Corporate Government by Investors and the Role of Woman  

Oleh:

Kawaguchi, Akira

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Japan Labor Review vol. 6 no. 1 (2009), page 72-90.
Topik: Corporate Governance; Investors; Role of Woman

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ134.5 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

The paper examines the hypothesis that "The disciplining of management by investor governance of corporations promotes an active role for women in the corporation. The variables used to measure "active role" for women are three: the proportion of women among regular employees, the proportion of managers who are women and the number of positive action policies. The four used as measures of investor governance are: managers answering that investors' word carried more weight than that of their banks (a dummy variable counted as 1), the number of investor relations (IR) measures, the number of measures to reform shareholders general meeting procedures and the number of measures to reform board structures. The results show that there is a significant positive correlation between the proportion of women in management and the existence of positive action policies on the on hand and the strength of investor governance. This means that where investors' influence is strong, many positive action measures are taken, resulting in a higher proportion of female managers, the hypothesis thereby being supported. Thus it becomes apparent that the disciplining of managers by investors creates an environment in which it is easier for women to be active, and thereby produces more women managers.

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