Corporate Governance W Spódnicy – Parytety Również Na Parkiecie? (Corporate Governance in Skirts – Gender Quotas in the Boardrooms of Listed Companies?)
Przegląd Corporate Governance, No. 3/2010, at p. 15-21
7 Pages Posted: 22 Dec 2017
Date Written: October 28, 2010
Polish Abstract: Przedmiotem artykułu są parytety płciowe w regulacjach corporate governance w ujęciu prawnoporównawczym, konstytucyjnoprawnym i ekonomicznym. Artykuł szkicuje teoretyczne (organizacyjne, ekonomiczne i prawne) uwarunkowania udziału kobiet we władzach spółek handlowych, a także dostarcza syntezy materiałów empirycznych na temat roli kobiet w kierowaniu i nadzorze korporacyjnym.
English Abstract: On a global scale more and more women are taking up professional activity. In some countries, they make up more than half of the working population. Statistics also show that in a number of regions more women than men have secondary and higher education. Despite these indicators, senior management positions are predominantly the domain of men. The higher the hierarchical structure, the smaller the participation of female representatives, which is particularly visible in managerial positions in enterprises, including commercial companies. The composition of the statutory bodies of companies is an important criterion for corporate governance. This article outlines the theoretical (organisational, economic and legal) determinants of women’s participation in corporate boards governing bodies, and also provides a synthesis of empirical materials about the role of women in the management and supervision of companies.
Studies confirm that the presence of women in supervisory boards increases the efficiency of enterprises. For this reason, some countries decided to impose gender parity in corporate structures through legislative intervention. However, such a practice may be considered controversial, as, although it is guided by the goal of promotion of equality, it comes to clashes with the principle of meritocracy.
Proponents of legislative intervention emphasise that in view of the low impact of non-binding recommendations and the lack of response to conclusions from economic research on the effectiveness of enterprises, legal regulation may be a necessary means to achieve the desired effects. On the other hand, persuasion, promotion and dissemination of research results on the relationship between the diversification of the composition of supervisory boards and corporate performance are in the long term better tools than the top-down administrative intervention.
Note: Downloadable document is available in Polish.
Keywords: gender quota, gender parity, corporate governance, supervisory board, board diversity
Suggested Citation: Suggested Citation