Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?

Women are underrepresented on corporate boards but are quotas the answer? Not according to the author. Annemarie Durbin cites evidence that using quotas to increase female representation can lead to tokenism, diminish the overall value of diversity on boards, affect board dynamics, and potentially lead to diluted commitments from existing female board directors. She recommends that, instead of quotas, companies should take a holistic approach toward improving board nominating criteria and processes, developing female middle and senior management talent, and ensuring positive dynamics among diverse board members.

Bibliographic Details

Main Author:	Durbin, Annemarie
Format:	Brief biblioteca
Language:	English
Published:	World Bank, Washington, DC 2011-01
Subjects:	ADVICE TO WOMEN, ADVOCACY, BOARD MEMBERS, BOARD MEMBERSHIP, CEOS, CHEMISTRY, CHIEF EXECUTIVE, CHIEF FINANCIAL OFFICER, COMPANY, CORPORATE BOARD, CORPORATE BOARDS, CORPORATE FINANCE, CORPORATE GOVERNANCE REFORM, CORPORATE PERFORMANCE, CORPORATE SOCIAL RESPONSIBILITY, CORPORATION, CORPORATIONS, COURT, CUSTOMER BASE, ECONOMIC CLIMATE, ECONOMICS, EMPLOYEE, FEMALE, FEMALE ENTREPRENEURS, FEMALES, FINANCES, FINANCIAL PERFORMANCE, FINANCIAL PRODUCTS, FINANCIAL SERVICES, GENDER, GENDER DIFFERENCES, GENDER GAP, GLOBAL CORPORATE GOVERNANCE, GROUP OF WOMEN, INDEPENDENT DIRECTORS, INDIVIDUALS, INTERNATIONAL BUSINESS, INTERNATIONAL FINANCE, LAWS, LEADERSHIP PROGRAM, LIMITED, LOAN, LTD., MANAGERS, NONPROFIT ORGANIZATION, PRIVATE SECTOR, RISK MANAGEMENT, SHAREHOLDER, SHAREHOLDER VALUE, SHAREHOLDERS, SHARIAH, SOCIAL RESPONSIBILITY, SPONSORSHIP, STAKEHOLDERS, STOCK EXCHANGE, SUBSIDIARY, WILL, WOMAN, WOMEN ENTREPRENEURS, WOMEN IN BUSINESS,
Online Access:	http://documents.worldbank.org/curated/en/2011/01/15107204/optimizing-board-effectiveness-gender-diversity-quotas-answer http://hdl.handle.net/10986/11069
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