Figure 3.
The combined graph presents trends in female board representation alongside standardised C S R and Conservative logics from 2010 to 2022. The x-axis represents Year. The left y-axis represents the percentage of board membership, while the right y-axis represents Standardised logics ranging from negative 1 to positive 1. White bars represent the female non-executive percentage and increase steadily from approximately 6 percent in 2010 to around 25 percent in 2022. Blue horizontal bars near zero represent the female executive percentage and remain minimal throughout the period. A solid line representing C S R logic, standardised, rises overall from approximately negative 0.5 to around 0.7 by 2022. A dashed line representing Conservative logic, standardised, fluctuates moderately but generally increases from around negative 0.3 to approximately 0.4. The graph demonstrates growing female non-executive representation alongside increasing C S R and Conservative logic measures.Evolution of institutional logics and female board representation, 2010–2022
Note(s): This figure illustrates the simultaneous development of institutional logics and female board representation in Dutch-listed companies over the period 2010–2022. The left y-axis shows the proportion of women in executive and nonexecutive board positions, expressed as a percentage of total board membership. The right y-axis displays standardized values for CSR and conservative logics