GENDER DIVERSITY ON CORPORATE BOARDS: A ROAD TO SUSTAINABILITY


Balsari Ç. (Yürütücü), Sigali S., Duman S., Kılıçaslan Gökoğlu S.

Erasmus Projesi, 2022 - 2024

  • Proje Türü: Erasmus Projesi
  • Başlama Tarihi: Şubat 2022
  • Bitiş Tarihi: Şubat 2024

Proje Özeti

According to the empirical evidence, increasing the benefits of gender diversity on boards for company value and sustainability, is a function of raising women’s voice on corporate boards. Thus, the issue of increasing the benefits of board representation of women must go beyond numbers and quotas.

The mandatory and voluntary regulatory actions use external corporate governance mechanisms as regulation. However, if gender diversity issues are solely promoted by external mechanisms, the benefits would be limited. There has not been a thorough study that examines the internal corporate governance mechanisms that promote gender diversity on boards.

Gender diversity in corporate decision making would lead to a development in economic and social welfare. In this project, internal corporate governance mechanisms and best practices, common to different cultures within Europe that promote gender diversity will be identified and promoted through adult education modules. Thus, the main aim of the project is to identify the internal corporate governance mechanisms that support “gender diversity and women voice” on corporate boards for different cultures and find the commonalities to promote them across countries. Since the project partners have diversified cultural and regulatory profiles, the company policies and best practices will have more generalizability globally. Thus, contributing to the global corporate governance principles is expected.

The objectives can be summarized as follows:

1) To identify the best practices of internal corporate governance mechanisms that support “gender diversity and women voice” on corporate boards across European countries.

2) To develop digital adult education modules and an e-book targeting current and potential corporate board members.

3) To promote “gender diversity and women voice” on a publicly available, open access digital interactive platform targeting all corporate stakeholders.

4) To contribute to the European governmental institutions on regulatory actions related to mandatory and voluntary regulations on gender diversity.

5) To assist European corporate businesses by showing a roadmap to sustainable development goals.

6) To contribute to the social development of European society by promoting gender diversity on top management of the companies.