Women on German management boards: How ownership structure affects management board diversity

2012 | book part. A publication with affiliation to the University of Göttingen.

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​Women on German management boards: ​How ownership structure affects management board diversity​
Oehmichen, J. ; Rapp, M. S.& Wolff, M. A. ​ (2012)
In:​Beham, Barbara; Straub, Caroline; Schwalbach, Joachim​ (Eds.), Managing Diversity in Organizations pp. 95​-125. (Vol. 82). ​Wiesbaden: ​Gabler Verlag. DOI: https://doi.org/10.1007/978-3-8349-3869-5_6 10.1007/s11573-011-0541-0 

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Authors
Oehmichen, Jana ; Rapp, Marc Steffen; Wolff, Michael A. 
Editors
Beham, Barbara; Straub, Caroline; Schwalbach, Joachim
Abstract
In this paper we want to investigate the impact of company owners on the low percentage of women on management boards and whether they are attempting to increase this percentage. After analysing whether ownership concentration influences the number ofwomen on management boards we distinguish between different types of owners.We find that ownership concentration has no effect on the presence of women on German management boards, we show however that institutional and individual owners have a significantly positive effect. Classifying institutional owners into national and foreign owners illustrates that foreign investors are the primary driver of the positive effect within the class of institutional owners; the presence of national investors that are strongly influenced by the national banking system does not show any effect. Our analyses are based on 15,976 management board member positions from 2000 to 2007 in approximately 600 German-listed companies.
Issue Date
2012
Publisher
Gabler Verlag
Organization
Wirtschaftswissenschaftliche Fakultät 
Language
English

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