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Local Knowledge Advances Women's Access to Corporate Boards

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  • Susan M. Adams
  • Patricia M. Flynn

Abstract

There is a need for regional studies of women on corporate boards to capture experiences of smaller companies and to understand the nature of local resources for expanding the pool of women candidates for board seats. New findings from a statewide study of women on corporate boards are reported. The paper examines the status of women on corporate boards compared to other regions in the United States and around the world. Change efforts of governments and professional organisations for helping women overcome barriers to the boardroom are described to demonstrate the need for local knowledge in determining an effective change approach. Results from this study indicate that the local pool of women in academia and consulting has provided alternative routes to the boardroom. This knowledge can be used to direct change efforts for promoting women on boards. Practical implications are discussed for women seeking board seats and for firms seeking qualified women director candidates.

Suggested Citation

  • Susan M. Adams & Patricia M. Flynn, 2005. "Local Knowledge Advances Women's Access to Corporate Boards," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(6), pages 836-846, November.
    • Handle: RePEc:bla:corgov:v:13:y:2005:i:6:p:836-846
    DOI: 10.1111/j.1467-8683.2005.00474.x
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    1. repec:ipg:wpaper:201413 is not listed on IDEAS
    2. Lu, Yun & Ntim, Collins G. & Zhang, Qingjing & Li, Pingli, 2022. "Board of directors’ attributes and corporate outcomes: A systematic literature review and future research agenda," International Review of Financial Analysis, Elsevier, vol. 84(C).
    3. Xingqiang Du, 2016. "Does Confucianism Reduce Board Gender Diversity? Firm-Level Evidence from China," Journal of Business Ethics, Springer, vol. 136(2), pages 399-436, June.
    4. Mehdi Nekhili & Hayette Gatfaoui, 2013. "Are Demographic Attributes and Firm Characteristics Drivers of Gender Diversity? Investigating Women’s Positions on French Boards of Directors," Journal of Business Ethics, Springer, vol. 118(2), pages 227-249, December.
    5. Rey Dang & Anne Françoise Bender & Marie José Scotto, 2014. "Women on French Corporate Board of Directors: How Do They Differ from their Male Counterparts?," Working Papers 2014-54, Department of Research, Ipag Business School.
    6. Katja Rost & Margit Osterloh, 2008. "You Pay a Fee for Strong Beliefs: Homogeneity as a Driver of Corporate Governance Failure," CREMA Working Paper Series 2008-28, Center for Research in Economics, Management and the Arts (CREMA).
    7. Valentina Marano & Steve Sauerwald & Marc Essen, 2022. "The influence of culture on the relationship between women directors and corporate social performance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(7), pages 1315-1342, September.
    8. Gro Mathisen & Torvald Ogaard & Einar Marnburg, 2013. "Women in the Boardroom: How Do Female Directors of Corporate Boards Perceive Boardroom Dynamics?," Journal of Business Ethics, Springer, vol. 116(1), pages 87-97, August.
    9. repec:ipg:wpaper:2014-054 is not listed on IDEAS
    10. Lettl, Christopher & Rost, Katja & von Wartburg, Iwan, 2009. "Why are some independent inventors 'heroes' and others 'hobbyists'? The moderating role of technological diversity and specialization," Research Policy, Elsevier, vol. 38(2), pages 243-254, March.
    11. Cathrine Seierstad & Ahu Tatli & Maryam Aldossari & Morten Huse, 2021. "Broadening of the Field of Corporate Boards and Legitimate Capitals: An Investigation into the Use of Gender Quotas in Corporate Boards in Norway," Work, Employment & Society, British Sociological Association, vol. 35(4), pages 753-773, August.
    12. Emilia Peni, 2014. "CEO and Chairperson characteristics and firm performance," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 18(1), pages 185-205, February.
    13. Thams, Yannick & Bendell, Bari L. & Terjesen, Siri, 2018. "Explaining women's presence on corporate boards: The institutionalization of progressive gender-related policies," Journal of Business Research, Elsevier, vol. 86(C), pages 130-140.
    14. Erynne E. Landry & Richard A. Bernardi & Susan M. Bosco, 2016. "Recognition for Sustained Corporate Social Responsibility: Female Directors Make a Difference," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 23(1), pages 27-36, January.
    15. Naeem Tabassum & Satwinder Singh, 2020. "Corporate Governance and Organisational Performance," Springer Books, Springer, number 978-3-030-48527-6, January.
    16. Kent Baker, H. & Pandey, Nitesh & Kumar, Satish & Haldar, Arunima, 2020. "A bibliometric analysis of board diversity: Current status, development, and future research directions," Journal of Business Research, Elsevier, vol. 108(C), pages 232-246.

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