Women at managerial positions and the competitiveness of companies
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Published:
Dec 30, 2019
Keywords:
Women in business, Manager, Enterprise competitiveness
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Abstract
The goal of the article is to present the latest quantitative data illustrating women's presence at managerial positions in Poland as compared to other European countries and to demonstrate that gender-mixed management boards have an impact on the competitiveness of a company. The analysis uses secondary data, i.e., the published results of previous research into this relatively new problem of benefits related to gender diversity at the highest managerial levels.(fragment of text)
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How to Cite
Lisowska, E. (2019). Women at managerial positions and the competitiveness of companies. Women and Business, (1-4), 2–9, 31. https://doi.org/10.33119/KiB.2019.1-4.1
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References
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33. Martin-Ugedo J.F., Minguez-Vera A., Palma-Martos L. [2018], Female CEOs, returns and risk in Spanish publishing firms, "European Management Review", 15(1), s. 111-120.
34. McKinsey [2013], Gender diversity in top management: Moving corporate culture, moving boundaries, Women Matter Report, McKinsey & Company.
35. Peters T. [2005], Biznes od nowa, Wydawnictwo Studio Emka, Warszawa.
36. Pfeffer J., Salancik G.R. [1978], The external control of organizations. A resource dependence perspective, Harper & Row, New York 1978.
37. Post C., Byron K. [2014], Women on boards and firm financial performance: A meta-analysis, "Academy of Management Journal", 5, s. 1546-1571.
38. Post C., Rahman N., McQuillen C. [2015], From board composition to corporate environmental performance through sustainability-themed alliances, "Journal of Business Ethics", 130(2), s. 423-435.
39. Reuben E., Rey-Biel P., Sapienza P., Zingales L. [2012], The emergence of male leadership in competitive environments, "Journal of Economic Behavior and Organization", 83, s. 111-117.
40. Seung-Hwan J., Harrison D.A. [2017], Glass breaking, strategy making, and value creating: Meta-analytic outcomes of women as CEOs and TMT members, "Academy of Management Journal", 60(4), s. 1219-1252.
41. Sila V., Gonzalez A., Hagendorff J. [2016], Women on board: Does boardroom gender diversity affect firm risk?, "Journal of Corporate Finance", 36, s. 26-53.
42. Silverstein M.J., Sayre K. [2009], Women want more. How to capture your share of the world's largest, fastest-growing market, Harper Collins Publishers, New York.
43. Spence M. [1973], Job market signaling, "The Quarterly Journal of Economics", 87(3), s. 355-374.
44. Stańczyk-Hugiet E. [2017], Implikacje teorii zależności w badaniach relacji, "Organizacja i Kierowanie", 2(176), s. 15-25.
45. Terjesen S., Aguilera R.V., Lorenz R. [2015], Legislating a woman's seat on the board: Institutional factors driving gender quotas for boards of directors, "Journal of Business Ethics", 128(2), s. 233-251.
46. Triki-Damak S. [2018], Gender diverse board and earnings management: Evidence from French listed companies. Sustainability accounting, "Management & Policy Journal", 9(3), s. 289-312.
47. Vishwakarma R. [2017], Women on board and its impact on performance: Evidence from microfinance sector, "Indian Journal of Corporate Governance", 10(1), s. 58-73.
48. Wang X., Shao X. [2017], Research on interval optimization of the proportion of female executives based on panel threshold model, "Journal of Organizational Change Management", 30(7), s. 1081-1092.
49. Williams R.J. [2003], Women on corporate boards of directors and their influence on corporate philanthropy, "Journal of Business Ethics", 42, s. 1-10.
50. Wolfers J. [2006], Diagnosing discrimination: Stock returns and CEO Gender, "Journal of the European Economic Association", 4, s. 531-541.
51. Wolley A.W., Chabris C.F., Pentland A., Hashmi N., Malone T.W. [2010], Evidence for a collective intelligence factor in the performance of human groups, "Science", vol. 330.
52. Zou Z., Wu Y., Zhu Q., Yang S. [2018], Do female executives prioritize corporate social responsibility?, "Emerging Markets Finance & Trade", 54(13), s. 2965-2981.
2. Adams R.B., Haan J., Terjesen S., Ees H. [2015], Board diversity: Moving the field forward, "Corporate Governance: An International Review", 23, s. 77-82.
