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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.
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).
This study explores whether there is a demonstrable connection between gender diversity and organizational financial performance.
We argue that female representation in top management brings informational and social diversity benefits to the top management team, enriches the behaviors exhibited by managers throughout the firm, and motivates women in middle management. The result should be improved managerial task performance and thus better firm performance. We test our theory using 15 years of panel data on the top management teams of the S&P 1,500 firms. We find that female representation in top management improves firm performance but only to the extent that a firm's strategy is focused on innovation, in which context the informational and social benefits of gender diversity and the behaviors associated with women in management are likely to be especially important for managerial task performance.
The USA has a number of educated, experienced, professional women ready and willing to move into the boardrooms and executive suites of corporate America. The author of this text argues that they are America's competitive secret.
Based on gender and strategic management research, this study introduces women’s participation in top management team as the main variable to examine its impact on strategic change and firm performance in China. The impact of female top managers in China has been drawing attention increasingly, as the institutional and organizational factors facilitate the positive outcome in one way, but constraint women’s access to top positions in another due to gender-role stereotype and traditional Chinese cultural expectations. The research question of this study is ?Do women’s participation in top management positively affect firm strategic change and performance in China?? Specifically, I first test the relationship between women’s participation in top management team and strategic change as well as performance growth, and then I test the moderator effect of female top managers. The scope of the study is to discuss the outcome of firm strategic change in China, as well as the moderating effect of women’s participation in top management in the context of China. Research on the impact of females in top management has been a controversial topic in past decades, but it is still worthwhile to contribute in this field by finding connections between gender diversity and firm outcomes.
Featuring descriptive case studies from such firms as Xerox, Digital Equipment, Pacific Bell and American Express, this text covers international diversity and merging corporate cultures, as well as ethnic, gender and lifestyle differences.