Download or read book Women on the Board of Directors and Their Impact on the Financial Performance of a Firm written by Obinna O. Mogbogu and published by . This book was released on 2016 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study uses a sample of S&P; 500 firms in the United States technology sector to investigate the likely relationship between female directors and financial performance of firms measured by return on average assets and return on average equity as the two accounting based measures of performance. Reasonable theoretical arguments drawn from resource dependency, human capital, agency, and social psychology theory, suggests that the gender diversity of the board of directors may have either a positive, negative, or neutral effect on the financial performance of the firm. Using nonparametric statistics approach, we find a small negative relationship between female directors and financial performance of the firm. Also, we find that the difference in the average measures of financial performance between different levels of female directors on the board is almost identical. The results of our statistical analysis support the theoretical position of a negative relationship between female directors and financial performance of the firm. The policy implications of our study do not support the business case for the inclusion of women on the board of directors in United States technology firms. Our findings in the present study suggest that the appointment of women to the board of directors in firms within the United States technology sector, should be based on criteria other than financial performance.
Download or read book Corporate Governance and Diversity in Boardrooms written by Barbara Sveva Magnanelli and published by Springer Nature. This book was released on 2020-10-02 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores diversity in boardrooms to highlight the link between the heterogeneous dimensions of board diversity and their impact on the firms. The book provides a brief definition of corporate governance and focuses on the role and functions of the board of directors. The work contributes to the literature enriching the empirical findings about board diversity. After a deep review of the literature within several theoretical frameworks, such as agency, stakeholder, stewardship, resource dependence, and the institutional theory, the focus moves on the impact on financial performance. The board diversity effects are tested through an empirical analysis conducted on a sample of European listed companies, performing both a single and a joint diversity index analysis. Practitioners and academics will find this book particularly timely and useful as it combines both a review of the literature and robust empirical investigation. It will be an excellent reading for academics and practitioners interested in firm performance, corporate governance and stakeholder theory.
Download or read book Performance impact of female representation on boards and the top management written by and published by GRIN Verlag. This book was released on 2022-10-12 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2022 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,3, Catholic University Eichstätt-Ingolstadt, course: Seminar Unternehmensethik, Corporate Governance, Controlling, language: English, abstract: Due to the under-representation of female directors within the top management and boards of organizations, many countries have introduced laws to challenge this development and encourage female representation in the highest echelons, for instance through the introduction of a female quota. While Norway (2003) and Spain (2007) have been the first countries that introduced such a quota, many other nations have followed. This development leads to the question whether female representation on boards and in the top management has an impact on company performance.
Download or read book Women in the Boardroom and Their Impact on Governance and Performance written by Anthony Hraoui and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research attempts to examine the presence of women in the boardroom and their impact on governance and financial performance focusing on several factors such as governance theories, board of director size and role, gender diversity, women and men behavior in accordance with the return on equity, assets, and sales ratios to measure the fluctuation of the financial performance against the factors above. How the presence of women in the boardroom can affect the financial performance and governance? In order to answer to this question, two questionnaires for a total of 16 questions were used to the collection of data and information, it was then distributed to 62 shareholders, directors and managers from ten firms that constitute a small image of the Lebanese economic sector. An analysis using a specified rating scale was conducted over the results of the questionnaires. Variables such as Return on Equity, Return on Asset, Return on Sale, gender diversity, women versus men behavior and board size were subject to examination. The results acquired by this study expose the fact that gender diversity on board and the presence of women are directly related to the company's financial performance. Furthermore the board size, the role and behavior of women in the firm enhance company's activity. Applying corporate governance procedures is more reliable when women are on board which reflects the commitment of women on delivering good corporate governance. On the other hand the financial performance has directly been affected due to several factors related to the presence of women in managerial positions.
Download or read book Gender Diversity in the Boardroom written by Cathrine Seierstad and published by Springer. This book was released on 2017-09-13 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection provides a structured and in-depth analysis of the current use of quota strategies for resolving the pressing issue of gender inequality, and the lack of female representation on corporate boards. Filling the gap in existing literature on this topic, the two volumes of Gender Diversity in the Boardroom offers systematic overviews of current debates surrounding the optimisation of gender diversity, and the suggested pathways for progress. Focusing on sixteen European countries, the skilled contributors explore the current situation in relation to women on boards debates and approaches taken. They include detailed reflections from critical stakeholders, such as politicians, practitioners and policy-makers. Volume 1 focuses on eight European countries having adopted quotas and is a promising and highly valuable resource for academics, practitioners, policy makers and anyone interested in gender diversity because it examines and critiques the current corporate governance system and national strategies for increasing the share of women not only on boards, but within companies beyond the boardroom.
