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Network Connections and Board Seats: Are Female Networks Less Valuable?

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  • Emma von Essen
  • Nina Smith

Abstract

We investigate how sizes of professional networks affect the probability of appointment to a supervisory board and whether the effect is gendered. Using an employer-employee data set of the Danish labor market, 1995–2011, we find larger networks to associate with a higher probability of becoming a first-time director. The effect is larger for men. One explanation is that men, compared with women, have more connections to larger and listed firms and to other males—attributes that increase the appointment probability. Women who have connections to incumbent directors before being appointed director have more labor market experience than other directors.

Suggested Citation

  • Emma von Essen & Nina Smith, 2023. "Network Connections and Board Seats: Are Female Networks Less Valuable?," Journal of Labor Economics, University of Chicago Press, vol. 41(2), pages 323-360.
    • Handle: RePEc:ucp:jlabec:doi:10.1086/719965
    DOI: 10.1086/719965
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    Cited by:

    1. Joanna Tyrowicz & Hubert Drazkowski, 2024. "Implicit gender quota in European boardrooms," GRAPE Working Papers 96, GRAPE Group for Research in Applied Economics.
    2. Zhu, Maria, 2023. "New Evidence on the Underrepresentation of Asian Americans in Leadership Positions," IZA Discussion Papers 16230, Institute of Labor Economics (IZA).
    3. Elena Ashtari Tafti & Mimosa Distefano & Tetyana Surovtseva, 2024. "Gender, careers and peers' gender mix," CEP Discussion Papers dp2008, Centre for Economic Performance, LSE.
    4. Joanna Tyrowicz & Hubert Drazkowski, 2024. "Gender tokenism in corporate boardrooms in Europe," GRAPE Working Papers 97, GRAPE Group for Research in Applied Economics.
    5. von Essen, Emma & Smith, Nina, 2024. "Do Women on Boards Matter? Network and Spillover Effects on Gender Gaps within Firms," IZA Discussion Papers 17401, Institute of Labor Economics (IZA).

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