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What makes a female director? Australian evidence

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Jade 1
Tuesday, July 2, 2024
4:15 PM - 4:30 PM

Presenter

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Ms Tamanna Hussain
Phd Candidate
Griffith University

What makes a female director? Australian evidence

Abstract

This paper investigates the board and female key management personnel (KMP) demography (i.e., gender, age, education, expertise, and social capital) to explore the pipeline of female executives toward board roles. We examine 474 female directors, 1,195 directors, and 666 female KMP members of the largest 300 public-listed companies in Australia. A comparative analysis of these three groups suggests that female directors possess higher educational qualifications and larger social networks than the other two groups. Specifically, a female director has a social network almost twice that of a female KMP member. Further analysis suggests of age that relative to males, female directors start late and finish early in their corporate board career. Moreover, corporate boardrooms are heavily dominated by males through their appointment as chief executive officers. Taken together, our results have implications for the career progression of female executives to board roles.

Biography

Tamanna Hussain, a doctoral candidate at Griffith University, is dedicated to unraveling the complexities of corporate governance, with a keen focus on ASX-listed entities and the dynamics of diversity within Australian corporate boards and Key Management Personnel (KMP). Through her research, she employs a robust theoretical framework to illuminate the underlying factors contributing to the lack of diversity prevalent in Australian corporate governance structures. Her ultimate goal is to drive positive change by fostering greater diversity and inclusivity within Australian corporate boardrooms.
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