Download or read book Women on Corporate Boards of Directors written by Ronald J. Burke and published by Springer Science & Business Media. This book was released on 2000-03-31 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, the first to focus exclusively on women serving on corporate boards of directors, provides the latest thinking and research findings on this increasingly important corporate governance issue. It includes censuses of women directors in a number of countries, identifies reasons for their limited numbers, indicates why appointing qualified women to boards offers competitive advantages, and suggests practical ways corporations can attract, recruit and appoint more women board members. Researchers interested in gender and corporate governance issues, companies interested in increasing their numbers of women board members, and women and men serving or hoping to serve on corporate boards will find this book of interest.
Download or read book Gender and Corporate Governance written by Francisco Bravo-Urquiza and published by Taylor & Francis. This book was released on 2019-11-28 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gender diversity as a corporate governance mechanism is high on the agenda for regulators, firms, and researchers. Particularly, gender board composition has received a great deal of attention in recent years. The theoretical foundations of the benefits associated with the inclusion of female directors on boards, how to measure gender diversity in the boardroom, and its real impact on board decisions and firm strategies remain hotly debated. Drawing on empirical data, this book summarises the current situation regarding gender board diversity and provides a concise overview of the most important concerns about this topic. This will be a vital tool to guide the future debate on gender diversity and corporate governance for researchers and advanced students, as well as regulators, policy makers and board members.
Download or read book Gender Diversity in the Boardroom written by Cathrine Seierstad and published by Springer. This book was released on 2017-09-18 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection provides a structured and in-depth analysis of the current use of multiple approaches beyond quotas for resolving the pressing issue of gender inequality, and the lack of female representation on corporate boards. Filling the gap in existing literature on this topic, the two volumes of Gender Diversity in the Boardroom offers systematic overviews of current debates surrounding the optimisation of gender diversity, and the suggested pathways for progress. Focusing on sixteen European countries, the skilled contributors explore the current situation in relation to women on boards debates and approaches taken. They include detailed reflections from critical stakeholders, such as politicians, practitioners and policy-makers. Volume 2 focuses on eight European countries having multiple approaches beyond quotas and is a promising and highly valuable resource for academics, practitioners, policy makers and anyone interested in gender diversity because it examines and critiques the current corporate governance system and national strategies for increasing the share of women not only on boards, but within companies beyond the boardroom.
Download or read book Do Women on Board of Directors Have an Impact on Corporate Governance Quality and Firm Performance A Literature Review written by Patrick Velte and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the financial crisis 2008/09, gender diversity has been developed as one of the key board composition variables. From a research, regulatory and practical perspective, women on board of directors (WOBD) should contribute to a sustainable strategic management with regard to the increased stakeholder demands on social and environmental issues. In view of this recent discussion, this literature review evaluates 200 empirical research studies on the impact of WOBD on corporate governance quality and firm performance. We briefly introduce the theoretical and empirical WOBD framework that comprises an adequate structure of the state-of-the-art of empirical research in this field. This is followed by a discussion of WOBD effectiveness which aims to enhance corporate governance quality, and is divided into the following areas: (1) financial reporting; (2) corporate social responsibility (CSR) reporting; (3) audit and (4) corporate philanthropy. We will then evaluate the impact of WOBD on:(5) financial performance and (6) CSR performance. Therefore, we state that WOBD effectiveness will positively influence both financial and CSR outcome. Furthermore, we will summarize the key findings in each area, and provide a description of the analyzed proxies for corporate governance quality and firm performance. Finally, we will discuss the limitations of the studies and give useful recommendations for future empirical research activities in this topic.
