Interrogating diversity: Feminism and the destructuration of Australian board appointment practices

IF 4.6 3区 管理学 Q1 BUSINESS
Claire Wright, Corinne Cortese, Abdullah Al-Mamun, Searat Ali
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引用次数: 0

Abstract

Research Question/Issue

How have social movements influenced the diversity of Australian corporate leadership? Although board diversity is crucial for corporate governance, the research in this topic is bifurcated between studies examining interlocking directorates and the presence of boardroom gender diversity.

Research Findings/Insights

In this study, we use a novel dataset and method to understand board diversity. We integrate the analysis of social diversity (structural connections) and demographic diversity among ASX50 boards in 2019 and 2023. Social network analysis (SNA) reveals a closely connected corporate community, with prosopography data identifying a narrow range of “acceptable” demographic characteristics.

Theoretical/Academic Implications

We extend institutional theory by examining the role of global social movements (GSMs) for the destructuration of board appointment practices and the resulting uneven progress on equality. Activism from the global feminist movement has applied multi-dimensional coercive and normative pressures to develop a “pipeline” and “catalyst” for women's board appointments. Simultaneously, the absence of targeted action on other diversities and the intensification of directors' professional requirements have institutionalized the group's social and demographic profile.

Practitioner/Policy Implications

These findings are relevant to policymakers and corporations, highlighting the role of social movements for disrupting the status quo and the multidimensional institutional pressures needed to destructure entrenched appointment practices.

Abstract Image

质疑多样性:女性主义与澳大利亚董事会任命实践的破坏性
研究问题/议题 社会运动如何影响澳大利亚企业领导层的多样性?尽管董事会多样性对公司治理至关重要,但有关这一主题的研究却分为两类,一类是对互锁董事制度的研究,另一类是对董事会性别多样性的研究。 研究结果/见解 在本研究中,我们使用了一种新颖的数据集和方法来了解董事会的多样性。我们综合分析了 2019 年和 2023 年 ASX50 董事会的社会多样性(结构联系)和人口多样性。社会网络分析(SNA)揭示了一个联系紧密的企业社区,而前人口统计学数据则确定了 "可接受的 "人口特征的狭窄范围。 理论/学术意义 我们通过研究全球社会运动(GSMs)在破坏董事会任命惯例方面的作用以及由此导致的不均衡的平等进展,扩展了制度理论。来自全球女权运动的激进主义施加了多维度的强制和规范压力,为女性董事会任命开发了 "管道 "和 "催化剂"。与此同时,由于缺乏针对其他多样性的行动,以及对董事职业要求的强化,使该群体的社会和人口状况制度化。 实践者/政策启示 这些研究结果对政策制定者和企业都有借鉴意义,强调了社会运动在打破现状方面的作用,以及为改变根深蒂固的任命惯例所需的多维度制度压力。
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来源期刊
CiteScore
7.00
自引率
11.30%
发文量
79
期刊介绍: The mission of Corporate Governance: An International Review is to publish cutting-edge international business research on the phenomena of comparative corporate governance throughout the global economy. Our ultimate goal is a rigorous and relevant global theory of corporate governance. We define corporate governance broadly as the exercise of power over corporate entities so as to increase the value provided to the organization"s various stakeholders, as well as making those stakeholders accountable for acting responsibly with regard to the protection, generation, and distribution of wealth invested in the firm. Because of this broad conceptualization, a wide variety of academic disciplines can contribute to our understanding.
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