An Agency Theoretical Approach to Corporate Board Diversity

68 Pages Posted: 14 Aug 2014 Last revised: 28 Oct 2015

See all articles by Sandeep Gopalan

Sandeep Gopalan

University of Maryland Eastern Shore - School of Business and Technology

Katherine Watson

Australian National Univeristy

Date Written: August 12, 2014

Abstract

The available evidence indicates that the existing legal regimes for increasing gender diversity on corporate boards in the United States and Australia are ill-suited to their objectives and are unlikely to yield a significant upward change within a reasonable time-frame. Therefore, we posit a normative model for increasing women’s representation on corporate boards based upon a comparative study of several jurisdictions. The model is tightly restricted to the goals of corporate governance and unpacks distinctions between the traditional justifications advanced in the literature.

Keywords: corporate governance, board diversity, women's representation

Suggested Citation

Gopalan, Sandeep and Watson, Katherine, An Agency Theoretical Approach to Corporate Board Diversity (August 12, 2014). San Diego Law Review, Vol. 52, No. 1, 2015, Deakin Law School Research Paper No. 15-08, Available at SSRN: https://ssrn.com/abstract=2479645 or http://dx.doi.org/10.2139/ssrn.2479645

Sandeep Gopalan (Contact Author)

University of Maryland Eastern Shore - School of Business and Technology ( email )

2105 Kiah Hall
Princess Anne, MD 21853
United States

Katherine Watson

Australian National Univeristy ( email )

Canberra, Australian Capital Territory 2601
Australia

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