Determinants of under-representation of women on Boards of Directors: an exploratory study of African public and private firms 1

The underlying causes for the low representation of women on board directorships has been the subject of considerable research when viewed in the context of North American, European and Asian economies and markets. In Africa, very few studies exist that examine this reality even if the socio-economi...

Full description

Saved in:
Bibliographic Details
Published inEconomics and business review Vol. 4; no. 2; pp. 98 - 113
Main Author Ouedraogo, Alidou
Format Journal Article
LanguageEnglish
Published Poznan Poznan University of Economics 01.01.2018
Subjects
Banking
Boards of directors
Business ethics
Decision making
Development banks
Equality
Gender
International organizations
Multiculturalism & pluralism
Performance management
Social responsibility
Sociocultural factors
Stock exchanges
Studies
Women
United States > US
Asia
Norway
West Africa
Africa
Online AccessGet full text

Cover

More Information
Summary:The underlying causes for the low representation of women on board directorships has been the subject of considerable research when viewed in the context of North American, European and Asian economies and markets. In Africa, very few studies exist that examine this reality even if the socio-economic situation increasingly requires it. Indeed, women are a pillar of the social and economic life of African countries, as they constitute the equilibrium point of family stability and contributors to various essential economic activities alongside men in their community and country. This central role of African woman in all civic endeavours stands in stark contradiction to their general absence on the Board of Directors of most African companies. Although a recent ADB study indicates that the percentage of African women on boards is higher than on some other continents' nonetheless, the fact remains that this low representation is astonishing. This research aims to understand the cause and effect relationship and to identify the determinants of this low representation of women as sitting board members. It is based on semi-structured interviews with women who are voting members on existing Boards of Directors of large firms in the public and private sectors. It shows that the low representation of women in boardrooms is explained more by socio-cultural factors rather than any organizational flaws or personal issues with these women.
ISSN:2392-1641
2450-0097
DOI:10.18559/ebr.2018.2.6