Gender Policies on the Board of Directors and Firms Financial Performance

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Encyclopedia of Business and Professional Ethics

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Gender diversity; Leadership; Women directors

Introduction

Gender equality in all fields, and, of course, in Economics, is a primary aim at the international level. In this sense, the fifth goal of the United Nations’ 2030 Agenda establishes that it is a fundamental human right and whose implementation is essential in pursuit of a peaceful, prosperous, and sustainable world.

In developed countries, it remains a real, but no legal, gender gap. The different traditional roles attributed to men and women are still deeply rooted in their cultures. The gender gap is even more severe in managerial positions than in staff workers, where men use to hold an overwhelming majority. Intending to promote gender equality in the decision-making processes, the European Commission recommended that member states developed governance initiatives and legal rules to increase the percentage of women on board of directors. The issue is that not all countries have enacted laws to establish gender...

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Correspondence to María del Carmen Valls Martínez .

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Valls Martínez, M.d.C., Martín Cervantes, P.A., Ramírez Orellana, A. (2023). Gender Policies on the Board of Directors and Firms Financial Performance. In: Poff, D.C., Michalos, A.C. (eds) Encyclopedia of Business and Professional Ethics. Springer, Cham. https://doi.org/10.1007/978-3-030-22767-8_1243

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