Contrasting corporate profiles: Women and minority representation in top management positions

Fryxell, Gerald E.; Lerner, Linda D.

doi:10.1007/bf00381725

Cited by 60 publications

(49 citation statements)

References 14 publications

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“…This suggests that industry factors do influence the representation of women on corporate boards, consistent with previous findings by Fryxell and Lerner (1989) and Harrigan (1981).…”

Section: Discussion Of Empirical Resultssupporting

confidence: 90%

“…Some empirical evidence suggests industry is significant in explaining the representation of women on corporate boards (e.g., Fryxell and Lerner, 1989;Harrigan, 1981). 4 Harrigan (1981), for example, finds that women directors are more prevalent in service-oriented, labor-intensive or women's products industries than in manufacturing and diversified industries.…”

Section: Related Literaturementioning

confidence: 99%

“…We include measures of firm size, board size, institutional shareholdings, board compensation, firm performance, firm risk, a proxy for cultural aspects of the firm, and industry controls in the regression specification. As previously noted, some empirical evidence suggests industry is significant in explaining the representation of women on corporate boards (e.g., Fryxell and Lerner, 1989;Harrigan, 1981). We account for these differences by combining firms into industry classifications primarily based on three-and four-digit primary SIC codes and creating industry fixed effects based on these classifications.…”

Section: Defining Independent Variablesmentioning

confidence: 99%

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Additions to corporate boards: the effect of gender

Farrell¹,

Hersch²

2005

Journal of Corporate Finance

918

654

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During the decade of the 1990s the number of women serving on corporate boards increased substantially. Over this decade, we show that the likelihood of a firm adding a woman to its board in a given year is negatively affected by the number of woman already on the board. The probability of adding a woman is materially increased when a female director departs the board. Adding a director, therefore, is clearly not gender neutral. Although we find that women tend to serve on better performing firms, we also document insignificant abnormal returns on the announcement of a woman added to the board. Rather than the demand for women directors being performance based, our results suggest corporations responding to either internal or external calls for diversity.

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“…This suggests that industry factors do influence the representation of women on corporate boards, consistent with previous findings by Fryxell and Lerner (1989) and Harrigan (1981).…”

Section: Discussion Of Empirical Resultssupporting

confidence: 90%

Section: Related Literaturementioning

confidence: 99%

Section: Defining Independent Variablesmentioning

confidence: 99%

See 1 more Smart Citation

Additions to corporate boards: the effect of gender

Farrell¹,

Hersch²

2005

Journal of Corporate Finance

918

654

View full text Add to dashboard Cite

show abstract

“…Burgess and Tharenou, 2002;Hillman et al, 2002;Kesner, 1988) and social networks (Burke, 1997). Firm-centred research has explored corporate governance practice, presence of senior women managers and barriers (Coffey and Wang, 1998;Fryxell and Lerner, 1989;Oakley, 2000) and the effect of gender diversity on firm philanthropy (Williams, 2003) and social responsiveness (Ibrahim and Angelidis, 1995). In addition to individual and firm level factors, there may be underlying conditions in the national environment that contribute to the representation of women on corporate boards.…”

Section: Introductionmentioning

confidence: 99%

Female Presence on Corporate Boards: A Multi-Country Study of Environmental Context

2008

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ABSTRACT. A growing body of ethics research investigates gender diversity and governance on corporate boards, at individual and firm levels, in single country studies. In this study, we explore the environmental context of female representation on corporate boards of directors, using data from 43 countries. We suggest that women's representation on corporate boards may be shaped by the larger environment, including the social, political and economic structures of individual countries. We use logit regression to conduct our analysis. Our results indicate that countries with higher representation of women on boards are more likely to have women in senior management and more equal ratios of male to female pay. However, we find that countries with a longer tradition of women's political representation are less likely to have high levels of female board representation.

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“…To consider it, a dummy variable was included in our modeling taking the value (1) if the company operates in the service sector; otherwise, the value (0). The sectoral specificity remains crucial in explaining the presence of women in the board (Fryxell & Lerner, 1989;Harrigan, 1981). For example, Harrigan (1981) concluded that women are better represented in the boards of enterprises of the service sector unlike manufacturing enterprises.…”

Section:  Exogenous Variablesmentioning

confidence: 99%

Feminization of Boards and Cameroonian Public Enterprise Performance

Njiké

Wanda²

2016

IJBM

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If in the past few years, many authors seek to characterize the boards of directors in connection with performance proposing classifications based on sociodemographic characteristics of administrators, particularly in terms of gender diversity, the results of previous studies show that connection between the feminization of the boards of directors and the performance of the company is not consensual. We then try to test the impact of the feminization of the boards of directors on the performance of the Cameroonian public enterprises.We have formulated a probabilistic model which is tested from a logistic regression based on data from a sample size of 26 public companies in Cameroon over a period of 4 years (2009)(2010)(2011)(2012). Our results demonstrate that Cameroon public enterprise performance cannot be attributed to the gender diversification resulting from their presence at the level of management.

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Contrasting corporate profiles: Women and minority representation in top management positions

Cited by 60 publications

References 14 publications

Additions to corporate boards: the effect of gender

Additions to corporate boards: the effect of gender

Female Presence on Corporate Boards: A Multi-Country Study of Environmental Context

Feminization of Boards and Cameroonian Public Enterprise Performance

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