Nomination committee-board gender diversity nexus in Ghana
by Kingsley Opoku Appiah; Lawrence Adu Asamoah; Beatrice Osei
International Journal of Business Governance and Ethics (IJBGE), Vol. 11, No. 2, 2016

Abstract: This study assesses the link between nomination committees' presence and size as well as male directors on nomination committee and gender diversity in Ghanaian boardrooms. We use a dataset of 25 listed and 20 unlisted Ghanaian firms for January 2006 to December 2012; nine years after the Ghana Government endorsed an Affirmative Action Plan to achieve 40% representation of women on all boards by the year 2000. We employ probit and logit regressions to test our hypotheses. Listed firms and financial institutions are more likely to have more gender diverse boards. By contrast, we have no evidence to support the link between board gender diversity and board size, firm age, firm size, firm ownership, board composition and nomination committees' presence and size as well as male directors on nomination committee. Overall, our results raise questions on the appropriateness of the continual use of both the agency and resource dependency theories in explaining board gender diversity in developing economies' perspective. This study is the first of its kind, particularly within developing economies.

Online publication date: Mon, 08-Aug-2016

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Governance and Ethics (IJBGE):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com