3. Adhikari B.K. [2018], Female executives and corporate cash holdings, "Applied Economics Letters", 25(13), s. 958-963.
4. Boulouta J. [2013], Hidden connections: The link between board gender diversity and corporate social performance, "Journal of Business Ethics", 113(2), s. 185-197.
5. Breen M., Gillanders R., McNulty G., Suzuki A. [2017], Gender and corruption in business, "Journal of Development Studies", 53(9), s. 1486-1501.
6. Byron K., Post C. [2016], Women on boards of directors and corporate social performance: A meta-analysis, "Corporate Governance: An International Review", 24(4), s. 428-442.
7. Conyon M.J., He L. [2017], Firm performance and boardroom gender diversity: A quantile regression approach, "Journal of Business Research", 79, s. 198-211.
8. Credit Suisse Research Institute [2012], Gender diversity and corporate performance, https://www.credit-suisse.com/newsletter/doc/gender_diversity.pdf
9. Dang A.R., Houanti L., Ammari A., Le N.T. [2018], Is there a "business case" for board gender diversity within French listed SMEs, "Applied Economics Letters", 25(14), s. 980-983.
10. Deller S.C., Conroy T., Watson P. [2017], Women business owners: A source of stability during the great recession?, "Applied Economics", 49(56), s. 5686-5697.
11. Diaz-Garcia C., González-Moreno A., Sáez-Martinez F.J. [2013], Gender diversity within R&D teams: Its impact on radicalness of innovation, "Innovation, Organization and Management", 15(2), s. 149-160.
12. Duliniec A. [2001], Struktura i koszt kapitału w przedsiębiorstwie, Wydawnictwo Naukowe PWN, Warszawa.
13. Dyrektywa [2012], Proposal for a Directive of the European Parliament and of the Council on improving the gender balance among non-executive directors of companies listed on stock exchanges and related measures, European Commission, Brussels 14.11.2012.
14. Dyrektywa [2014], Dyrektywa Parlamentu Europejskiego i Rady 2014/95/UE z dnia 22 października 2014 r. zmieniająca dyrektywę 2013/34/UE w odniesieniu do ujawniania informacji niefinansowych i informacji dotyczących różnorodności przez niektóre duże jednostki oraz grupy, Dz.U. UE L 330/1.
15. Dzinkowski R. [2018], Women in financial leadership: Engaging, inclusive, and empowering, women continue to create value and are changing the conversation in business, "Strategic Finance", 9, s. 38-42.
16. EIGE [2017], Gender Equality Index 2017, Measuring gender equality in the European Union 2005-2015, Report, European Institute of Gender Equality.
17. Erkut S., Kramer V., Konrad A. [2008], Critical mass: Does the number of women on a corporate board make a difference?, w: Women on corporate boards of directors: International research and practice, red. S. Vinnicombe, V. Singh, R. Burke, D. Bilimoria, M. Huse, Edward Elgar, Cheltenham.
18. European Commission [2019], Report on equality between women and men in the EU, Publications Office of the European Union, Luxembourg.
19. Eurostat [2019a], https://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&language=en&pcode=sdg_05_60&plugin=1 &tableSelection=2, dostęp: 19.10.2019.
20. Eurostat [2019b], Only 1 manager out of 3 in the EU is a woman, "Eurostat Newsrelease", 43.
21. Fan Y., Jiang Y., Zhang X., Zhou Y. [2019], Women on boards and bank earnings management: From zero to hero, "Journal of Banking and Finance", 107, s. 105607.
22. Gallup [2012], Business insider, https://www.businessinsider. com/why-women-are-better-managers-than-men-2015-4?IR=T
23. Glass Ch., Cook A., Ingersoll A.R. [2016], Do women leaders promote sustainability? Analyzing the effect of corporate governance composition on environmental performance, "Business Strategy and the Environment", 25(7), s. 495-511.
24. GUS [2019], Aktywność ekonomiczna ludności Polski, II kw., Warszawa.
25. Hafsi T., Turgut G. [2013], Boardroom diversity and its effect on social performance: Conceptualization and empirical evidence, "Journal of Business Ethics", 112(3), s. 463-479.
26. Harjoto M., Laksmana I., Lee R. [2015], Board diversity and corporate social responsibility, "Journal of Business Ethics", 132(4), s. 641-660.
