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Women Directors: Selection, Acceptance and Benefits of Board Membership

Author

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  • Ronald J. Burke

Abstract

This study examined views of women directors on criteria for their being selected, reasons for serving and benefits derived from their directorships. Data were collected from 280 women serving on Canadian corporate boards of directors using anonymous questionnaires. A successful career in traditional business organizations emerged as the major selection criteria. Personal contacts and visibility to male board members was essential. Company/industry interest and broadening skills and knowledge motivated women’s board service. Finally women board members reported considerable benefits from serving. Efforts to broaden the selection and nomination process to include more qualified women may benefit women, men and organizations.

Suggested Citation

  • Ronald J. Burke, 1997. "Women Directors: Selection, Acceptance and Benefits of Board Membership," Corporate Governance: An International Review, Wiley Blackwell, vol. 5(3), pages 118-125, July.
    • Handle: RePEc:bla:corgov:v:5:y:1997:i:3:p:118-125
    DOI: 10.1111/1467-8683.00052
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    Cited by:

    1. Firas Farhan Jedi & Sabri Nayan, 2018. "An empirical evidence on the effect of women board representation on firm performance of companies listed in Iraq Stock Exchange," Business and Economic Horizons (BEH), Prague Development Center, vol. 14(1), pages 117-131, January.
    2. Star, Miran, 2022. "Board of Director Characteristics and Firm Performance for firms listed on Iraq Stock Exchange," MPRA Paper 114396, University Library of Munich, Germany.
    3. repec:spo:wpmain:info:hdl:2441/69eil0vrec871ooabetqvq0okj is not listed on IDEAS
    4. repec:hal:spmain:info:hdl:2441/69eil0vrec871ooabetqvq0okj is not listed on IDEAS
    5. Sara De Masi & Agnieszka Słomka-Gołębiowska & Andrea Paci, 2021. "Women Do the Job: The Reasons to Set Quota for Women on Boards," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(12), pages 167-167, July.
    6. Jyoti Mahadeo & Teerooven Soobaroyen & Vanisha Hanuman, 2012. "Board Composition and Financial Performance: Uncovering the Effects of Diversity in an Emerging Economy," Journal of Business Ethics, Springer, vol. 105(3), pages 375-388, February.
    7. Quoc-Anh Do & Bang Dang Nguyen & Raghavendra- University Of Cambridge, Cambridge Judge Business School) Rau, 2013. "Sugar and Spice and Everything Nice: What Are Good Directors Made of?," Sciences Po publications info:hdl:2441/69eil0vrec8, Sciences Po.
    8. García-Meca, Emma & García-Sánchez, Isabel-María & Martínez-Ferrero, Jennifer, 2015. "Board diversity and its effects on bank performance: An international analysis," Journal of Banking & Finance, Elsevier, vol. 53(C), pages 202-214.
    9. Quoc-Anh Do & Bang Dang Nguyen & Raghavendra- University of Cambridge, Cambridge Judge Business School) Rau, 2013. "Sugar and Spice and Everything Nice: What Are Good Directors Made of?," Working Papers hal-03460924, HAL.
    10. Amanpreet Kaur & Balwinder Singh, 2015. "Does Gender Diversity on Indian Boards Impede IPO Underpricing?," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 40(1-2), pages 194-205, February.
    11. Mutalib Anifowose & Hafiz Majdi Abdul Rashid & Hairul Azlan Annuar, 2017. "Intellectual capital disclosure and corporate market value: does board diversity matter?," Journal of Accounting in Emerging Economies, Emerald Group Publishing Limited, vol. 7(3), pages 369-398, August.
    12. Yasaman Sarabi & Matthew Smith & Heather McGregor & Dimitris Christopoulos, 2021. "Gendered brokerage and firm performance – An interlock analysis of the UK," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 72(2), pages 306-330, June.
    13. Nhat Minh Tran & Thu Thuy Nguyen & Thi Phuong Linh Nguyen & Anh Trong Vu & Thi Thanh Hoa Phan & Thi Hong Tham Nguyen & Ngoc Diep Do & Anh Tuan Phan, 2022. "Female Managers and Corruption in SMEs: A Comparison Between Family and Nonfamily SMEs in Vietnam," SAGE Open, , vol. 12(1), pages 21582440221, March.
    14. Craig Peterson & James Philpot, 2007. "Women’s Roles on U.S. Fortune 500 Boards: Director Expertise and Committee Memberships," Journal of Business Ethics, Springer, vol. 72(2), pages 177-196, May.
    15. Amanpreet Kaur & Balwinder Singh, 2017. "Construing Reputation from Gender Diversity on Boards," Paradigm, , vol. 21(2), pages 111-125, December.
    16. Ranjith Appuhami & Shamim Tashakor, 2017. "The Impact of Audit Committee Characteristics on CSR Disclosure: An Analysis of Australian Firms," Australian Accounting Review, CPA Australia, vol. 27(4), pages 400-420, December.
    17. Sabrina Wieland & Benjamin Flavel, 2015. "The influence of gender diverse corporate boards on employee-orientation," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 19(4), pages 825-848, November.
    18. Rey Dang & Duc Khuong Nguyen & Linh-Chi Vo, 2014. "Does the Glass Ceiling Exist? A Longitudinal Study of Women’s Progress on French Corporate Boards," Working Papers 2014-239, Department of Research, Ipag Business School.
    19. Sitara Karim & Norlida Abdul Manab & Rusmawati Binti Ismail, 2019. "Legitimising the Role of Corporate Boards and Corporate Social Responsibility on the Performance of Malaysian Listed Companies," Indian Journal of Corporate Governance, , vol. 12(2), pages 125-141, December.
    20. Giuliana Birindelli & Antonia Patrizia Iannuzzi & Marco Savioli, 2019. "The impact of women leaders on environmental performance: Evidence on gender diversity in banks," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1485-1499, November.
    21. Mohsni, Sana & Otchere, Isaac & Shahriar, Saquib, 2021. "Board gender diversity, firm performance and risk-taking in developing countries: The moderating effect of culture," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 73(C).
    22. María Consuelo Pucheta‐Martínez & Isabel Gallego‐Álvarez & Inmaculada Bel‐Oms, 2021. "Corporate social and environmental disclosure as a sustainable development tool provided by board sub‐committees: Do women directors play a relevant moderating role?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 3485-3501, December.
    23. Nina Smith & Pierpaolo Parrotta, 2018. "Why so Few Women on Boards of Directors? Empirical Evidence from Danish Companies in 1998–2010," Journal of Business Ethics, Springer, vol. 147(2), pages 445-467, January.

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