References (41)



Gender and Board Activeness: The Role of a Critical Mass

Miriam Schwartz-Ziv

Michigan State University

November 11, 2014

This study analyzes detailed minutes of board meetings of business companies in which the Israeli government holds a substantial equity interest. Boards with at least three directors of each gender are found to be at least 79% more active at board meetings than boards without such representation of both genders. This phenomenon is particularly driven by women directors, who are more active when a critical mass of at least three women directors is in attendance. Gender-balanced boards are also likely to replace underperforming CEOs, and to be particularly active during periods in which companies are in the process of replacing their CEO.

Number of Pages in PDF File: 76

Keywords: boards of directors, gender, active boards, firm performance

JEL Classification: D71, D73, G30, J01, J16, L21, M10

Download This Paper

Date posted: June 23, 2011 ; Last revised: December 19, 2014

Suggested Citation

Schwartz-Ziv, Miriam, Gender and Board Activeness: The Role of a Critical Mass (November 11, 2014). Available at SSRN: http://ssrn.com/abstract=1868033 or http://dx.doi.org/10.2139/ssrn.1868033

Contact Information

Miriam Schwartz-Ziv (Contact Author)
Michigan State University ( email )
315 Eppley Center
East Lansing, MI 48824-1122
United States
Feedback to SSRN

Paper statistics
Abstract Views: 3,056
Downloads: 649
Download Rank: 15,418
References:  41

© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo2 in 0.656 seconds