Corporate Women Directors International, 2004; Flynn and Adams, 2004)
2- Industries with high female employees were correlated with more female presentation on board confirmed by data analysis.
3- No data supported that diversification level is associated with female representation on the board and this confirmed by other studies as “Corporate strategic decisions regarding diversification are more likely to be made by management than boards of directors, and to be encouraged by interlocking directors with extra-industry ties. “(Chen et al, 2009)
4- External network effect was positively and significantly proved by the result of the study and that’s mean that the study relate the presence of women in the boards of field’s external links with the presence of women in the board of director of the field.
Limitations