27. Hatch M.J. [2002], Teoria organizacji, Wydawnictwo Naukowe PWN, Warszawa.
28. Jensen M.C. Meckling W.H. [1976], Theory of the firm: Managerial behavior, agency costs and ownership structure, "Journal of Financial Economics", 3(4), s. 305-360.
29. Kirsch A. [2018], The gender composition of corporate boards: A review and research agenda, "The Leadership Quarterly", 29, s. 346-364.
30. Lisowska E. [2010], Kobiety w spółkach giełdowych i rentowność firmy, "Kobieta i Biznes", nr 1-4, s. 3-12.
31. Mallin C.A., Michelon G. [2011], Board reputation attributes and corporate social performance: An empirical investigation of the US Best Corporate Citizens, "Accounting and Business Research", 41(2), s. 119-144.
32. Martinez M.C.V., Rambaud S.C. [2019], Women on corporate boards and firm's financial performance, "Women's Studies International Forum", 76.
33. Martin-Ugedo J.F., Minguez-Vera A., Palma-Martos L. [2018], Female CEOs, returns and risk in Spanish publishing firms, "European Management Review", 15(1), s. 111-120.
34. McKinsey [2013], Gender diversity in top management: Moving corporate culture, moving boundaries, Women Matter Report, McKinsey & Company.
35. Peters T. [2005], Biznes od nowa, Wydawnictwo Studio Emka, Warszawa.
36. Pfeffer J., Salancik G.R. [1978], The external control of organizations. A resource dependence perspective, Harper & Row, New York 1978.
37. Post C., Byron K. [2014], Women on boards and firm financial performance: A meta-analysis, "Academy of Management Journal", 5, s. 1546-1571.
38. Post C., Rahman N., McQuillen C. [2015], From board composition to corporate environmental performance through sustainability-themed alliances, "Journal of Business Ethics", 130(2), s. 423-435.
39. Reuben E., Rey-Biel P., Sapienza P., Zingales L. [2012], The emergence of male leadership in competitive environments, "Journal of Economic Behavior and Organization", 83, s. 111-117.
40. Seung-Hwan J., Harrison D.A. [2017], Glass breaking, strategy making, and value creating: Meta-analytic outcomes of women as CEOs and TMT members, "Academy of Management Journal", 60(4), s. 1219-1252.
41. Sila V., Gonzalez A., Hagendorff J. [2016], Women on board: Does boardroom gender diversity affect firm risk?, "Journal of Corporate Finance", 36, s. 26-53.
42. Silverstein M.J., Sayre K. [2009], Women want more. How to capture your share of the world's largest, fastest-growing market, Harper Collins Publishers, New York.
43. Spence M. [1973], Job market signaling, "The Quarterly Journal of Economics", 87(3), s. 355-374.
44. Stańczyk-Hugiet E. [2017], Implikacje teorii zależności w badaniach relacji, "Organizacja i Kierowanie", 2(176), s. 15-25.
45. Terjesen S., Aguilera R.V., Lorenz R. [2015], Legislating a woman's seat on the board: Institutional factors driving gender quotas for boards of directors, "Journal of Business Ethics", 128(2), s. 233-251.
46. Triki-Damak S. [2018], Gender diverse board and earnings management: Evidence from French listed companies. Sustainability accounting, "Management & Policy Journal", 9(3), s. 289-312.
47. Vishwakarma R. [2017], Women on board and its impact on performance: Evidence from microfinance sector, "Indian Journal of Corporate Governance", 10(1), s. 58-73.
48. Wang X., Shao X. [2017], Research on interval optimization of the proportion of female executives based on panel threshold model, "Journal of Organizational Change Management", 30(7), s. 1081-1092.
49. Williams R.J. [2003], Women on corporate boards of directors and their influence on corporate philanthropy, "Journal of Business Ethics", 42, s. 1-10.
50. Wolfers J. [2006], Diagnosing discrimination: Stock returns and CEO Gender, "Journal of the European Economic Association", 4, s. 531-541.
51. Wolley A.W., Chabris C.F., Pentland A., Hashmi N., Malone T.W. [2010], Evidence for a collective intelligence factor in the performance of human groups, "Science", vol. 330.
52. Zou Z., Wu Y., Zhu Q., Yang S. [2018], Do female executives prioritize corporate social responsibility?, "Emerging Markets Finance & Trade", 54(13), s. 2965-2981.