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Einrichtung: gesis
Link: Volltext
Verfasst von: Bell, Brad; Tshimanga, Mujinga
In:
Jahr: 2025
Band: 33
ISSN: 2523-451X
Sprache: Englisch
Beschreibung:
Purpose: This two-part literature review aims to synthesize and analyze the complex relationship between women directors and their impact on corporate boards and companies. Part 1 establishes the theoretical, definitional, and mechanistic foundations necessary to understand this relationship, focusing on the antecedents and processes of influence. Design/Method/Approach: It employs a comprehensive narrative literature review methodology, synthesizing global theoretical and empirical research. Findings: The impact of women directors is not direct but mediated through specific boardroom mechanisms, such as enhanced monitoring, reduced groupthink, and improved stakeholder orientation, and moderated by contextual factors like critical mass, national culture, and policy type. Achieving a meaningful critical mass (typically three women or ~30%) is essential to move beyond tokenism and enable substantive influence. The global policy landscape reveals a dichotomy between mandatory quotas and voluntary targets, each with distinct implications for the pace of change and legitimacy of appointments. Theoretical Implications: The review integrates multiple theoretical frameworks, including Critical Mass Theory, Agency Theory, Resource Dependence Theory, and Social Role Theory, to explain the nuanced pathways of influence. It affirms the centrality of Critical Mass Theory while highlighting that its effectiveness is contingent on institutional and cultural moderators. Practical Implications: Practitioners should promote inclusive board cultures and merit-based appointments, considering contextual moderators like industry and national institutions. Originality/Value: It provides a structured, mechanism-based framework to clarify mixed empirical findings and opens the "black box" of boardroom dynamics. Research Limitations/Future Research: Findings are context-dependent; future research should employ longitudinal designs and explore the interplay of diversity dimensions and informal board norms.
Anmerkung:
begutachtet (peer reviewed)
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Standort

gesis