Article 2, Volume 5 Issue 1

Value Creation and Women on Boards

Author

Bettina Binder – (Hochschule Pforzheim)

Received September 8, 2018; accepted October 26, 2018.

Abstract

Value creation is a major claim of most companies. Mahajan (2017) argues that “value and value creation are natural to and basic in human behaviour and endeavour”, nevertheless women are often marginalized and impeded in their advancement towards leadership positions, where they could shape and influence the process of value creation. The present article looks at the companies of EURO STOXX 50 index in the year 2015 and offers an overview of women representation on the boards of these 50 companies. The paper tries to establish whether the success of these companies can be related to the percentage of female members in supervisory positions. The findings reveal the existence of a weak correlation between Earning before Taxes (EBT) and the proportion of women on the boards of the EURO STOXX 50 companies.

La creación de valor es un reclamo importante de la mayoría de las empresas. Mahajan (2017) argumenta que “el valor y la creación de valor son naturales y básicos en el comportamiento y el esfuerzo humano”, sin embargo, las mujeres a menudo son marginadas e impedidas en su avance hacia posiciones de liderazgo, donde podrían moldear e influir en el proceso de creación de valor. El presente artículo analiza las empresas del índice EURO STOXX 50 en el año 2015 y ofrece una visión general de la representación de las mujeres en los directorios de estas 50 empresas. El documento intenta establecer si el éxito de estas compañías puede estar relacionado con el porcentaje de mujeres en puestos de supervisión. Los resultados revelan la existencia de una correlación débil entre Ganancias antes de impuestos (EBT) y la proporción de mujeres en los directorios de las compañías EURO STOXX 50.

Citation

Binder, B. (2018). Value Creation and Women on Boards. European Accounting and Management Review5(1), 21-46.

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Article 1, Volume 8 Issue 1

DAX Companies in 2019, Financial Performance and Their Women Quota on Supervisory and Management Boards Author Bettina Binder – (Hochschule Pforzheim) DOI: 10.26595/eamr.2014.8.1.1 Download PDF View HTML Received September 27, 2021; accepted November 29, 2021. Abstract English Before the Covid-19 pandemic in German 30-DAX companies the women quota in supervisory boards and management boards increased

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Article 1, Volume 4 Issue 1

Gender Quota and Firm’s Performance: A Focus on Italian and Spanish Companies from EURO STOXX 50

Author

Bettina C.K. Binder – (Hochschule Pforzheim)

Received August 1, 2017; accepted October 6, 2017.

Abstract

Gender diversity of management boards is a highly-debated issue worldwide. Aside from its ethical aspect, promoting equality and a greater inclusion is believed to have also positive effects on the financial performance of a company. National campaigns such as the “2020 Women on Boards” in the USA, or the “Women on the Board Pledge for Europe” at European level are just two examples of initiatives which aim at increasing the female percentage in management boards. In addition, some countries also adopted legal quotas to enhance the existence of diverse management boards. In this context, the present study focuses on the EURO STOXX 50 companies and the relationship between the gender composition of their boards and financial performance as measured by Earnings before Taxes (EBT). A special focus is laid on Italy and Spain, as both countries adopted legislative actions for increasing the proportion of women on boards.

La diversidad de género de los consejos de administración es un tema muy debatido en todo el mundo. Además de su aspecto ético, se cree que promover la igualdad y una mayor inclusión también tiene efectos positivos en el desempeño financiero de una empresa. Las campañas nacionales como “2020 Women on Boards” en los EE. UU. O “Women on the Board Pledge for Europe” a nivel europeo son solo dos ejemplos de iniciativas que apuntan a aumentar el porcentaje de mujeres en las juntas directivas. Además, algunos países también adoptaron cuotas legales para mejorar la existencia de diversos consejos de administración. En este contexto, el presente estudio se centra en las empresas EURO STOXX 50 y la relación entre la composición de género de sus directorios y el desempeño financiero medido por Ganancias antes de impuestos (EBT). Se hace especial hincapié en Italia y España, ya que ambos países adoptaron medidas legislativas para aumentar la proporción de mujeres en los consejos.

Citation

Binder, B. (2017). Gender Quota and Firm’s Performance: A Focus on Italian and Spanish Companies from EURO STOXX 50. European Accounting and Management Review4(1), 1-18.

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Article 3, Volume 8 Issue 1

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Article 2, Volume 8 Issue 1

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Article 1, Volume 8 Issue 1

DAX Companies in 2019, Financial Performance and Their Women Quota on Supervisory and Management Boards Author Bettina Binder – (Hochschule Pforzheim) DOI: 10.26595/eamr.2014.8.1.1 Download PDF View HTML Received September 27, 2021; accepted November 29, 2021. Abstract English Before the Covid-19 pandemic in German 30-DAX companies the women quota in supervisory boards and management boards increased

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