Table 4.
Parameter estimates (posterior means and standard deviations) for longitudinal model fitted pairwise to corporate boards on the Stockholm stock exchange. Structural effects, director attribute effects and the interaction of sex and peer referral for the creation of a tie.
| Effects Creation | ||||||||
|---|---|---|---|---|---|---|---|---|
| Dir. 2-star | 3-path | 4-cycle | CEO exp. | Chair exp | Seniority | Woman | Int. Wom. 4-cycle | |
| 1996–1997 | −0.599(0.202) | 0.008(0.017) | 1.002(0.073) | −0.106(0.128) | 0.359(0.183) | −0.247(0.046) | −0.270(0.240) | 0.362(0.536) |
| 1997–1998 | −1.360(0.161) | 0.048(0.014) | 0.971(0.084) | −0.136(0.139) | 0.663(0.131) | −0.219(0.048) | −0.208(0.217) | −0.698(0.801) |
| 1998–1999 | −0.796(0.288) | 0.002(0.023) | 1.354(0.090) | −0.532(0.177) | 0.226(0.178) | −0.282(0.042) | −0.344(0.230) | 0.429(0.413) |
| 1999–2000 | −0.554(0.198) | −0.063(0.019) | 1.406(0.096) | −0.341(0.145) | 0.106(0.154) | −0.347(0.045) | −0.033(0.189) | −0.111(0.639) |
| 2000–2001 | 0.236(0.271) | −0.097(0.026) | 1.527(0.096) | −0.501(0.147) | 0.343(0.161) | −0.267(0.048) | −0.252(0.222) | −0.451(0.505) |
| 2001–2002 | −0.715(0.219) | −0.011(0.019) | 1.662(0.089) | −0.359(0.148) | 0.028(0.129) | −0.219(0.044) | 0.373(0.171) | −0.721(0.709) |
| 2002–2003 | −1.698(0.382) | 0.039(0.029) | 1.163(0.110) | −0.141(0.128) | 0.143(0.207) | −0.315(0.062) | 0.866(0.119) | 0.161(0.154) |
| 2003–2004 | −2.149(0.379) | 0.066(0.029) | 1.388(0.121) | −0.490(0.149) | 0.059(0.227) | −0.302(0.050) | 0.337(0.138) | −0.872(0.254) |
| 2004–2005 | −2.854(0.452) | 0.114(0.037) | 1.580(0.133) | −0.452(0.199) | 0.139(0.179) | −0.220(0.063) | 0.081(0.171) | −1.200(0.816) |