Playing the Boys Game: Golf Buddies and Board Diversity

Sumit Agarwal, Wenlan Qian, David M. Reeb and Tien Foo Sing

American Economic Review, 2016, vol. 106, issue 5, 272-76

Abstract: We study the participation of women in golf, a predominately male social activity, and its influence on their likelihood of serving on a board of directors. Exploiting a novel dataset of all golfers in Singapore, we find that woman golfers enjoy a 54% higher likelihood of serving on a board relative to male golfers. A woman's probability of serving on the board in a large firm or in a predominately male industry increases by 117% to 125% when she plays golf. Joining the boy's informal network appears to facilitate women's entrance or success in the executive labor market.

JEL-codes: G34 J16 M12 M51 (search for similar items in EconPapers)
Date: 2016
Note: DOI: 10.1257/aer.p20161033
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Citations: View citations in EconPapers (24)

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