Download or read book Women on Corporate Boards of Directors written by Ronald J. Burke and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Both the practitioner and academic communities have voiced strong opinions regarding the progress of women in reaching the executive suite and the corporate boardroom. Proponents on each side of the current debate offer evidence suggesting the accuracy of their respective positions. One view holds: "The fight is over. The battle is won. Women are now accepted as outside directors in the preponderance of corporate boardrooms" (Lear, 1994: 10). An alternative perspective, however, suggests there is much progress left. An illustration of the type of remaining barriers is provided by T. J. Rodgers, chief executive officer (CEO) of Cypress Semiconductor Corp. , who has commented that "a 'woman's view' on how to run our semiconductor company does not help us" (Rodgers, 1996: 14). Regardless of where one falls along the spectrum anchored at one end by the view that women have made substantial progress in reaching the upper echelons of corporations and anchored at the other end by the view that women have barely begun to penetrate the "inner sanctum" of corporations, the central issue is the extent to which women have succeeded in cracking the proverbial "glass ceiling. " The glass ceiling is a metaphorical barrier which prevents women from attaining the upper-most organizational positions (e. g. , Karr, 1991; Morrison, White, Van Velsor, and the Center for Creative Leadership, 1992; Powell & Butterfield, 1994; U. S. Department of Labor, 1991).
Download or read book Women on Corporate Boards written by Maria Aluchna and published by Routledge. This book was released on 2018-04-17 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Female presence and involvement on boards improves firm performance, transforms corporate governance and leads to the transition towards more responsible business. Corporate boards are essential bodies for governance and management and their efficiency determines a company’s performance. The board is a crucial element of the corporate governance structure and its efficiency and performance determines the success of the operation and monitoring of the company. The board is viewed as the liaison between providers of capital (shareholders) and managers who use this capital to create value. The board role is to represent, formulate and fulfill the interests and expectations of shareholders as the owners of the companies. The discussion surrounding female participation in business inevitably needs to refer to their presence on corporate boards. It is also a reliable indicator of a gender equality policy and advancement, adopted by countries and companies. The book traces the logic behind the decision patterns of female involvement in governance and management. In particular, it identifies the patterns of women’s presence on corporate boards, with respect to theoretical and conceptual argumentation, policy and regulatory implication, as well as practical adaptation. The phenomenon of women on corporate boards is analyzed in the context of different political, cultural and institutional environments addressing challenges in both developed and emerging economies. The role of female directors is viewed as one of the crucial aspects in corporate governance, adding to the quality of control and management.
Download or read book Women on Corporate Boards of Directors written by Susan Vinnicombe and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . a thorough and insightful examination of women on corporate boards of directors. . . I recommend the book as a read for practitioners, scholars, educators and others having an interest in human resource management. . . With its wealth of information, Women on Corporate Boards of Directors is a good addition to the extant literature that should represent an affordable value for the buyer. Mark Mone, Personnel Review After the first two chapters I was so absorbed I was almost reluctant to go to coffee and, as other coffee addicts will know, it is a rare book, especially a rare academic book that can make one careless in observing the customary coffee break. . . I found that the way this book is written helped me to reflect on much of the gender research that I am involved in currently because the questions raised are so searching and far-reaching. Once again, the chapter authors combine brevity with thoroughness and depth in their examination of the themes, which made this a very rewarding book because it takes you so far in your thinking in just 240 pages. . . I feel energised by the debates that the book has opened up for me. I have done research in this particular area, but I now feel that I have explored different perspectives and new depths and I am grateful to the editors for that. Marianne Tremaine, Gender in Management: An International Journal This timely collection of case studies and research from top academics around the world, will be of tremendous value to all those engaged in bringing about greater gender diversity in corporate boardrooms. Jacey Graham, Brook Graham LLP This book provides an excellent overview of contemporary international research and practice relating to women on corporate boards of directors. An important lesson learnt from this book is: rather than having only one or two competent and committed women on the boards of directors, an ideal number of three is not only the right thing but also the bright thing to do. Why? Research has documented a strong positive correlation between the share of board seats held by women and financial performance. Martin Hilb, University of St. Gallen, Switzerland There are still common barriers that women face across many countries that keep their representation on boards of directors low and relatively unchanging. I commend this excellent, outstanding book to both academics and business management constituencies, as well as individuals interested in serving on corporate boards. The authors should be congratulated for this important contribution to the literature. Marilyn Davidson, The University of Manchester, UK This important new book addresses the