Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?

Women are underrepresented on corporate boards but are quotas the answer? Not according to the author. Annemarie Durbin cites evidence that using quotas to increase female representation can lead to tokenism, diminish the overall value of diversity...

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Main Author:	Durbin, Annemarie
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ADVICE TO WOMEN ADVOCACY BOARD MEMBERS BOARD MEMBERSHIP CEOS CHEMISTRY CHIEF EXECUTIVE CHIEF FINANCIAL OFFICER COMPANY CORPORATE BOARD CORPORATE BOARDS CORPORATE FINANCE CORPORATE GOVERNANCE REFORM CORPORATE PERFORMANCE CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COURT CUSTOMER BASE ECONOMIC CLIMATE ECONOMICS EMPLOYEE FEMALE FEMALE ENTREPRENEURS FEMALES FINANCES FINANCIAL PERFORMANCE FINANCIAL PRODUCTS FINANCIAL SERVICES GENDER GENDER DIFFERENCES GENDER GAP GLOBAL CORPORATE GOVERNANCE GROUP OF WOMEN INDEPENDENT DIRECTORS INDIVIDUALS INTERNATIONAL BUSINESS INTERNATIONAL FINANCE LAWS LEADERSHIP PROGRAM LIMITED LOAN LTD. MANAGERS NONPROFIT ORGANIZATION PRIVATE SECTOR RISK MANAGEMENT SHAREHOLDER SHAREHOLDER VALUE SHAREHOLDERS SHARIAH SOCIAL RESPONSIBILITY SPONSORSHIP STAKEHOLDERS STOCK EXCHANGE SUBSIDIARY WILL WOMAN WOMEN ENTREPRENEURS WOMEN IN BUSINESS
Online Access:	http://documents.worldbank.org/curated/en/2011/01/15107204/optimizing-board-effectiveness-gender-diversity-quotas-answer http://hdl.handle.net/10986/11069

