Women and Racial Minorities in the Boardroom: How Do Directors Differ?

Author:

Hillman Amy J.1,Cannella Albert A.2,Harris Ira C.3

Affiliation:

1. Department of Management, Arizona State University, P.O. Box 874006, Tempe, AZ 85287-4006, USA,

2. Department of Management, Texas A&M University, College Station, TX 77843, USA,

3. Department of Management, University of Notre Dame, Notre Dame, IN 46556-0399, USA,

Abstract

In this paper, we examine how the attributes of female and racial minority directors differ from those of white males. We track a sample of white male, white female, African-American female and African-American male directors who serve on Fortune 1000 boards and find differences in occupational background, education, and patterns of board affiliation. Female and African-American directors are more likely to come from non-business backgrounds, are more likely to hold advanced degrees, and join multiple boards at a faster rate than white male directors.

Publisher

SAGE Publications

Subject

Strategy and Management,Finance

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