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Board Effectiveness, Gender Diversit...

Hammond, Rachel M.

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Board Effectiveness, Gender Diversity and Financial Vulnerability in the CCCU.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Board Effectiveness, Gender Diversity and Financial Vulnerability in the CCCU./
Author:	Hammond, Rachel M.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
Description:	158 p.
Notes:	Source: Dissertations Abstracts International, Volume: 80-08, Section: A.
Contained By:	Dissertations Abstracts International80-08A.
Subject:	Higher Education Administration. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=13835844
ISBN:	9780438829770

Board Effectiveness, Gender Diversity and Financial Vulnerability in the CCCU.
Hammond, Rachel M.

Board Effectiveness, Gender Diversity and Financial Vulnerability in the CCCU. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 158 p.

Source: Dissertations Abstracts International, Volume: 80-08, Section: A.

Thesis (D.B.A.)--Anderson University, 2018.

This item must not be added to any third party search indexes.

The goal of this study was to test research hypotheses to understand the relationships between board performance, financial performance, and board gender diversity within the context of the Council of Christian Colleges and Universities (CCCU) member and affiliate institutional boardrooms, using a model adapted from prior research and built on the theoretical frameworks of resource dependence theory, critical mass theory, and the construct of financial vulnerability. The cross-sectional study collected primary data by administering the Board Self-Assessment Questionnaire (BSAQ) to board chairs or current trustees at member and affiliate institutions in the CCCU. A composite BSAQ score, comprised of items from six sub-dimensions of effective board performance, was compiled for the 43 institutions in the study sample. Secondary data was also collected from public filings and institutional documentation to calculate the Financial Vulnerability Index (FVI), proportional levels of gender board diversity, and to collect control variable data. Regression analysis was utilized to determine whether a relationship existed between board effectiveness and financial vulnerability. In addition, the proportional level of board gender diversity was examined in terms of its ability to moderate the relationship between board effectiveness and financial vulnerability. The study showed no relationship between the two composite variables constructed from the BSAQ and the FVI. Endowment size, as a control variable, was found to be the largest contributor to long term financial sustainability. This suggests the potential need to fine tune the role of CCCU trustees to support the development of endowments in addition to their focus on shaping and maintaining their institutional Christ-centered mission statements. Secondarily, the levels of board gender diversity explained only an additional 3% of the variance in the FVI. These results, coupled with an average board gender diversity ratio of 0.18, indicated that on average, CCCU member and affiliate institutional boards in the sample did not meet the requirements for a tilted group, identified by Kanter (1977b) as a ratio of 65:35. This supports the lack of influence on board performance in this study.

ISBN: 9780438829770Subjects--Topical Terms:

3432472
Higher Education Administration.
Subjects--Index Terms:

Boards of Directors

Board Effectiveness, Gender Diversity and Financial Vulnerability in the CCCU.
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300 $a 158 p.
500 $a Source: Dissertations Abstracts International, Volume: 80-08, Section: A.
500 $a Publisher info.: Dissertation/Thesis.
500 $a Advisor: Collette, Michael.
502 $a Thesis (D.B.A.)--Anderson University, 2018.
506 $a This item must not be added to any third party search indexes.
506 $a This item must not be sold to any third party vendors.
520 $a The goal of this study was to test research hypotheses to understand the relationships between board performance, financial performance, and board gender diversity within the context of the Council of Christian Colleges and Universities (CCCU) member and affiliate institutional boardrooms, using a model adapted from prior research and built on the theoretical frameworks of resource dependence theory, critical mass theory, and the construct of financial vulnerability. The cross-sectional study collected primary data by administering the Board Self-Assessment Questionnaire (BSAQ) to board chairs or current trustees at member and affiliate institutions in the CCCU. A composite BSAQ score, comprised of items from six sub-dimensions of effective board performance, was compiled for the 43 institutions in the study sample. Secondary data was also collected from public filings and institutional documentation to calculate the Financial Vulnerability Index (FVI), proportional levels of gender board diversity, and to collect control variable data. Regression analysis was utilized to determine whether a relationship existed between board effectiveness and financial vulnerability. In addition, the proportional level of board gender diversity was examined in terms of its ability to moderate the relationship between board effectiveness and financial vulnerability. The study showed no relationship between the two composite variables constructed from the BSAQ and the FVI. Endowment size, as a control variable, was found to be the largest contributor to long term financial sustainability. This suggests the potential need to fine tune the role of CCCU trustees to support the development of endowments in addition to their focus on shaping and maintaining their institutional Christ-centered mission statements. Secondarily, the levels of board gender diversity explained only an additional 3% of the variance in the FVI. These results, coupled with an average board gender diversity ratio of 0.18, indicated that on average, CCCU member and affiliate institutional boards in the sample did not meet the requirements for a tilted group, identified by Kanter (1977b) as a ratio of 65:35. This supports the lack of influence on board performance in this study.
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