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

Deakin University, Geelong, Australia - Deakin Law School

Katherine Watson

University of Newcastle (Australia) - Newcastle Law School

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)

Deakin University, Geelong, Australia - Deakin Law School ( email )

221 Burwood Highway
Burwood
Burwood, Victoria 3125, Victoria 3125
Australia

Katherine Watson

University of Newcastle (Australia) - Newcastle Law School ( email )

Hunter & Auckland St
Newcastle, 2300
Australia

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