Neutralizing response to competing logics in corporate governance: Antecedents of female board appointments in Japan
Alternative Title
経営者による企業統治の監視中和化のメカニズム:女性取締役選任の先行要因の質的比較分析
Publication Type
Journal Article
Publication Date
12-2021
Abstract
We explore why Japanese firms break with existing institutional practice by appointing women to their boards. Using an abductive approach building on fuzzy-set qualitative comparative analysis (fsQCA), we find that female board appointments are subject to multiple complex, configurational and equifinal patterns of causality. These patterns involve the simultaneous presence or absence of multiple sources of external pressure and organizational vulnerability. At the same time, based on director profiles collected through interviews, we find that most of the Japanese firms in our sample that appoint women to their boards choose candidates with an internal orientation, i.e., those who see themselves as working for the firm and the CEO rather than those who aim to serve the interests of shareholders. These firms thus adopt the new practice of female board appointments while simultaneously selecting candidates that will support existing board practices, effectively neutralizing the impact of their appointments. Our findings contribute to the corporate governance literature by shedding light on the antecedents and implications of female board appointments in antagonistic institutional contexts.
Discipline
Strategic Management Policy
Research Areas
Strategy and Organisation
Publication
組織科学
Volume
55
Issue
2
First Page
31
Last Page
47
ISSN
0286-9713
Citation
YAMADA, Jin-ichiro and YOSHIKAWA, Toru.
Neutralizing response to competing logics in corporate governance: Antecedents of female board appointments in Japan. (2021). 組織科学. 55, (2), 31-47.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/6874