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Research Handbook on Diversity and Corporate Governance
Challenging existing research and concepts, this Research Handbook presents cutting-edge new research on diversity and corporate governance. Going beyond the surface of diversity, global expert contributors present a diverse range of chapters offering a wide range of perspectives on the use of theories and methodologies.
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Critical Acclaim
Contributors
Contents
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Challenging existing research and concepts, this Research Handbook presents cutting-edge insights into diversity and corporate governance. Going beyond the surface of diversity, global expert contributors present diverse chapters offering a wide range of perspectives on the use of theories and methodologies.
Integrating multi-disciplinary insights and decades of research and evidence into a historical overview and multilevel framework of diversity and corporate governance, this Research Handbook provides a deep dive into gender, caste and ethnicity. Split into five thematic parts, it provides a full focus on meaning, impact and reflection to provide a much broader look at the topic and illustrates novel theoretical dimensions such as dynamic capabilities and digital expertise.
This Handbook will be an excellent resource for scholars researching topics including corporate governance, boards of directors and diversity. The breadth of perspectives offered will also be illuminating and informative for global policy makers and business leaders.
Integrating multi-disciplinary insights and decades of research and evidence into a historical overview and multilevel framework of diversity and corporate governance, this Research Handbook provides a deep dive into gender, caste and ethnicity. Split into five thematic parts, it provides a full focus on meaning, impact and reflection to provide a much broader look at the topic and illustrates novel theoretical dimensions such as dynamic capabilities and digital expertise.
This Handbook will be an excellent resource for scholars researching topics including corporate governance, boards of directors and diversity. The breadth of perspectives offered will also be illuminating and informative for global policy makers and business leaders.
Critical Acclaim
‘In this stimulating volume, Sabina Tasheva and Morten Huse have curated innovative, inclusive, intersectional, and multilevel perspectives on diversity in the corporate boardroom. The volume’s contributing authors are experts in their research areas and their chapters address real-world and contemporary issues and challenges. Taken together, this book is a call to action to deepen and extend our understanding and practice of board diversity.’
– Diana Bilimoria, Case Western Reserve University, Ohio, US
‘This definitive work edited by two international authorities on diversity in corporate governance sets out with clarity the complexities of diversity, and the importance of intersectionality in explaining continuing structural inequality in representation on company boards. Providing multi-dimensional explanations, the analysis goes beyond social capital and examines the dynamic capabilities of boards, and how diversity may contribute to these. The role of leadership and team dynamics are clearly articulated with reference to performance on contemporary boards of directors and the expert research provides a deeper and wider understanding of the nature of diversity on boards, with fresh and incisive perspectives.’
– Thomas Clarke, University of Technology, Sydney, Australia
‘This is a timely and interesting book for several reasons. First, board diversity is a growing and important phenomenon, but despite a growing bulk of research, there is still a lot to learn about its drivers and consequences. Second, the editors and the authors are passionate governance scholars who have published several studies on board diversity. For these reasons, I consider this book a useful resource for all scholars that want to better investigate and understand such a complex and relevant topic.’
– Alessandro Zattoni, LUISS Guido Carli University, Italy
– Diana Bilimoria, Case Western Reserve University, Ohio, US
‘This definitive work edited by two international authorities on diversity in corporate governance sets out with clarity the complexities of diversity, and the importance of intersectionality in explaining continuing structural inequality in representation on company boards. Providing multi-dimensional explanations, the analysis goes beyond social capital and examines the dynamic capabilities of boards, and how diversity may contribute to these. The role of leadership and team dynamics are clearly articulated with reference to performance on contemporary boards of directors and the expert research provides a deeper and wider understanding of the nature of diversity on boards, with fresh and incisive perspectives.’
– Thomas Clarke, University of Technology, Sydney, Australia
‘This is a timely and interesting book for several reasons. First, board diversity is a growing and important phenomenon, but despite a growing bulk of research, there is still a lot to learn about its drivers and consequences. Second, the editors and the authors are passionate governance scholars who have published several studies on board diversity. For these reasons, I consider this book a useful resource for all scholars that want to better investigate and understand such a complex and relevant topic.’
