Journal of business ethics, 2013-11, Vol.118 (1), p.61-72
2013
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Details
- Autor(en) / Beteiligte
- Titel
- Gender Diversity in the Boardroom and Firm Performance: What Exactly Constitutes a "Critical Mass?"
- Ist Teil von
- Journal of business ethics, 2013-11, Vol.118 (1), p.61-72
- Ort / Verlag
- Dordrecht: Springer
- Erscheinungsjahr
- 2013
- Quelle
- PAIS Index
- Beschreibungen/Notizen
- The under-representation of women on boards is a heavily discussed topic—not only in Germany. Based on critical mass theory and with the help of a hand-collected panel dataset of 151 listed German firms for the years 2000-2005, we explore whether the link between gender diversity and firm performance follows a U-shape. Controlling for reversed causality, we find evidence for gender diversity to at first negatively affect firm performance and—only after a "critical mass" of about 30 % women has been reached—to be associated with higher firm performance than completely male boards. Given our sample firms, the critical mass of 30 % women translates into an absolute number of about three women on the board and hence supports recent studies on a corresponding "magic number" of women in the boardroom.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 0167-4544eISSN: 1573-0697DOI: 10.1007/s10551-012-1553-6Titel-ID: cdi_proquest_miscellaneous_1468568036
- Format
- –
- Schlagworte
- Artistic representation, Board of directors, Boards of directors, Business and Management, Business Ethics, Business structures, Corporate governance, Critical mass, Critical theory, Education, Ethics, Females, Gender, Gender equity, Gender performativity, Gender studies, Germany, Group performance, Management, Market value, Men, Panel data, Philosophy, Quality of Life Research, Sociology, Sociology of organizations and enterprises. Bureaucracy and administration, Sociology of work and sociology of organizations, Stock exchanges, Studies, Women