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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Challenging Boardroom Homogeneity: Corporate Law, Governance, and Diversity

ISBN13: 9781107014879
Published: May 2015
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £64.99
Paperback edition , ISBN13 9781316612828

Despatched in 6 to 8 days.

Drawing on semi-structured interviews with corporate board directors in Norway and documentary content analysis of corporate securities filings in the United States, Challenging Boardroom Homogeneity empirically investigates two distinct regulatory models designed to address diversity in the boardroom: quotas and disclosure.

The author's study of the Norwegian quota model demonstrates the important role diversity can play in enhancing the quality of corporate governance, while also revealing the challenges diversity mandates pose. His analysis of the US regime shows how a disclosure model has led corporations to establish a vocabulary of 'diversity'. At the same time, the analysis highlights the downsides of affording firms too much discretion in defining that concept.

This book deepens ongoing policy conversations and offers new insights into the role law can play in reshaping the gendered dynamics of corporate governance cultures.

Company Law
1. Introduction: homogenous corporate governance cultures
2. Laying a foundation: why the board, why the statistics, and why diversification?
3. Enter legal regulation: quota and disclosure-based approaches
4. Norway's socio-legal journey: a qualitative study
5. Lessons from Norway: successes and limitations of the quota model
6. Proxy disclosures under the US rule: a qualitative-quantitative content analysis
7. Contextualizing the content analysis results: norms, expressive law, and reform possibilities
8. Conclusions: ongoing inquiry into quotas and disclosure regimes as regulatory models.