Authors are listed alphabetically. An earlier version of the paper was presented at the Southern Management Association annual conference. The paper has benefited from the comments that we received from conference reviewers and participants. We thank Dr David Selover (Department of Economics) and Dr Ed Markowski (Department of IT and Decision Sciences), both at Old Dominion University, for assistance with data analyses and interpretation. We thank our colleagues, especially Dr Lance Frazier, for feedback on earlier versions of the paper.
Women in Upper Echelons of Management, Tenure and Legal Risk
Article first published online: 29 OCT 2012
© 2012 The Author(s). British Journal of Management © 2012 British Academy of Management
British Journal of Management
Volume 25, Issue 2, pages 388–405, April 2014
How to Cite
Bao, S., Fainshmidt, S., Nair, A. and Vracheva, V. (2014), Women in Upper Echelons of Management, Tenure and Legal Risk. British Journal of Management, 25: 388–405. doi: 10.1111/j.1467-8551.2012.00847.x
- Issue published online: 8 APR 2014
- Article first published online: 29 OCT 2012
Integrating risk, gender diversity and upper echelons literatures, we examine whether the presence of women in upper management (top management team (TMT) and board of directors (BOD)) and the tenure of TMTs and BODs are associated with the risk of lawsuits. An analysis of data from firms in the US retail industry shows that the presence of women in TMTs and BODs and the tenure of TMTs and BODs are negatively associated with legal risk, but longer tenured BODs with more women had a positive impact on lawsuits. Implications and suggestions for future research are offered.