Does the Female Presence in Corporate Governance Influence the Level of Indebtedness in Agri-Food Family Firms?

Family firms form the backbone of most world’s economies. While issues surrounding family are diverse, gender diversity and its impact on strategic financial decisions such is a topic that has generated significant debate in recent years. In particular, one crucial unresolved questions whether or not increasing female presence firms’ corporate governance bodies would be beneficial for improving their internal functioning. To shed new light these issues, our study aims to examine influence level indebtedness Spanish agri-food firms. Specifically, applying risk-aversion perspective, research goal analyse structures (board directors, top management team general shareholders’ meeting) influences firm indebtedness. test suggested relationships, ordinary least square regression models were applied sample 137 The final was obtained by combining quantitative data from SABI database qualitative survey conducted Institute Firms Network Business Chairs. This reveals an inverse relationship board team, meeting other words, findings show contributes enhanced business behaviour and, thus, better utilisation financing strategies. results have very important practical social implications, insofar as they contribute building more inclusive sustainable world, aimed at reducing inequality positions