The Challenges of Gender Diversity in Boards of Directors: An Australian Study with Global Implications

Abstract Despite gender diversity being driven by institutional bodies, companies have been relatively slow to diversify. In this study, it is investigated that how Australian boards select new directors, and how those selection processes affect their recruitment of women. In‐depth interviews are co...

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Main Authors: Suzanne Young, Karen Farquharson, Daswin De Silva, Paul Mather
Format: Article
Language:English
Published: Wiley 2025-02-01
Series:Global Challenges
Subjects:
Online Access:https://doi.org/10.1002/gch2.202400259
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author Suzanne Young
Karen Farquharson
Daswin De Silva
Paul Mather
author_facet Suzanne Young
Karen Farquharson
Daswin De Silva
Paul Mather
author_sort Suzanne Young
collection DOAJ
description Abstract Despite gender diversity being driven by institutional bodies, companies have been relatively slow to diversify. In this study, it is investigated that how Australian boards select new directors, and how those selection processes affect their recruitment of women. In‐depth interviews are conducted of those with first‐hand experience of board appointments, followed by the thematic analysis and the application of natural language processing techniques to identify emotions and sentiment associated with these themes. The findings indicate that boards are adopting a social rather than rational approach to board selection. They are using networks, recruitment agencies, skills matrices and pools which on the surface appear to broaden the diversity of board members. But if they are not actively seeking gender diversity these methods can still limit diversity. For women, the lack of progress and barriers of access are resulting in high intensity of negative emotions. A key contribution of the research is the intersection of social approaches to board appointment and social identity theory with the dynamics of gender. Boards need to prioritize diversity for it to be achieved. There is a need for more active methods of recruitment and expansion of the networks and pools where directors are traditionally sought. Institutions can drive change through increasing targets and requiring enhanced reporting.
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spelling doaj-art-c3787802aabd4ccfbf0abe82e1ace60a2025-02-07T04:31:20ZengWileyGlobal Challenges2056-66462025-02-0192n/an/a10.1002/gch2.202400259The Challenges of Gender Diversity in Boards of Directors: An Australian Study with Global ImplicationsSuzanne Young0Karen Farquharson1Daswin De Silva2Paul Mather3La Trobe Business School La Trobe University Melbourne 3086 AustraliaSchool of Social and Political Sciences The University of Melbourne Parkville 3010 AustraliaCentre for Data Analytics and Cognition La Trobe University Melbourne 3086 AustraliaLa Trobe Business School La Trobe University Melbourne 3086 AustraliaAbstract Despite gender diversity being driven by institutional bodies, companies have been relatively slow to diversify. In this study, it is investigated that how Australian boards select new directors, and how those selection processes affect their recruitment of women. In‐depth interviews are conducted of those with first‐hand experience of board appointments, followed by the thematic analysis and the application of natural language processing techniques to identify emotions and sentiment associated with these themes. The findings indicate that boards are adopting a social rather than rational approach to board selection. They are using networks, recruitment agencies, skills matrices and pools which on the surface appear to broaden the diversity of board members. But if they are not actively seeking gender diversity these methods can still limit diversity. For women, the lack of progress and barriers of access are resulting in high intensity of negative emotions. A key contribution of the research is the intersection of social approaches to board appointment and social identity theory with the dynamics of gender. Boards need to prioritize diversity for it to be achieved. There is a need for more active methods of recruitment and expansion of the networks and pools where directors are traditionally sought. Institutions can drive change through increasing targets and requiring enhanced reporting.https://doi.org/10.1002/gch2.202400259australiaboardsdiversitygendernetworks, quotasupper echelon theory
spellingShingle Suzanne Young
Karen Farquharson
Daswin De Silva
Paul Mather
The Challenges of Gender Diversity in Boards of Directors: An Australian Study with Global Implications
Global Challenges
australia
boards
diversity
gender
networks, quotas
upper echelon theory
title The Challenges of Gender Diversity in Boards of Directors: An Australian Study with Global Implications
title_full The Challenges of Gender Diversity in Boards of Directors: An Australian Study with Global Implications
title_fullStr The Challenges of Gender Diversity in Boards of Directors: An Australian Study with Global Implications
title_full_unstemmed The Challenges of Gender Diversity in Boards of Directors: An Australian Study with Global Implications
title_short The Challenges of Gender Diversity in Boards of Directors: An Australian Study with Global Implications
title_sort challenges of gender diversity in boards of directors an australian study with global implications
topic australia
boards
diversity
gender
networks, quotas
upper echelon theory
url https://doi.org/10.1002/gch2.202400259
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