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This Article describes the results from fifty-seven interviews with corporate directors and a limited number of other persons (including institutional investors, search firm personnel, and the like) regarding their views on corporate board diversity. It highlights numerous tensions in these...
Persistent link: https://www.econbiz.de/10013063819
The corporate governance debate has, in the last two decades, reached a stronghold in Europe. Perhaps the most valuable aspect of a company's governance is the constitution of its boardroom. Non-executive directors, in their independent and impartial, supposedly external nature, serve to keep...
Persistent link: https://www.econbiz.de/10013075071
It is trite law that a director is a fiduciary to his or her company and must act in the interests of the company. However, identifying the “interests of the company” is not so straightforward. Different theories of the nature of the company and different stakeholders interested in the...
Persistent link: https://www.econbiz.de/10012924548
Directors wield increasing influence in corporate America, making pivotal decisions regarding corporate affairs and management. A robust literature recognizes directors' important role and examines their incentives and performance. In particular, scholars have worried that “busy...
Persistent link: https://www.econbiz.de/10012848171
This symposium essay summarizes our ongoing ethnographic research on corporate board diversity, discussing the central tension in our respondents’ views – their overwhelmingly enthusiastic support of board diversity coupled with an inability to articulate coherent accounts of board diversity...
Persistent link: https://www.econbiz.de/10014147842
This study investigates boards of (non-executive) directors and whether employee representation has a positive effect on gender diversity on boards. We exploit rich, newly assembled board–director matched panel data for Norway and Germany, which contain unique information on whether a director...
Persistent link: https://www.econbiz.de/10013445521
The urge of flawless and efficient board to create corporate excellence through corporate governance, policies and provisions countries across the world are moving towards diverse boards, especially gender diverse boards. Recognizing the limitations of traditional board composition this study...
Persistent link: https://www.econbiz.de/10012953140
Worldwide there is a growing interest in increasing the number of women on boards. While quotas have been proposed in many countries as a way to address this problem, several countries, including, Germany have rejected this approach. Nevertheless, it is apparent that change is needed as women...
Persistent link: https://www.econbiz.de/10013033503
This article presents some of the feedback garnered as part of the authors' research project into the Independence and the Governance of Superannuation Funds in the context of the Australian Prudential and Regulation Authority's (APRA) recent findings from its thematic review of superannuation...
Persistent link: https://www.econbiz.de/10012894676
This case study of the Enron directors' role in the scandal aims to serve as a story that allows students to see how honest, smart individuals can succumb to cognitive biases prevailing in corporate cultures. More importantly, perhaps students and lawyers will use this case study as a parable to...
Persistent link: https://www.econbiz.de/10013128149