The Second Glass Ceiling: Women’s Role in Supervisory Boards of German Firms
The Second Glass Ceiling: Women’s Role in Supervisory Boards of German Firms
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第二个玻璃天花板：女性在德国公司监事会中的角色
DOI：
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发表时间：
2018
影响因子：
2.2
通讯作者：
Thorsten Schank
中科院分区：
文献类型：
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作者：
Viktor Bozhinov;Christopher Koch;Thorsten Schank
这项研究分析了妇女在德国公司监事会中的作用。特别是，我们调查了妇女担任高级职位的可能性，如董事会（副）主席和常务委员会成员。基于不适合模型的逻辑，我们认为，一旦女性克服了第一个玻璃天花板，成为董事会成员，他们仍然面临着第二个玻璃天花板，阻止他们获得高级董事会职位。我们使用2009年至2016年的103家平价共同确定和公开上市公司的样本来测试我们的假设。我们发现，女性董事在高级董事会职位上的代表性不足。这个差距特别大，甚至增加了董事会主席的位置。它还出席副主席的职位，并（在股东代表的情况下）在常设委员会的成员资格，提名委员会除外。这些发现与第二层玻璃天花板的存在相一致。我们的研究有助于文献中的妇女在高级董事会职位的普遍性。特别是，我们提供了新的证据，妇女在董事会的进展，在一个双层系统与共同决定。我们的研究的一个潜在含义是，尽管最近董事会中的女性人数有所增加，但女性对董事会决策的影响可能仍然有限。
This study analyzes the role of women on supervisory boards of German companies. In particular, we investigate the likelihood of women to hold senior positions such as (vice) chair of the board and their membership in standing committees. Based on the logic of the lack of fit model, we argue that once women overcome the first glass ceiling and become board members, they still face a second glass ceiling preventing them from gaining senior board positions. We test our hypotheses using a sample of 103 parity co-determined and publicly quoted companies from 2009 to 2016. We find that women directors are underrepresented in senior board positions. This gap is particularly large and even increasing for the position of the board chair. It is also present for the position of the vice chair and (in the case of shareholder representatives) for memberships in standing committees except for the nomination committee. These findings are consistent with the presence of a second glass ceiling. Our study contributes to the literature on the prevalence of women in senior board positions. In particular, we provide novel evidence on the progress of women on boards in a two-tier system with co-determination. One potential implication of our study is that women’s influence on board decision-making might still be limited despite the recent increase of the number of women on boards.
影响因子：
22.4
作者：
Koenig, Anne M.;Eagly, Alice H.;Ristikari, Tiina
通讯作者：
Ristikari, Tiina