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spelling	okr-10986-110692021-04-23T14:02:53Z Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer? Durbin, Annemarie ADVICE TO WOMEN ADVOCACY BOARD MEMBERS BOARD MEMBERSHIP CEOS CHEMISTRY CHIEF EXECUTIVE CHIEF FINANCIAL OFFICER COMPANY CORPORATE BOARD CORPORATE BOARDS CORPORATE FINANCE CORPORATE GOVERNANCE REFORM CORPORATE PERFORMANCE CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COURT CUSTOMER BASE ECONOMIC CLIMATE ECONOMICS EMPLOYEE FEMALE FEMALE ENTREPRENEURS FEMALES FINANCES FINANCIAL PERFORMANCE FINANCIAL PRODUCTS FINANCIAL SERVICES GENDER GENDER DIFFERENCES GENDER GAP GLOBAL CORPORATE GOVERNANCE GROUP OF WOMEN INDEPENDENT DIRECTORS INDIVIDUALS INTERNATIONAL BUSINESS INTERNATIONAL FINANCE LAWS LEADERSHIP PROGRAM LIMITED LOAN LTD. MANAGERS NONPROFIT ORGANIZATION PRIVATE SECTOR RISK MANAGEMENT SHAREHOLDER SHAREHOLDER VALUE SHAREHOLDERS SHARIAH SOCIAL RESPONSIBILITY SPONSORSHIP STAKEHOLDERS STOCK EXCHANGE SUBSIDIARY WILL WOMAN WOMEN ENTREPRENEURS WOMEN IN BUSINESS Women are underrepresented on corporate boards but are quotas the answer? Not according to the author. Annemarie Durbin cites evidence that using quotas to increase female representation can lead to tokenism, diminish the overall value of diversity on boards, affect board dynamics, and potentially lead to diluted commitments from existing female board directors. She recommends that, instead of quotas, companies should take a holistic approach toward improving board nominating criteria and processes, developing female middle and senior management talent, and ensuring positive dynamics among diverse board members. 2012-08-13T14:03:06Z 2012-08-13T14:03:06Z 2011-01 http://documents.worldbank.org/curated/en/2011/01/15107204/optimizing-board-effectiveness-gender-diversity-quotas-answer http://hdl.handle.net/10986/11069 English Private Sector Opinion; No. 21 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ADVICE TO WOMEN ADVOCACY BOARD MEMBERS BOARD MEMBERSHIP CEOS CHEMISTRY CHIEF EXECUTIVE CHIEF FINANCIAL OFFICER COMPANY CORPORATE BOARD CORPORATE BOARDS CORPORATE FINANCE CORPORATE GOVERNANCE REFORM CORPORATE PERFORMANCE CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COURT CUSTOMER BASE ECONOMIC CLIMATE ECONOMICS EMPLOYEE FEMALE FEMALE ENTREPRENEURS FEMALES FINANCES FINANCIAL PERFORMANCE FINANCIAL PRODUCTS FINANCIAL SERVICES GENDER GENDER DIFFERENCES GENDER GAP GLOBAL CORPORATE GOVERNANCE GROUP OF WOMEN INDEPENDENT DIRECTORS INDIVIDUALS INTERNATIONAL BUSINESS INTERNATIONAL FINANCE LAWS LEADERSHIP PROGRAM LIMITED LOAN LTD. MANAGERS NONPROFIT ORGANIZATION PRIVATE SECTOR RISK MANAGEMENT SHAREHOLDER SHAREHOLDER VALUE SHAREHOLDERS SHARIAH SOCIAL RESPONSIBILITY SPONSORSHIP STAKEHOLDERS STOCK EXCHANGE SUBSIDIARY WILL WOMAN WOMEN ENTREPRENEURS WOMEN IN BUSINESS
spellingShingle	ADVICE TO WOMEN ADVOCACY BOARD MEMBERS BOARD MEMBERSHIP CEOS CHEMISTRY CHIEF EXECUTIVE CHIEF FINANCIAL OFFICER COMPANY CORPORATE BOARD CORPORATE BOARDS CORPORATE FINANCE CORPORATE GOVERNANCE REFORM CORPORATE PERFORMANCE CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COURT CUSTOMER BASE ECONOMIC CLIMATE ECONOMICS EMPLOYEE FEMALE FEMALE ENTREPRENEURS FEMALES FINANCES FINANCIAL PERFORMANCE FINANCIAL PRODUCTS FINANCIAL SERVICES GENDER GENDER DIFFERENCES GENDER GAP GLOBAL CORPORATE GOVERNANCE GROUP OF WOMEN INDEPENDENT DIRECTORS INDIVIDUALS INTERNATIONAL BUSINESS INTERNATIONAL FINANCE LAWS LEADERSHIP PROGRAM LIMITED LOAN LTD. MANAGERS NONPROFIT ORGANIZATION PRIVATE SECTOR RISK MANAGEMENT SHAREHOLDER SHAREHOLDER VALUE SHAREHOLDERS SHARIAH SOCIAL RESPONSIBILITY SPONSORSHIP STAKEHOLDERS STOCK EXCHANGE SUBSIDIARY WILL WOMAN WOMEN ENTREPRENEURS WOMEN IN BUSINESS Durbin, Annemarie Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?
relation	Private Sector Opinion; No. 21
description	Women are underrepresented on corporate boards but are quotas the answer? Not according to the author. Annemarie Durbin cites evidence that using quotas to increase female representation can lead to tokenism, diminish the overall value of diversity on boards, affect board dynamics, and potentially lead to diluted commitments from existing female board directors. She recommends that, instead of quotas, companies should take a holistic approach toward improving board nominating criteria and processes, developing female middle and senior management talent, and ensuring positive dynamics among diverse board members.
format	Publications & Research :: Brief
author	Durbin, Annemarie
author_facet	Durbin, Annemarie
author_sort	Durbin, Annemarie
title	Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?
title_short	Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?
title_full	Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?
title_fullStr	Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?
title_full_unstemmed	Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?
title_sort	optimizing board effectiveness with gender diversity : are quotas the answer?
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2011/01/15107204/optimizing-board-effectiveness-gender-diversity-quotas-answer http://hdl.handle.net/10986/11069
_version_	1764415407851044864

Optimizing Board Effectiveness with Gender Diversity : Are Quotas the Answer?

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