Vad är anledningen till mansdominerade bolagsstyrelser? : En panelstudie för att se bestämningsfaktorer till kvinnlig representation i svenska bolagsstyrelser

Sammanfattning: As gender equality policies have gained more space in recent decades, the importance of gender-balanced corporate boards has also been widely debated. Large listed companies in Sweden have seen improvement in gender diversity in their boards in recent years, but the need for continued work towards gender equality remains a fact. There are various reasons to male-dominated boards, including norms, biases, and education, among others. The purpose of this thesis is to examine the statistical relationships between eight explanatory variables, and the dependent variable of the proportion of women on corporate boards. The approach for the analysis is through a panel data study, utilizing data from ten Swedish companies from the years 2015 to 2022, with support from principles of economics. The panel data using a random effect model, showed results where five out of eight explanatory variables were statistically significant. The variables market value, revenue, salary, and industry indicators L and M demonstrated a significant influence on the proportion of women on corporate boards. On the other hand, the variables ESG score and industry indicators C and G were found to be nonsignificant and therefore not suitable for inclusion in our model. However, the significant variables had small estimators, indicating a relatively small impact on the dependent variable. This may be explained by the number of observations in our analysis, which could have been increased and with a longer time span.