Akademik Veri Yönetim Sistemi
Gender Diversity on Corporate Boards: Road to Sustainability, Cagnur Balsari,Tineke Jacobs, Editör, Lulu Publishing Inc., North Carolina, ss.62-72, 2024
The aim of this chapter is to identify the corporate governance mechanisms and best practices that
support <gender diversity and women9s voice= on corporate boards for different cultures and find the
commonalities to promote them across countries. The common suggestions from the board members
of Spain, Türkiye, Belgium, and Lithuania are explained and discussed in this chapter, from the
perspective of the agency theory.
The relationship between gender diversity on corporate boards and sound corporate governance is
well discussed, and accepted by regulators, policy makers, and researchers within the context of
agency and stakeholder theories. Empirical literature provides evidence that increasing the number of
women on boards, whether mandated or voluntary, should be accompanied with increasing their
involvement in decision making. Enhancing the benefits of women9s presence on board for company
value depends on factors such as women9s voice, independence, and shareholder engagement.
Therefore, increasing the significance of women9s representation on boards must extend beyond
numbers and quotas, evolving towards amplifying the voices of women in decision-making processes.
Accordingly, in countries with mandatory requirements for gender diversity on corporate boards, the
gender diversity debate is currently centered on the development of the best practices to increase
women9s involvement in decision-making processes.
Thus, this chapter aims to identify the corporate governance mechanisms that support <gender
diversity and women9s voice= on corporate boards across different cultures, and to explore
commonalities to promote them globally.
To achieve this goal, the chapter first outlines the theoretical background and the research questions,
followed by the presentation and discussion of the findings