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Factors Affecting Women´s Involvement in the Governance of Family Firms: The Role of the Generational Stage

Factors Affecting Women´s Involvement in the Governance of Family Firms: The Role of the Generational Stage
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Author(s): Annalisa Sentuti (University of Urbino Carlo Bo, Italy), Gail Denisse Chamochumbi Diaz (University of Urbino Carlo Bo, Italy) and Francesca Maria Cesaroni (University of Urbino Carlo Bo, Italy)
Copyright: 2020
Pages: 22
Source title: Handbook of Research on the Strategic Management of Family Businesses
Source Author(s)/Editor(s): Jesús Manuel Palma-Ruiz (Universidad Autónoma de Chihuahua, Mexico), Ismael Barros-Contreras (Universidad Austral de Chile, Chile) and Luca Gnan (University of Rome "Tor Vergata", Italy)
DOI: 10.4018/978-1-7998-2269-1.ch004

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Abstract

The chapter analyzes female involvement in medium-sized family businesses in Central Italy. The empirical analysis focuses on 233 firms over the period 2007-2014, to understand how female representation in corporate governance has evolved in recent years, and to pinpoint the factors tending to encourage/discourage female involvement in the board of directors. A descriptive analysis was conducted, enabling a fuller understanding of how female involvement in governance roles has evolved over the years. A regression analysis was performed to determine if and how specific governance characteristics – such as family ownership and generational stage – may have a bearing on the female presence on the board. The results confirm that female representation is favorably influenced by a strong family presence in the ownership of the business, while family firms under first-generation control exert a negative influence on female involvement.

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