4 ms·

Here is another explanation: Underperforming companies are more desperate and so choose candidates with good track records even if they are not male. Males who

Here is another explanation: Underperforming companies are more desperate and so choose candidates with good track records even if they are not male. Males who can have the pick of the crop are more likely to work for successful companies. So the causation could go the other way: female directors are more likely to be chosen by underperforming companies than overperforming ones.

vannevar 17y ago
Your argument requires a preference among successful companies for male directors, which is essentially the same as the "old boy's network" theory. It may be that the preference is rational, but this study provides no evidence to prove that assertion.