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首页> 外文期刊>Gender in Management >Human capital and professional network effects on women's odds of corporate board directorships
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Human capital and professional network effects on women's odds of corporate board directorships

机译:人力资本和专业网络对女性担任公司董事职务的可能性的影响

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摘要

Purpose - The purpose of this study is to examine the importance of human capital and professional networks for women's and men's appointment to the boards of directors of public companies. The study provides an in-depth analysis of how human capital and professional networks contribute to women's as compared with men's odds of corporate board membership. Design/methodology/approach - The study analyzes the human capital and professional networks of 494 male and female corporate outside (non-executive) directors appointed between 2005 and 2010 to the boards of US public companies listed in the Standard & Poor's 500 index. Human capital was measured as director age, education and professional experience (function and role). Professional network variables measured included composition of professional network, network centrality, constraint and cohesion. Findings - The study's findings reveal that the characteristics that impact the appointment of women as outside directors to public company boards differ from those of men. Relative to men, certain professions such as government relations and education improve the odds of appointment of women to corporate boards, while age lowers women's odds. The number of network ties and the degree of network cohesion were also significant in predicting the likelihood of female board appointment to public corporations relative to men's odds. The final model was able to predict female board membership correctly only in 28 per cent of the cases, while male board membership was predicted in 89 per cent of the cases, suggesting that factors other than human capital and professional networks (e.g. their gender) impact women's appointment to corporate boards. Originality/value - To the authors' knowledge, this study is the first to comprehensively examine the professional network components of female and male directors along with their human capital in the analysis of their prospects for board appointment. The conceptualization of professional networks as well the depth of quantitative analysis of the network components of the study advance the extant literature on the composition of corporate boards.
机译:目的-这项研究的目的是研究人力资本和专业网络对于男女任命上市公司董事会的重要性。这项研究提供了关于人力资本和专业网络如何对女性做出贡献(与男性相比,男性担任董事会成员的几率)的深入分析。设计/方法/方法-该研究分析了在2005年至2010年期间被任命为标准普尔500指数美国上市公司董事会成员的494名男女外部(非执行)董事的人力资本和专业网络。人力资本用董事年龄,教育程度和专业经验(职能和作用)来衡量。测量的专业网络变量包括专业网络的组成,网络中心性,约束和凝聚力。调查结果-研究结果表明,影响女性担任上市公司董事会外部董事的特征与男性不同。相对于男性,某些职业(例如政府关系和教育)提高了女性被任命为公司董事会的几率,而年龄则降低了女性的几率。网络联系的数量和网络凝聚力的程度在预测女性董事会被任命为上市公司相对于男性几率的可能性方面也很重要。最终模型仅能在28%的案例中正确预测女性董事会成员的人数,而在89%的案例中能够预测男性董事会成员的人数,这表明除人力资本和专业网络(例如性别)之外的其他因素也会产生影响妇女被任命为公司董事会成员。原创性/价值-就作者所知,该研究是首次全面分析男女董事的专业网络组成及其人力资本,以分析其董事会任命的前景。专业网络的概念化以及对研究中网络组成部分的定量分析的深度,推动了有关公司董事会组成的现有文献的发展。

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