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1 – 10 of over 18000Bill Dimovski, Luisa Lombardi, Christopher Ratcliffe and Barry John Cooper
There is a large literature advocating the importance of a greater proportion of women directors on boards of publicly listed firms. The purpose of this paper is to examine the…
Abstract
Purpose
There is a large literature advocating the importance of a greater proportion of women directors on boards of publicly listed firms. The purpose of this paper is to examine the numbers and proportions of women directors, including women executive directors, on listed Australian Real Estate Management and Development (REMD) companies to identify how prevalent women directors are on such boards.
Design/methodology/approach
The study examines the numbers and proportions of women directors for 35 REMDs in 2011 and compares this to the broad board composition data on 1,715 Australian Stock Exchange listed entities. Statistically significant findings are evident due to the identified low proportions.
Findings
The study finds that of all the Financials Sub Industry sector groups, REMDs have the lowest proportion of female directors on theirs boards – eight women on each of 35 company boards compared to 159 men on these 35 boards at 2011. Of the eight, there were only two women executive directors on boards compared to 50 men. Statistically, it appears that having women directors on REMD boards is not considered important. Even at December 2014, there are only ten women on seven company boards and only one remaining executive director of an REMD company.
Practical implications
Given that female board representation is positively related to accounting returns and that there is a growing voice for legislation to impose mandatory proportions of women directors on boards around the world, it may be in the interests of REMD boards to consider appointing more women more quickly.
Originality/value
The study is the first to examine the numbers and proportions of women directors amongst REMD companies to identify the paucity of such women directors.
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Jacqui Shilton, Judy McGregor and Marianne Tremaine
Changes to government policy, deregulation and corporatization in New Zealand have influenced the number and status of women on boards of directors. Using company records…
Abstract
Changes to government policy, deregulation and corporatization in New Zealand have influenced the number and status of women on boards of directors. Using company records, archival material and interviews, examines gender equity on boards of directors in New Zealand and compares the progress of women on the boards of corporate companies in the private sector with those on crown company boards in the public sector. While increasing numbers of New Zealand women are entering the business arena, they continue to be underrepresented in the boardrooms and there exists a clear disparity between gender representation on the boards of crown and corporate companies with women being disadvantaged in the private sector. Includes interview material from women who have successfully achieved directorships and examines the approaches they adopted. Outlines some positive steps to assist women in the bid for corporate directorship, but suggests that the challenge of changing corporate and societal attitudes remains.
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Deborah Dahlen Zelechowski and Diana Bilimoria
Inside directors are executives who hold the dual roles of officers of the firm and corporate board members. Six women inside directors from Fortune 1,000 corporations were…
Abstract
Inside directors are executives who hold the dual roles of officers of the firm and corporate board members. Six women inside directors from Fortune 1,000 corporations were interviewed for this exploratory study. Through systematic coding of the interviews, two independent dimensions of influence and inclusion emerged as the critical factors that enhance or restrict the performance and contributions of women at the top of corporations. Three sub‐themes characterized women inside directors’ influence: their role in the board’s decision making, the bases of influence, and influence strategies used. Three sub‐themes characterized the inclusion dynamics experienced by women inside directors: support and acceptance, exclusion, and the nature of the advice they received. Conclusions are drawn regarding the convergence of the influence and inclusion dynamics for women to function most effectively at the top of corporations.
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Jacqui Shilton, Judy McGregor and Marianne Tremaine
Changes to government policy, deregulation and corporatization in New Zealand have influenced the number and status of women on boards of directors. Using company records…
Abstract
Purpose
Changes to government policy, deregulation and corporatization in New Zealand have influenced the number and status of women on boards of directors. Using company records, archival material and interviews, this paper seeks to examine gender equity on boards of directors in New Zealand and compare the progress of women on the boards of corporate companies in the private sector with those on crown company boards in the public sector.
Design/methodology/approach
The paper includes interview material from women who have successfully achieved directorships and examines the approaches they adopted. The paper uses company records and interviews to achieve this aim.
Findings
While increasing numbers of New Zealand women are entering the business arena, they continue to be underrepresented in the boardrooms and there exists a clear disparity between gender representation on the boards of crown and corporate companies with women being disadvantaged in the private sector.
Originality/value
The paper outlines some positive steps to assist women in the bid for corporate directorship, but suggests that the challenge of changing corporate and societal attitudes remains.
Details
Keywords
Highlights the historical set‐up of Canadian boards of directors, whyand how women were first appointed to corporate boards. Examines factorsrelated to women serving on corporate…
Abstract
Highlights the historical set‐up of Canadian boards of directors, why and how women were first appointed to corporate boards. Examines factors related to women serving on corporate boards, detailing advantages and barriers to the appointments. Reports on a survey of Canadian Chief Executive Officers (CEOs) which considers factors related to the appointment of women to corporate boards. Results indicated the CEOs′ opinions on, for example, how important a variety of qualifications is to the appointment of female directors; the women with difficulties in finding women with these qualifications; preferred candidate profiles; issues which would benefit from a female perspective; effects of women on boards and companies; and the question of why there are not more women directors. Finally, with the survey as a background, looks at why there are so few women on the boards of directors of Canadian private sector organizations; and the future prospects of women as board members.
