Does The Glass Ceiling Exist? A Longitudinal Study Of Womens Progress On French Corporate Boards

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Rey Dang
Duc Khuong Nguyen
Linh-Chi Vo

Keywords

Boards of Directors, Gender, Diversity, Corporate Governance

Abstract

n this article, we conduct a longitudinal study of womens progress on French corporate boards of directors. We particularly focus on the extent to which women directors have circumvented the glass ceiling. Using a sample of SBF 120 companies over a 10-year period from 2000 to 2009, our results provide evidence of a significant increase in the number of women on French corporate boards. However, the corporate glass ceiling hypothesis is consistently rejected whatever the considered measure of female directors; i.e., the number of board seats held by women, the number of firms with a critical mass of female directors, and the number of directorships held by each women director.

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