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Has the time come for bolder policies at the top of the corporation? In almost all countries, the percentage of female CEOs is less than 5 percent and female board directors hover between 10 percent and 15 percent. Given that university graduates are now more than 50 percent female and the labor forces are also nearly equally divided by gender, the lack of penetration of women to the top of the corporation is stunning.
The conference takes for granted that diversity has an important property of social justice and other benefits, but to this adds the question at what cost to private liberties and economic performance. This half-day event began with a keynote address followed by two panels and active debate.
Friday December 10, 2010
8:00 a.m. – 12:30 p.m.
Venue: The Italian Academy
Co-hosted by: The Athena Center for Leadership Studies at Barnard College and the Sanford C. Bernstein & Co. Center for Leadership and Ethics
|8:00 – 8:15 AM||
Breakfast and Conference Registration
|8:15 – 8:30 AM||
Welcome and Introduction
|8:30 – 9:30 AM||
|9:30 – 11:00 AM||
Mona Lena Krook
(15 minute presentations, 30 minute Q & A)
|11:00– 11:15 AM||
|11:15 – 12:15 PM||
Industry Leaders Session: "Recruiting for Boards and CEOs"
|12:15 – 12:30 PM||
Research faculty who would like to learn more about this symposium can contact: leadershipethics (AT) gsb (DOT) columbia (DOT) edu.
Related Academic papers
Beaman, Lori, Chattopadhyay, Raghabendra, Duflo, Esther, Pande, Rohini and Topalova, Petia, Powerful Women: Does Exposure Reduce Bias?, The Quarterly Journal of Economics, November 2009, Vol. 124, No. 4, Pages 1497–1540.
Ahern, Kenneth R. and Dittmar, Amy K., The Changing of the Boards: The Value Effect of a Massive Exogenous Shock, May 19, 2010.
Dezso, Cristian and Ross, David, Female Participation in Top Management and Firm Performance, August 2008.
Belinky, Mariano and Kogut, Bruce, "Corporate Boards and Gender: An Analysis of Attaining Structural Equality among Women and Men by Quotas", 2010, Working paper.
Harrigan, Kathryn R., Numbers and Positions of Women Elected to Corporate Boards, Academy of Management Journal, 1981, 24: 619–625.
Krook, Mona Lena, Quota Laws for Women in Politics: Implications for Feminist Practice, 2008, Social Politics 15 (3): 345–368
With women making up more than 50 percent of university graduates and labor forces also nearly equally divided by gender, the lack of women at the top of the corporate ladder is stunning. Has the time come for bolder policies at the top? Debora Spar, president of Barnard College, and Bruce Kogut, director of the Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School, present opening remarks.
Professors Amy Dittmar of the Ross School of Business, David Ross of Columbia Business School, Mona Lena Krook of Washington University in St. Louis, and Susan Sturm of Columbia Law School share their research on the impact of women on corporate boards and top management, the use of quotas in politics, and the reframing of the equality agenda. Professor Ann Bartel of Columbia Business School moderates.
This panel was part of the conference "Bolder Policies for Diversity at the Top," co-hosted by the Athena Center for Leadership Studies at Barnard College and the Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School. Learn more at http://www.gsb.columbia.edu/leadership/research/dec2010
What do we know about bold policies for creating diversity at the top of the corporation? What is the effect of these policies? Moderated by Gillian Tett, US managing editor of the Financial Times, industry leaders discuss their experiences on boards and share their opinions on the effectiveness of quotas.
Speakers include Barbara Colwell '80 of Women Corporate Directors; James DeGraffenreidt '78 of WGL Holdings, Inc.; Sheila Hooda of TIAA-CREF; and Ellen Stafford-Sigg of Deloitte. Concluding remarks by Kathryn Kolbert of the Athena Center for Leadership Studies at Barnard College and Gita Johar of Columbia Business School.