Female Presence on Corporate
Boards: A Multi-Country Study of Environmental Context |
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Authors: | Siri Terjesen Val Singh |
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Institution: | 1.Brisbane Graduate School of Business,Queensland University of Technology,Brisbane,Australia;2.Entrepreneurship, Growth and Public Policy,Max Planck Institute of Economics,Jena,Germany;3.Texas Christian University,Fort Worth,U.S.A.;4.Cranfield School of Management,Cranfield University,Bedford,U.K. |
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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 43 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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Keywords: | corporate boards environmental context female directors gender multi-country pay gap political representation |
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