Why and how should SHE make her way into the family business boardroom?
| Autor: | Maria Lapeira, Dima Jamali, Georges Samara |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Marketing
Family business Socioemotional selectivity theory media_common.quotation_subject Corporate governance 05 social sciences Family cohesion Shareholder 0502 economics and business 050211 marketing Business Prosperity Business and International Management Empirical evidence 050203 business & management media_common Reputation |
| Zdroj: | Business Horizons. 62:105-115 |
| ISSN: | 0007-6813 |
| DOI: | 10.1016/j.bushor.2018.09.001 |
| Popis: | The most successful and longest-enduring family firms are progressively encouraging the active presence of women on their corporate boards. Why is the presence of women on boards so important for family firms? And how can policy makers and controlling owners encourage the active presence of women on family business corporate boards? By integrating the literature on women in governance and the goals of family businesses, we take a step toward increasing shareholder awareness of the economic and noneconomic benefits that women can bring to the family business boardroom. Using theory and empirical evidence, we show that the presence of women on corporate boards can be instrumental for the controlling owners of a family business to achieve prosperity and success, to preserve family cohesion, and to improve the reputation of the family and business simultaneously. Furthermore, we discuss the socioemotional and economic ramifications of excluding women from the family business board of directors. We conclude with four practical recommendations for encouraging the active presence of women on family business boards. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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