Gender discrimination before mandated quotas? Evidence from Norway: 1989–2002

Strøm, R. Øystein

doi:10.1016/j.scaman.2015.02.006

Cited by 14 publications

(4 citation statements)

References 48 publications

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“…A busy CEO is defined as a CEO that sits on two or more companies' boards (Strøm, 2015). In Palestine, the corporate governance code requires the CEO of a publicly listed firm to be a fulltime employee in order to allow them to concentrate on managing their company's affairs.…”

Section: Ceo Busynessmentioning

confidence: 99%

The effect of board multiple directorships and CEO characteristics on firm performance: evidence from Palestine

Saleh

Shurafa

Shukeri

et al. 2020

JAEE

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PurposeThe purpose of this study is to empirically examine the effect of board multiple directorships and chief executive officer (CEO) characteristics on firm performance among nonfinancial firms listed on the Palestine Security Exchange (PSE) during the period from 2009 to 2016.Design/methodology/approachBased on 200 observations, this study utilizes panel data to examine the effect of the predictors on firm performance measured by return on assets. The analysis is repeated using the return on equity and two regression methods to evaluate the robustness of the main analysis (pooled regression, and backward stepwise regression analysis).FindingsThe results show that the “busyness” of a CEO reduces their effectiveness and is associated with losses in the companies where they are in charge. On the other hand, the results show that CEO tenure, CEO experience and CEO political connections have a positive effect on corporate performance.Originality/valueThis study is timely given that the practice of multiple directorships is widely common among firms in developing countries. Prior research in Palestine has not investigated the role of multiple directorships and the CEO characteristics on corporate outcomes. This study provides a picture of the potential benefits to firms, policymakers and professional bodies from considering CEO variables. The findings of such an examination can help them to set up suitable policies and enhance the role and the quality of the CEO in firms.

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Section: Ceo Busynessmentioning

confidence: 99%

The effect of board multiple directorships and CEO characteristics on firm performance: evidence from Palestine

Saleh

Shurafa

Shukeri

et al. 2020

JAEE

View full text Add to dashboard Cite

show abstract

“…& Martin, A. (2011) [13] examined gender diversity in a sample of Spanish SMEs and discovered that the presence of women on boards has a negative impact on firm performance because female directors use less risky strategies, and companies with more assets, less debt, and larger boards appoint more women directors. Bernardi, R., Bosco, S. & Columb, V. (2009) [5] also found that having a higher percentage of female in the board of directors of a Fortune's 500 company being indexed in the Ethisphere Magazine's list of 'World's Most Ethical Companies'.…”

Section: Review Literaturementioning

confidence: 99%

“…Cavaletto, G.M., et al (2018) [6] found a lack of equal opportunity policies in the sample companies, as well as gender prejudice in promotions to senior positions. Øystein Strøm, R. (2015) [13] on the other hand, examined the impact of gender quotas on female board representation in Norway from 1989 to 2002 and discovered no discrimination during the study period. In her study, Sonia, S. (2014) [16] found that 56 percent of the sample firms had at least one female director on their board, whereas 32 percent of the sample companies had solely male directors on their boards.…”

Section: Review Literaturementioning

confidence: 99%

Women on board a comparative study of public and private sector banks

Sharma

2023

Int. J. Finance Manage. Econ.

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The present study reveals gender inequality in the boards of Indian banks. The present study examines the impact of section 149 of the Companies Act 2013 on female directors' appointment to the board of directors in the Indian Banking Sector. The present study also examines whether there is a need to revise the existing law. Data from five public-sector banks and five private-sector banks were collected for this study over a ten-year period, from 2010-11 to 2019-20. Various statistical methods, such as mean, percentage, "t" test, and Paired t test, were used for analysis. According to the study's findings, the majority of sample banks are just following the law and appointing one female director to their board. Data shows significant gender inequality on corporate boards. Second, there has been an increase in the number of female directors appointed to BODs after the implementation of the Companies Act 2013. Lastly, results show that there is more gender inequality on the boards of public sector banks than on the boards of private sector banks.

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“…The issue is timely, as several Scandinavian countries are considering implementing such measures in legislation, and Norway has, for example, ruled that companies must have at least 40 percent women on their boards of directors (Strøm, 2015). In Sweden, a government bill forcing a limit on the sex ratio amongst private company board members was retracted from a parliamentary vote (Justitiedepartementet, 2016), and the government is currently policing universities to limit the sex ratio amongst academic professors (Nilsson, 2014;Hellmark Knutsson, 2017).…”

Section: Introductionmentioning

confidence: 99%

Explicating Politicians' Arguments for Sex Quotas in Sweden: Increasing Power and Influence Rather Than Increasing Quality and Productivity

Madison

2019

Front. Commun.

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Quotas are employed or proposed in several European countries as a means to decrease differences in outcomes across groups. Quotas belong to a family of biased selection and treatment measures based on group membership, rather than individual ability. The effects of such measures depend on the underlying model of the relevant variables and their relationships, but this model is not explicit in the political discourse. Here, thematic analysis is applied to statements that argue for legislated sex quotas in Sweden, issued by leading politicians and government officials. The most common, recurrent themes are that: (a) Women are at least as able as men; (b) less able men are currently selected over more able women; (c) the proportion of women should be increased to at least 40%, which (d) will increase organizations' quality and productivity; (e) this should be achieved by means of quotas but (f) not through improved meritocratic assessment. It is shown that these claims are inconsistent, as (1) improved meritocratic assessment was not proposed, although that would more effectively select the more able than would quotas, and (2) quotas will lead to lower rather than higher quality and productivity, as it demands that the less able be appointed if they are female. This suggests that the purpose of quotas is to increase the influence of the favored group even if it is currently less able.

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Gender discrimination before mandated quotas? Evidence from Norway: 1989–2002

Cited by 14 publications

References 48 publications

The effect of board multiple directorships and CEO characteristics on firm performance: evidence from Palestine

The effect of board multiple directorships and CEO characteristics on firm performance: evidence from Palestine

Women on board a comparative study of public and private sector banks

Explicating Politicians' Arguments for Sex Quotas in Sweden: Increasing Power and Influence Rather Than Increasing Quality and Productivity

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