Diverse boards have been seen as providing impetus for initiating change. However, diversity may introduce conflict and impede decision-making, which could hinder the ability of the firm to make strategic change, especially in times when firm performance is low. Integrating threat-rigidity...

In recent years, there has been a growing recognition of the significance of board gender diversity in corporate law and governance. This increased awareness can largely be attributed to the active engagement of social movements and advocacy groups, with the #MeToo movement playing a pivotal...

In recent years, increasing attention has focused on the influence of gender and racial diversity on boards of directors. Sixteen countries now require quotas to increase women's representation on boards, and many more have voluntary quotas in corporate governance codes. In the United States,...