Gender spillovers from supervisory boards to management boards

Viktor Bozhinov · Jasmin Joecks · Katrin Scharfenkamp

27 citations0/0 files storedManagerial and Decision Economics

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Gender Diversity and Inequality Corporate Finance and Governance Gender Politics and Representation

Abstract

This study investigates gender spillovers from women on supervisory boards to women on management boards in a two‐tier system with employee codetermination. The supervisory board consists of a nominating committee mainly responsible for the appointment of directors in the management board. By combining similarity attraction theory with power theory, we predict that only female shareholder representatives who serve on the nominating committee drive the positive effect on the presence of women on management boards. The results of the correlated random effects models in a sample of 95 German codetermined and publicly listed companies (2009–2016) confirm the predicted relationship.

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References

1983The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields 2009Women in the boardroom and their impact on governance and performance☆1978On the Pooling of Time Series and Cross Section Data 1972Organizational Structure, Environment and Performance: The Role of Strategic Choice 1992Being Different: Relational Demography and Organizational Attachment 1992POWER IN TOP MANAGEMENT TEAMS: DIMENSIONS, MEASUREMENT, AND VALIDATION.2002Intergroup Bias 2010The Gender and Ethnic Diversity of US Boards and Board Committees and Firm Financial Performance

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