Does Female Representation on Boards of Directors Associate with Increased Transparency and Ethical Behavior
Does Female Representation on Boards of Directors Associate with Increased Transparency and Ethical Behavior
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DOI：
10.2308/apin-10374
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发表时间：
2013-12
影响因子：
--
通讯作者：
Meredith B. Larkin;Richard A. Bernardi;Susan M. Bosco
中科院分区：
文献类型：
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作者：
Meredith B. Larkin;Richard A. Bernardi;Susan M. Bosco
摘要：本研究根据《财富》杂志（2010年）的年报数据，考察了《财富》500强企业的企业透明度和道德取向与董事会中女性代表人数之间的关系。我们作出此判断的依据是，该公司是否被列入《道德村》（Ethisphere）杂志的“2010年全球最具道德企业”（《道德村》杂志2011年）或（和）《企业责任》（Corporate Responsibility）杂志的“2010年100家最佳企业公民”（《企业责任》杂志2011年）名单。我们的研究结果表明，随着女性董事人数的增加，公司出现在这些名单上的可能性增加。我们还发现，《道德村》杂志的数据表明了女性董事的“临界质量”，而《企业责任》杂志的数据则没有。
ABSTRACT: This study examined the association between corporate transparency and ethical orientation of Fortune 500 companies and the number of females represented on the board of directors from the Fortune (2010) annual report data. Our basis for this judgment was whether the firm was listed on either (both) Ethisphere Magazine's “2010 World's Most Ethical Companies” (Ethisphere Magazine 2011) or (and) Corporate Responsibility Magazine's “100 Best Corporate Citizens 2010” (Corporate Responsibility Magazine 2011) list(s). Our results indicated that, as the number of women directors increased, the probability of a corporation appearing on these lists increased. We also found that a “critical mass” of women directors was indicated by the data for Ethisphere Magazine's but not Corporate Responsibility Magazine's list.