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Voices of Women in Boards Count, Effective Participation Counts More: A Board Gender Diversity Theoretical Framework

Author

Listed:
  • Pumela Msweli

    (University of South Africa, Graduate School of Business Leadership, South Africa)

  • Xoliswa Eugenia Kule

    (University of South Africa, Graduate School of Business Leadership, South Africa)

Abstract

This paper seeks to contribute to the board gender diversity debate by introducing a tool to capacitate women for effective and impactful board participation. The tool was developed using principal component analysis and incorporated the conceptual domain of board gender diversity and the lived experiences of board participants in South Africa. To validate the instrument, interviews were conducted with 19 participants from the boards of companies from three industry sectors; namely; oil and gas, mining and pharmaceutical sectors. The instrument was then completed by 193 respondents from the three sectors. The newly developed tool was found to be a 16-item tool with five dimensions named as: (1) valuability; (2) distinctiveness and confidence; (3) technical expertise; (4) worldly wisdom; and (5) industry and leadership experience. The tool introduced should be seen as a practical reference point to prepare women for effective board participation.

Suggested Citation

  • Pumela Msweli & Xoliswa Eugenia Kule, 2023. "Voices of Women in Boards Count, Effective Participation Counts More: A Board Gender Diversity Theoretical Framework," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 162-170, August.
    • Handle: RePEc:ovi:oviste:v:xxiii:y:2023:i:1:p:162-170
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    References listed on IDEAS

    as
    1. Mkhize Mkhethwa & Pumela Msweli, 2011. "The impact of female business leaders on the performance of listed companies in South Africa," South African Journal of Economic and Management Sciences, University of Pretoria, Faculty of Economic and Management Sciences, vol. 14(1), pages 1-7, March.
    2. Kenneth R. Ahern & Amy K. Dittmar, 2012. "The Changing of the Boards: The Impact on Firm Valuation of Mandated Female Board Representation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(1), pages 137-197.
    3. Marianne Bertrand & Sandra E Black & Sissel Jensen & Adriana Lleras-Muney, 2019. "Breaking the Glass Ceiling? The Effect of Board Quotas on Female Labour Market Outcomes in Norway," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(1), pages 191-239.
    4. Winfried Ruigrok & Simon Peck & Sabina Tacheva, 2007. "Nationality and Gender Diversity on Swiss Corporate Boards," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(4), pages 546-557, July.
    5. Jean SK Lee & Luh Luh Lan & Chris Rowley, 2014. "Why might females say no to corporate board positions? The Asia Pacific in comparison," Asia Pacific Business Review, Taylor & Francis Journals, vol. 20(4), pages 513-522, October.
    6. Collins Ntim, 2015. "Board diversity and organizational valuation: unravelling the effects of ethnicity and gender," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 19(1), pages 167-195, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    women in boards; board gender diversity; board composition; effective board participation;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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