– Alessandro Zattoni, LUISS Guido Carli University, Italy
Contributors
Contributors: Carl Åberg, Abdullah Al Mamun, Audur Arna Arnardottir, Sarosh Asad, Andrea D. Bührmann, Vartika Chandra Saman, Sara De Masi, Cihat Erbil, Hilde Fjellvær, Patricia Gabaldón, Jeremy Galbreath, Dimitrios Georgakakis, Katrin Hansen, Mariano L.M. Heyden, Morten Huse, Hildur Magnúsdóttir, Esha Mendiratta, Caitlin Harm Nam, Ana Naulu, Jana Oehmichen, Mustafa F. Özbilgin, Michael Seamer, Cathrine Seierstad, Throstur Olaf Sigurdjonsson, Baljeet Singh, Agnieszka Slomka-Golebiowska, Sabina Tasheva, Hans van Ees, Alana Vandebeek, Michelle Weck
Contents
Contents:
Preface xvi
1 Introduction to Research Handbook on Diversity and
Corporate Governance 1
Sabina Tasheva and Morten Huse
PART I BOARD DIVERSITY AND CORPORATE
GOVERNANCE: PAST, PRESENT AND FUTURE
2 Diversity on corporate boards as a multi-dimensional and
multi-level phenomenon: from duality to unity of theoretical
and practical perspectives 8
Sabina Tasheva
PART II DIVERSITY AND CORPORATE GOVERNANCE:
BEYOND HUMAN CAPITAL, SOCIAL CAPITAL
AND DEMOGRAPHIC CHARACTERISTICS
3 Gender quotas on boards 20 years on: a useful tool for
increased wider diversity? Achievements, “broken promises”
and blindspots in the Norwegian board diversity debate 17
Cathrine Seierstad, Carl Åberg and Hilde Fjellvær
4 LGBT+ in the boardroom: a rainbow agenda for change 28
Mustafa Özbilgin and Cihat Erbil
5 Board diversity: the impact of dynamic capabilities, absorptive
capacity and ambidexterity 45
Carl Åberg, Hilde Fjellvær and Cathrine Seierstad
6 Board of director international experience and CSR
engagement in Asian emerging economies 62
Abdullah Al Mamun, Michael Seamer, Jeremy Galbreath and
Mariano L.M. Heyden
7 Directors’ digital expertise and board diversity: empirical
evidence from Dutch boards 81
Jana Oehmichen, Michelle Weck and Hans van Ees
8 Do nomination committees encourage corporate board diversity? 95
Hildur Magnúsdóttir, Throstur Olaf Sigurdjonsson, Audur Arna
Arnardottir and Patricia Gabaldón
PART III ADVANCES IN INTERSECTIONALITY
9 Diversity on corporate boards and shareholder activism: an
intersectionality approach 112
Sarosh Asad and Dimitrios Georgakakis
10 Competing inequalities, inclusion and intersectionality: the
role of gender, culture and marginal groups for leadership positions 123
Vartika Chandra Saman
11 Diversity and leadership in the South Pacific: intersectionality
at play on Fijian boards of directors 134
Caitlin Harm Nam, Ana Naulu, Baljeet Singh and Sabina Tasheva
PART IV HOW DO WE UTILIZE THE BENEFITS OF
DIVERSITY? RESEARCH ON BOARD DIVERSITY,
PROCESSES AND DECISION-MAKING
12 Group faultlines in boards of directors: current trends and
future directions 145
Alana Vandebeek
13 Faultlines: understanding how board composition may
influence team dynamics and subgroup formation in corporate boards 160
Esha Mendiratta
14 Diversity, board dynamics and board tasks: an introduction to
the theory of proportions 177
Sara De Masi and Agnieszka Slomka-Golebiowska
PART V CONSEQUENCES FOR RESEARCH AND PRACTICE
15 Different contexts matter on different levels: plea for a deeper
understanding of (responding to) (board) diversity 189
Andrea D. Bührmann and Katrin Hansen
16 Diversity and corporate governance: how can groundbreaking
research be developed? 204
Morten Huse
Index
Preface xvi
1 Introduction to Research Handbook on Diversity and
Corporate Governance 1
Sabina Tasheva and Morten Huse
PART I BOARD DIVERSITY AND CORPORATE
GOVERNANCE: PAST, PRESENT AND FUTURE
2 Diversity on corporate boards as a multi-dimensional and
multi-level phenomenon: from duality to unity of theoretical
and practical perspectives 8
Sabina Tasheva
PART II DIVERSITY AND CORPORATE GOVERNANCE:
BEYOND HUMAN CAPITAL, SOCIAL CAPITAL
AND DEMOGRAPHIC CHARACTERISTICS
3 Gender quotas on boards 20 years on: a useful tool for
increased wider diversity? Achievements, “broken promises”
and blindspots in the Norwegian board diversity debate 17
Cathrine Seierstad, Carl Åberg and Hilde Fjellvær
4 LGBT+ in the boardroom: a rainbow agenda for change 28
Mustafa Özbilgin and Cihat Erbil
5 Board diversity: the impact of dynamic capabilities, absorptive
capacity and ambidexterity 45
Carl Åberg, Hilde Fjellvær and Cathrine Seierstad
6 Board of director international experience and CSR
engagement in Asian emerging economies 62
Abdullah Al Mamun, Michael Seamer, Jeremy Galbreath and
Mariano L.M. Heyden
7 Directors’ digital expertise and board diversity: empirical
evidence from Dutch boards 81
Jana Oehmichen, Michelle Weck and Hans van Ees
8 Do nomination committees encourage corporate board diversity? 95
Hildur Magnúsdóttir, Throstur Olaf Sigurdjonsson, Audur Arna
Arnardottir and Patricia Gabaldón
PART III ADVANCES IN INTERSECTIONALITY
9 Diversity on corporate boards and shareholder activism: an
intersectionality approach 112
Sarosh Asad and Dimitrios Georgakakis
10 Competing inequalities, inclusion and intersectionality: the
role of gender, culture and marginal groups for leadership positions 123
Vartika Chandra Saman
11 Diversity and leadership in the South Pacific: intersectionality
at play on Fijian boards of directors 134
Caitlin Harm Nam, Ana Naulu, Baljeet Singh and Sabina Tasheva
PART IV HOW DO WE UTILIZE THE BENEFITS OF
DIVERSITY? RESEARCH ON BOARD DIVERSITY,
PROCESSES AND DECISION-MAKING
12 Group faultlines in boards of directors: current trends and
future directions 145
Alana Vandebeek
13 Faultlines: understanding how board composition may
influence team dynamics and subgroup formation in corporate boards 160
Esha Mendiratta
14 Diversity, board dynamics and board tasks: an introduction to
the theory of proportions 177
Sara De Masi and Agnieszka Slomka-Golebiowska
PART V CONSEQUENCES FOR RESEARCH AND PRACTICE
15 Different contexts matter on different levels: plea for a deeper
understanding of (responding to) (board) diversity 189
Andrea D. Bührmann and Katrin Hansen
16 Diversity and corporate governance: how can groundbreaking
research be developed? 204
Morten Huse
Index
