n South African Journal of Labour Relations - Representation of women directors in JSE securities exchange listed companies : institutional theory perspective
|Article Title||Representation of women directors in JSE securities exchange listed companies : institutional theory perspective|
|© Publisher:||University of South Africa (UNISA)|
|Journal||South African Journal of Labour Relations|
|Author||Pumela Msweli-Mbanga, Patricia Fitzgerald and Andile Mkhize|
|Publication Date||Jan 2005|
|Pages||98 - 110|
This study generated a causal diagram reflecting the predictive effects of representation of women directors and market capitalisation on share price growth among firms listed on the Johannesburg Securities Exchange (JSE). Institutional theory provided the theoretical underpinning for the relationship between representation of women directors, market capitalisation and share price growth. The hypothesis that there is a positive relationship between representation of women directors and share price growth was not supported. The findings also showed that while market capitalisation exerts a positive and a statistically significant effect on representation of women directors, it has no mediation effect on representation of women directors and share price growth. Implications of the results are discussed and suggestions for future research presented.
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