Conclusion

Frank Lefley () and Václav Janeček ()
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Frank Lefley: University of Hradec Králové, Faculty of Informatics and Management
Václav Janeček: University of Hradec Králové, Faculty of Informatics and Management

Chapter 10 in Board Gender Diversity and Critical Mass Theory, 2026, pp 247-251 from Springer

Abstract: Abstract The inconclusive findings in some of the earlier research on board gender diversity may have resulted from a failure to consider the implications of a critical mass of female directors (Amorelli & Garcia-Sánchez, 2020; García-Meca et al., 2022; Lefley & Janeček, 2025a). Additionally, due to the underrepresentation of women on corporate boards in some countries, the “prediction” of a critical mass of women on the board may have led to erroneous conclusions when considering the token status of women and their limited involvement in business decision-making. For example, while gender diversity is shown to lead to an increase in corporate risk, this does not necessarily mean that female directors are risk-takers (Liao et al., 2022).

Date: 2026
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DOI: 10.1007/978-3-032-13608-4_10

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