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Karl Pajo, Judy McGregor and Jacqui Cleland
While the absence of female directors on corporate boards in New Zealand is controversial, little is known about the first wave of women in boardrooms in the private sector. This…
Abstract
While the absence of female directors on corporate boards in New Zealand is controversial, little is known about the first wave of women in boardrooms in the private sector. This benchmark study, a questionnaire survey, provides the first demographic data about females in the boardrooms of the top 200 companies. The findings show that only 4.4 per cent of directors of major companies in New Zealand are female. Analyses the relevant skill base for directorship, the barriers to recruitment and male cronyism as a factor in the gender imbalance. The findings show that a high public profile is important for women wanting to open the boardroom door. Suggests that agencies which target potential directors apply conservative criteria which discriminate against the qualified but untested female candidate.
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Reports a study into the way in which women on Canadian corporate boardsof directors perceived and defined their board roles andresponsibilities. Concludes that women directors…
Abstract
Reports a study into the way in which women on Canadian corporate boards of directors perceived and defined their board roles and responsibilities. Concludes that women directors are functioning as champions for change on women′s issues. Suggests ways in which organizations can reap benefits in terms of the interaction of women directors with senior‐level women.
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Caitlin Vincent and Amanda Coles
This paper examines the US opera sector as a means for interrogating how varying forms of non-standard work shape gender inequality in the creative industries.
Abstract
Purpose
This paper examines the US opera sector as a means for interrogating how varying forms of non-standard work shape gender inequality in the creative industries.
Design/methodology/approach
The authors draw on 16 seasons of opera production data from Operabase.com to conduct a gender-based exploratory data analysis of the key creative roles of conductor, director and designers, as well as the hiring networks through which teams are formed, at the 11 largest opera companies in the United States.
Findings
The authors find that women, as a group, experienced gender-based disadvantage across the key creative roles of opera production, but particularly in the artistic leadership roles of conductor and director. The authors also find that women's exclusion in the field is being further perpetuated by the sector's non-standard and overlapping employment structures, which impacts women practitioners' professional visibility and career opportunities.
Practical implications
The study can help organizations implement strategic hiring practices that acknowledge the relationship between gender inequality and varying forms of non-standard work with the aim of increasing women's representation.
Originality/value
This study work establishes the scale of gender inequality operating within a sector that has received minimal scholarly attention as a site of employment. The study analysis also offers important insight for the wider creative industries and highlights opportunities to redress gender inequality in other sectors where project-based work is prevalent.
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Valentina Tarkovska, Patricia Gabaldon and Raluca Valeria Ratiu
The interest in promoting diversity in corporate governance is increasing gender equality on boards. Even so, previous research shows that women are underrepresented on boards of…
Abstract
Purpose
The interest in promoting diversity in corporate governance is increasing gender equality on boards. Even so, previous research shows that women are underrepresented on boards of directors. This study aims to explore how an increasing presence of women on boards reduces gender pay disparity among nonexecutive directors (NEDs).
Design/methodology/approach
This study explores how an increasing presence of women on boards reduces gender pay disparity among NEDs.
Findings
The results indicate that for boards to reduce the gender pay disparity among NEDs, women need to reach a critical mass of 33% of board members. In addition, this study finds that women’s presence on influential committees further reduces the gender pay disparity among NEDs.
Research limitations/implications
The study uses critical mass and social identity theories to explain the impact of women directors on NEDs’ remuneration in a sample of 365 companies listed on the London Stock Exchange over 16 years (1999–2015). The findings indicate the importance of reducing gender pay disparity as a tool to promote gender equality on boards.
Practical implications
This study provides evidence on the importance of corporations including gender diversity on board committees to reduce gender pay disparities at the board level.
Originality/value
In addition, this study finds that women’s presence on influential committees further reduces gender pay disparity among NEDs.
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Mohamed Toukabri and Faouzi Jilani
This study aims to examine the impact of board gender diversity on company greenhouse gas (GHG) performance, the influence of a critical mass of women on boards on carbon…
Abstract
Purpose
This study aims to examine the impact of board gender diversity on company greenhouse gas (GHG) performance, the influence of a critical mass of women on boards on carbon performance (CP) score and its three components separately (Scope 1, Scope 2 and Scope 3). This study examines the presence of institutional investors as a contingent factor that intensifies the effectiveness of the critical mass of female directors on CP.
Design/methodology/approach
Using a sample of the US companies listed on Securities and Exchange Commission for the period 2011–2018 and making a total of 2416 observations. This study shows that reaching a critical mass of female board members enhances the level of CP. In addition, this study finds that the presence of institutional investors positively moderates this relationship.
Findings
The main results suggest that there is a nonlinear relationship between a critical mass of women directors and CP, and that institutional investors play a strategic role in shaping this relationship. The effect of institutional investors on the three components of CP is also analyzed.
Research limitations/implications
This research is characterized by the methodology adopted for a quantitative variable for measuring CP. Indeed, other research the proxies related to carbon measurements are often used as a simple binary variable. This study verifies the harmony of the theory of critical mass measuring diversity within the board of directors, the presence of institutional investors on GHG emissions (Scope 1, Scope 2 and Scope 3), unlike previous studies (Tingbani et al., 2020; Nuber and Velte, 2021) which only focus on the two measures of carbon emissions (Scope 1 and Scope 2).
Originality/value
This study shows identically that gender diversity on the board must reach a critical mass of three women directors to motivate and influence CP. We fill the gap in previous research regarding the role played by the institutional environment of the firm in improving CP. Third, this study highlights the relevance of having a critical mass of pressure-resistant female directors on boards due to their engagement in climate change issues and CP.
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