022-10-18
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result of regression analysis using the robust estimator developed by Beck-Katz (1995), it was found that gender diversity and role duality in the board of directors had a statistically significant negative impact on sustainable innovation capability.

📌 3 Key Takeaways

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Objective & Hypothesis:The continuous development of information technology under intense competition environment and shortening in the product life cycles based on short-term changes in customer demands lead to complexity and uncertainty in business environments.
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Key Findings & Data:In line with this purpose, the data of the companies included in the Istanbul Stock Exchange 100 Index for the years 2009 – 2017 were examined by panel data analysis method.
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Conclusion & Impact:As a result of regression analysis using the robust estimator developed by Beck-Katz (1995), it was found that gender diversity and role duality in the board of directors had a statistically significant negative impact on sustainable innovation capability.
🔬Design:Research Article
📍Scope:2009 – 2017 Verileri
⚙️Variables:Domain Parameters

Abstract

The continuous development of information technology under intense competition environment and shortening in the product life cycles based on short-term changes in customer demands lead to complexity and uncertainty in business environments. This situation features the sustainable innovation capabilities of enterprises, highlighting their significance. In this context, the objective of this study is to determine the impact of board structure on the innovation capabilities of businesses. In line with this purpose, the data of the companies included in the Istanbul Stock Exchange 100 Index for the years 2009 – 2017 were examined by panel data analysis method. As a result of regression analysis using the robust estimator developed by Beck-Katz (1995), it was found that gender diversity and role duality in the board of directors had a statistically significant negative impact on sustainable innovation capability. However, it was also observed that the ratio of foreign members in the board of directors and the size of the enterprise had a statistically significant positive impact on sustainable innovation capability.

Özet

Yoğun rekabet koşulları altında bilgi teknolojisinin sürekli olarak gelişim içerisinde olması ve müşteri taleplerinde ortaya çıkan kısa süreli değişimlere bağlı ürün yaşam döngülerinde meydana gelen kısalmalar, işletmelerin çalışma ortamlarında karmaşıklığa ve belirsizliğe sebebiyet vermektedir. Bu durum, işletmelerin sürdürülebilir inovasyon yeteneklerini ön plana çıkarmakta ve önem arz eder bir konuma getirmektedir. Bu çerçevede çalışmanın amacı, yönetim kurulu yapısının işletmelerin inovasyon yetenekleri üzerindeki etkisini tespit etmektir. Söz konusu amaç doğrultusunda, Borsa İstanbul 100 Endeksi’ nde yer alan şirketlerin 2009 – 2017 yıllarına ait verileri, panel veri analizi yöntemi ile incelenmiştir. Beck-Katz (1995) tarafından geliştirilen dirençli tahminci kullanılarak gerçekleştirilen regresyon analizi sonucunda; yönetim kurulu cinsiyet çeşitliliğinin ve rol ikiliğinin sürdürülebilir inovasyon yeteneği üzerinde negatif yönde istatistiksel açıdan anlamlı etkisinin olduğu tespit edilmiştir. Bununla birlikte, yönetim kurulu yabancı üye oranı ve işletme büyüklüğünün sürdürülebilir inovasyon yeteneği üzerinde ise pozitif yönde istatistiksel açıdan anlamlı etkisinin olduğu görülmüştür.

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Cite This Article

ÖZTÜRK, S., GEREKAN, B. (2022). The Effect of Board Structure on Sustainable Innovation Capability: A Research on Turkey. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 39 - Sayı: 1, 103–120. https://ajindex.com/articles/532895

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