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How international are executive boards of European MNCs? Nationality diversity in 15 European countries

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  • van Veen, Kees
  • Marsman, Ilse
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    Abstract

    Summary In this paper, we describe and explain differences in nationality diversity within executive boards of European Multinational Corporations. Both country- as well as company-characteristics are included. The data consist of 2229 individual executives in 363 companies spread over 15 EU countries. It is concluded that in 2005, the executive boards of these companies are only marginally diverse in terms of nationalities. However, differences between European countries are substantial. The analyses show that these differences result from unique differences in governance regimes within the individual countries, and to a lesser extend the result of company characteristics.

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    Bibliographic Info

    Article provided by Elsevier in its journal European Management Journal.

    Volume (Year): 26 (2008)
    Issue (Month): 3 (June)
    Pages: 188-198

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    Handle: RePEc:eee:eurman:v:26:y:2008:i:3:p:188-198

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    Related research

    Keywords: Nationality diversity Executive board Top Management Team Managerial labour market Internationalization Upper Echelon Theory European Union;

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    Cited by:
    1. Ravasi, Claudio, 2013. "Les top managers internationaux des grandes entreprises suisses: profils et parcours de carrière," FSES Working Papers 445, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland.
    2. Oxelheim, Lars & Gregori, Aleksandra & Randøy, Trond & Thomsen, Steen, 2013. "On the Internationalization of Corporate Boards," Working Paper Series 951, Research Institute of Industrial Economics.
    3. Dalilawati Zainal & Norhayah Zulkifli & Zakiah Saleh, 2013. "Corporate Board Diversity in Malaysia: A Longitudinal Analysis of Gender and Nationality Diversity," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(1), pages 136-148, January.
    4. van Veen, Kees & Sahib, Padma Rao & Aangeenbrug, Evelien, 2014. "Where do international board members come from? Country-level antecedents of international board member selection in European boards," International Business Review, Elsevier, vol. 23(2), pages 407-417.
    5. Houda Ghaya & Gilles Lambert, 2012. "Caractéristiques de la diversité au sein des conseils d’administration et performance financière : une étude empirique sur les entreprises du CAC40," Working Papers of BETA 2012-14, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

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