2012
DOI: 10.1111/j.1467-8551.2012.00847.x
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Women in Upper Echelons of Management, Tenure and Legal Risk

Abstract: Integrating risk, gender diversity and upper echelons literatures, we examine whether the presence of women in upper management (top management team (TMT) and board of directors (BOD)) and the tenure of TMTs and BODs are associated with the risk of lawsuits. An analysis of data from firms in the US retail industry shows that the presence of women in TMTs and BODs and the tenure of TMTs and BODs are negatively associated with legal risk, but longer tenured BODs with more women had a positive impact on lawsuits.… Show more

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Cited by 47 publications
(39 citation statements)
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References 123 publications
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“…While a plethora of research has explored women in leadership (e.g., Baxter, 2012;Muller-Kahle and Schiehll, 2013;Bao et al, 2014;Fitzsimmons et al, 2014;Seierstad and Kirton, 2015;Mavin and Grandy, 2016), the question of what role change agents can have on challenging gendered systems and structures for improved gender equality is less explored. Change agency is often conceptualised under the banner of equality, diversity and inclusion.…”
Section: Introductionmentioning
confidence: 99%
“…While a plethora of research has explored women in leadership (e.g., Baxter, 2012;Muller-Kahle and Schiehll, 2013;Bao et al, 2014;Fitzsimmons et al, 2014;Seierstad and Kirton, 2015;Mavin and Grandy, 2016), the question of what role change agents can have on challenging gendered systems and structures for improved gender equality is less explored. Change agency is often conceptualised under the banner of equality, diversity and inclusion.…”
Section: Introductionmentioning
confidence: 99%
“…For US retail firms, with less entrenched boards, Bao et al . () reveal that stronger female top‐management presence lessens legal risk. They examine this issue through the lens of UET (Hambrick and Mason, ).…”
Section: Theory and Hypothesesmentioning
confidence: 99%
“…Equally, SMTs that promote sound risk-management practices may be more effective in exploiting growth options (Chen, Ni and Tong, 2016). For US retail firms, with less entrenched boards, Bao et al (2014) reveal that stronger female top-management presence lessens legal risk. They examine this issue through the lens of UET (Hambrick and Mason, 1984).…”
mentioning
confidence: 99%
“…While the post-2009 WoB literature is still dominated by descriptive papers correlating women's presence on boards to financial performance indicators (e.g. Chapple and Humphrey, 2014;Haslam et al, 2010;Joecks, Pull and Vetter, 2013;Post and Byron, 2015;Sabatier, 2015;Tanaka, 2014), noteworthy developments include the extension of studies beyond Anglo-Saxon countries (Abdullah, 2014;Tipurić, Lovrinčević andŠelamov, 2015;Ujunwa, 2012) and increased interdisciplinary contributions from finance, law and governance (Bao et al, 2014;Branson, 2012;Choudhury, 2015;Gregory et al, 2013;Magnier and Rosenblum, 2014). As the WoB field becomes more global, interdisciplinary and focused on change mechanisms (e.g.…”
Section: Development Of the Wob Field And Cross-fertilization Of Ideasmentioning
confidence: 99%