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

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Author Info
Siri Terjesen () (Queensland University of Technology and Max Planck Institute of Economics, Jena)
Val Singh (Cranfield University)

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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 forty-three 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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Publisher Info
Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek in its series Jena Economic Research Papers in Economics with number 2008-009.

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Date of creation: 30 Jan 2008
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Handle: RePEc:jrp:jrpwrp:2008-009

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Web page: http://www.jenecon.de

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Related research
Keywords: Corporate Boards; Environmental Context; Female Directors; Gender; Multi-country; Pay Gap; Political Representation;

Find related papers by JEL classification:
F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
M10 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - General
M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executive Compensation
M14 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Corporate Culture; Social Responsibility
M51 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Firm Employment Decisions; Promotions

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