Since the financial crisis 2008/09, gender diversity has been developed as one of the key board composition variables. From a research, regulatory and practical perspective, women on board of directors (WOBD) should contribute to a sustainable strategic management with regard to the increased...

The literature on gender diversity in boards of directors has expanded significantly in recent years, due to the fact that women are increasingly holding higher management positions within the company hierarchy, clearly demonstrating that certain characteristics of women have a positive impact...

Diversity is essential for transformation and development. Many theories like the agency theory and stakeholder theory revolve around the idea that gender diversity among the board of directors adds value to organizations. Numerous studies have shown that there are practical obstacles for female...