growing international interest in women on corporate boards of directors. The contributors explore the position of women on corporate boards and future trends in different countries including Australia, Canada, France, Iceland, Jordan, New Zealand, Norway, Spain, Tunisia, the UK and the USA. They go on to report the latest research on the experiences and different contributions made by women directors on corporate boards. Issues discussed include: How women directors champion difficult issues and debates How women influence boardroom behaviour The contribution of women directors human and social capital Gendered experiences and the glass cliff The glass ceiling or a bottleneck? Networking to harness local power for national impact Women on board in best practice companies Whether critical mass makes a difference? Future directions for research. Women on Corporate Boards of Directors brings together the significant international research base with suggestions aimed at individuals aspiring to board membership, women and men currently serving on corporate boards, companies interested in attracting women to their boards, and government bodies wanting to identify the challenges and opportunities facing them as they consider various options for increasing women s representation on corporate
Download or read book Gender Diversity in Senior Positions and Firm Performance written by Lone Engbo Christiansen and published by International Monetary Fund. This book was released on 2016-03-07 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the link between gender diversity in senior corporate positions and financial performance of 2 million companies in Europe. We document a positive association between corporate return on assets and the share of women in senior positions and establish two potential channels through which gender diversity may affect firm performance. The positive correlation is more pronounced in, first, sectors where women form a larger share of the labor force (such as the services sector) and, second, where complementarities in skills and critical thinking are in high demand (such as high-tech and knowledge-intensive sectors).
Download or read book Handbook of Research on Women in Management and the Global Labor Market written by Pereira, Elisabeth T. and published by IGI Global. This book was released on 2019-06-28 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Existent literature has identified the existence of some differences between men and women entrepreneurs in terms of propensity to innovation, approach to creativity, decision making, resilience, and co-creation. Without properly examining the current inequalities in social-economic structures, it is difficult to examine the results of corporate female leadership. The Handbook of Research on Women in Management and the Global Labor Market is a pivotal reference source that examines the point of convergence among entrepreneurship organizations, relationship, creativity, and culture from a gender perspective, and researches the relation between current inequalities in social-economic structures and organizations in the labor market, education and individual skills, wages, work performance, promotion, and mobility. While highlighting topics such as gender gap, woman empowerment, and gender inequality, this publication is ideally designed for managers, government officials, policymakers, academicians, practitioners, and students.
Download or read book The Changing Financial Landscape written by Goran Karanovic and published by Springer Nature. This book was released on 2022-01-01 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers new insights and perspectives on the financial and banking sector in Europe with a special focus on Central and Southeastern European countries. Through quantitative and qualitative analysis of primary sources and datasets, the book examines both the financial development and performance of the real sector of the economy and the impact and involvement of the banking sector. The contributions offer new insights into current financial innovations and discuss best practices in innovative financial solutions. They also highlight new perspectives in finance and analyze characteristic problems in the real and banking sectors in various European countries. The insights and financial solutions presented in this book will be of interest to scholars of finance and financial economics as well as practitioners in the financial industry and policy makers.
Download or read book Diversity on the Board of Directors written by Dylan Kaseram and published by . This book was released on 2018 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This current study focuses on the diversity of members on the board of directors. There exist many forms of diversity that affect firm financial and accounting performance as well as organizational behavior of board members. Furthermore, director heterogeneity could have both positive and negative effects on corporate boards. Nowadays, gender diversity is becoming increasingly important in a financial and management context. In the interest of promoting gender diversity, many governments around the world have enacted legislation requiring that state-owned and public companies respect pre-established quotas of women on their board of directors. Other countries have opted for an informal system in which state-owned and public companies must justify the absence of women on the board of directors. Even though there is still room for improvement, firms are taking steps toward fostering more diverse corporate boards. I execute an empirical analysis that examines director heterogeneity's influence on the market value of U.S. firms. My results indicate that diversity's positive effects are primarily driven by age. In conclusion, it is fair to say that the outlook for diversity on corporate boards seems to be positive.
Download or read book The Bottom Line written by Catalyst and published by Catalyst. This book was released on 2004 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explores whether there is a demonstrable connection between gender diversity and organizational financial performance.
