How women gain centrality in VC-backed board networks and its effect on new venture performance.

Type
conference paper
Date Issued
2023-06-15
Author(s)
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Abstract
We build on the activist choice homophily theory and challenge the traditional understanding that woman board members should try to break into the in-group of men to advance to influential positions in the male-dominated board networks of VC-funded new ventures. We hypothesize and evidence with our longitudinal data that women board members are better off advancing to influential positions when initially forming ties with their women sub-group. Our results also show that influential women in women sub-groups are more beneficial to new venture performance compared to men in men sub-groups. These findings evidence the benefits but also the boundary conditions of activist choice homophily.
Language
English (United States)
Event Title
EURAM 2023
Event Location
Dublin, Ireland
Event Date
June, 2023
URL