Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25691 
Authors: 
Year of Publication: 
2008
Series/Report no.: 
Jena Economic Research Papers No. 2008,009
Publisher: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Abstract: 
A growing body of ethics research investigates gender diversity and governance on corporate boards, at individual and firm levels, in single country studies. In this study, we explore the environmental context of female representation on corporate boards of directors, using data from forty-three countries. We sug-gest that women’s representation on corporate boards may be shaped by the larger environment, including the social, political and economic structures of individual countries. We use logit regression to conduct our analysis. Our re-sults indicate that countries with higher representation of women on boards are more likely to have women in senior management and more equal ratios of male to female pay. However, we find that countries with a longer tradition of women’s political representation are less likely to have high levels of female board representation.
Subjects: 
Corporate Boards
Environmental Context, Female Directors
Gender
Multi-country
Pay Gap
Political Representation
JEL: 
F23
M10
M12
M14
M51
Document Type: 
Working Paper

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