How Experience and Network Ties Affect the Influence of Demographic Minorities on Corporate Boards

How Experience and Network Ties Affect the Influence of Demographic Minorities on Corporate Boards

Author: James D. Westphal

Publisher:

Published: 2003

Total Pages: 0

ISBN-13:

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We examine how outside directors who are demographic minorities on corporate boards of directors can exert influence over strategic decision making. Drawing from social psychological research on minority influence and self-categorization in small groups, our theoretical framework suggests that in order to predict whether minorities will become involved in board decision making and exert influence over strategy, one must look beyond the board itself to consider the prior experience of directors in a minority role on other boards, as well as the larger, social structural context in which demographic differences are embedded. We suggest that demographic minorities can avoid out-group biases that would otherwise minimize their influence when they have prior experience on other boards or network ties to other directors that enable them to create the perception of similarity with the majority. We assess the effects of minority status according to five different demographic characteristics, including functional background, industry background and education, as well as race and gender, for a large sample of corporate outside directors at Fortune/Forbes 500 companies. The results support our theoretical framework. We find that (1) the prior experience of minority directors in a minority role on other boards can enhance their ability to exert influence on the focal board, while the prior experience of minority directors in a majority role can reduce their influence; (2) the prior experience of majority directors in a minority role on other boards can enhance the influence of minority directors on the focal board, and (3) minority directors are more influential if they have direct or indirect social network ties to majority directors through common memberships on other boards. We discuss implications for research on corporate governance, organizational demography, and intergroup relations.


Corporate Governance and Diversity in Boardrooms

Corporate Governance and Diversity in Boardrooms

Author: Barbara Sveva Magnanelli

Publisher: Springer Nature

Published: 2020-10-02

Total Pages: 176

ISBN-13: 3030561208

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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.


Research Handbook on Boards of Directors

Research Handbook on Boards of Directors

Author: Jonas Gabrielsson

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 488

ISBN-13: 1786439751

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Boards of directors are complex systems, and it is imperative to understand what the contextual forces are that shape the direction and make-up of boards. This Research Handbook provides inspiration for researchers and practitioners interested in the manifold dimensions and facets of context surrounding boards of directors.


Research Handbook on Diversity and Corporate Governance

Research Handbook on Diversity and Corporate Governance

Author: Sabina Tasheva

Publisher: Edward Elgar Publishing

Published: 2023-02-14

Total Pages: 241

ISBN-13: 1800377789

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Challenging existing research and concepts, this Research Handbook presents cutting-edge new research on diversity and corporate governance. Going beyond the surface of diversity, global expert contributors present a diverse range of chapters offering a wide range of perspectives on the use of theories and methodologies.


Gender and Corporate Boards

Gender and Corporate Boards

Author: Scarlett Brown

Publisher: Routledge

Published: 2020-01-13

Total Pages: 155

ISBN-13: 1317228456

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The lack of women on boards has galvanised much public and policy interest, which has led to many countries introducing quotas for women on boards, or to concerted voluntary action. However the way that directors are appointed remains opaque and prone to the influence of gender. Using a social constructionist understanding of gender and a discourse analysis, Gender and Corporate Boards explores the board appointment process through the experiences of women and men seeking non-executive board roles. The book is unique in that it traces board-ready candidates, who have been vetted by an executive search firm, over an 18-month period. By taking a longitudinal and prospective view rather than retrospective and snapshot, it provides deep analysis of how the board appointment process is gendered. This volume privileges the voices of those who are seeking board roles to show how they make sense of an unpredictable and complex process. Gender and Corporate Boards first analyses how aspirant board candidates see themselves in relation to the market, through exploring their perceptions of the ideal board member and how they position themselves towards this ideal. Second, the book shows how candidates must leverage their networks to get board appointments, and that the process is gendered: women and men receive different benefits from their networks. Third, the book explores how the participants make sense of success and failure and how their justifications are also gendered. The book will be of interest to those seeking to understand dynamics of gender on boards as well as those interested in gender and leadership more broadly.


Gender and Diversity: Concepts, Methodologies, Tools, and Applications

Gender and Diversity: Concepts, Methodologies, Tools, and Applications

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2018-08-03

Total Pages: 2045

ISBN-13: 1522569138

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Today, gender inequality and diversity are at the forefront of discussion, as the issue has become an international concern for politicians, government agencies, social activists, and the general public. Consequently, the need to foster and sustain diversity and inclusiveness in the interactions among various groups of people is relevant today more than ever. Gender and Diversity: Concepts, Methodologies, Tools, and Applications provides a critical look at gender and modern-day discrimination and solutions to creating sustainable diversity across numerous contexts and fields. Highlighting a range of topics such as anti-discrimination measures, workforce diversity, and gender inequality, this multi-volume book is designed for legislators and policy makers, practitioners, academicians, gender studies researchers, and graduate-level students interested in all aspects of gender and diversity studies.


Encyclopedia of Career Development

Encyclopedia of Career Development

Author: Jeffrey H. Greenhaus

Publisher: SAGE Publications

Published: 2006-05-09

Total Pages: 1097

ISBN-13: 1452265577

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With more than 400 articles, the Encyclopedia of Career Development is the premier reference tool for research on career-related topics. Covering a broad range of themes, the contributions represent original material written by internationally-renowned scholars that view career development from a number of different dimensions. This multidisciplinary resource examines career-related issues from psychological, sociological, educational, counseling, organizational behavior, and human resource management perspectives. Key Features Offers introductory materials prepared by the editors and supplementary appendices on select topics Incorporates global, cultural, and international dimensions of careers and examines the social context of careers such as the contemporary work environment, emerging values in society, gender and ethnicity, social class, and work-family interface Explores the evolution of careers, including career stages, patterns, and transitions, as well as variations in the meaning of career success Discusses career decision-making strategies, and looks at legislative, regulatory, and labor relations decrees that influence career development and decision making Analyzes initiatives used by employers, counselors, and society to promote the effective development of careers The Encyclopedia of Career Development is a leading edge reference tool that is recognized as a "must have" for libraries in the United States and around the world. In addition, corporations and career centers will also want to add this valuable set to their collections.


Women on Corporate Boards of Directors

Women on Corporate Boards of Directors

Author: Susan Vinnicombe

Publisher: Edward Elgar Publishing

Published: 2009-01-01

Total Pages: 273

ISBN-13: 1848445199

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. . . 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


Gender Diversity and Corporate Resilience to Climate Change: Evidence from Greenfield Investments

Gender Diversity and Corporate Resilience to Climate Change: Evidence from Greenfield Investments

Author: Bihong Huang

Publisher: International Monetary Fund

Published: 2024-07-19

Total Pages: 47

ISBN-13:

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This paper examines the impact of board gender diversity on the performance of firms whose greenfield investments are struck by natural disasters. We find that corporations with more diverse boards are more likely to earn higher net income but less likely to have negative earnings in front of natural disasters. Further analyses indicate that those corporations with more diverse boards invest less in countries vulnerable to climate change but more in countries ready to adapt for climate change. They have lower exposure to environmental policy risks and are more likely to establish dedicated committees to oversee the risks.


Public Relations for Social Responsibility

Public Relations for Social Responsibility

Author: Donnalyn Pompper

Publisher: Emerald Group Publishing

Published: 2021-06-10

Total Pages: 245

ISBN-13: 1800431694

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This inaugural edited collection for the Communicating Responsible Diversity, Equity, and Inclusion series explores the active promotion of diversity, equity, and inclusion as a public relations responsibility and provides new avenues for critiquing the ways in which power operates through public relations work and theory building.