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Network Connections and Board Seats: Are Female Networks Less Valuable?

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  • Emma von Essen
  • Nina Smith

Abstract

We investigate how sizes of professional networks affect the probability of appointment to a supervisory board and whether the effect is gendered. Using an employer-employee data set of the Danish labor market, 1995–2011, we find larger networks to associate with a higher probability of becoming a first-time director. The effect is larger for men. One explanation is that men, compared with women, have more connections to larger and listed firms and to other males—attributes that increase the appointment probability. Women who have connections to incumbent directors before being appointed director have more labor market experience than other directors.

Suggested Citation

  • Emma von Essen & Nina Smith, 2023. "Network Connections and Board Seats: Are Female Networks Less Valuable?," Journal of Labor Economics, University of Chicago Press, vol. 41(2), pages 323-360.
    • Handle: RePEc:ucp:jlabec:doi:10.1086/719965
    DOI: 10.1086/719965
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    Cited by:

    1. Zhu, Maria, 2023. "New Evidence on the Underrepresentation of Asian Americans in Leadership Positions," IZA Discussion Papers 16230, Institute of Labor Economics (IZA).

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