 Direct and spillover effects of board gender quotas: Revisiting the Norwegian experienceJosep Garcia‐Blandon, Josep Maria Argilés‐Bosch, Diego Ravenda and David Castillo‐Merino Business Ethics, the Environment & Responsibility, 2023, vol. 32, issue 4, 1297-1309 Abstract: Building on the Norwegian case, this study examines the long‐term implications of board gender quotas on the advancement of gender diversity in managerial leadership. Previous research has indicated that, aside from the board, the quota had limited impact on achieving this objective. However, these studies have narrowly focused on the spill‐over effects of the quota, primarily concentrating on the positions of CEO and Chair. The findings of this study reveal contrasting effects of the board gender quota on the gender composition of the board and the executive committee of the board. Consequently, Norwegian companies have increased the representation of women on their boards, as mandated by the law, while simultaneously experiencing a reduction in the presence of female executive directors. Moreover, the strength of both opposing effects has diminished over time. In addition to the board of directors, the quota has not influenced the promotion of gender diversity at other managerial levels. Furthermore, our study suggests that the quota has led to a decrease in the average tenure and level of independence of the boards, although it has not affected the qualifications of board members. Date: 2023 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wly:buseth:v:32:y:2023:i:4:p:1297-1309 Access Statistics for this article More articles in Business Ethics, the Environment & Responsibility from John Wiley & Sons, Ltd. |
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