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Diversity and the Effective Corporate Board

Book Description

The book discusses the various aspects of diversity of corporate boards in terms of gender, age, nationality, tenure, education, experience and personalities. It enumerates the need for such diversity in each category and related concerns. Statistics from around the world support the authors’ claims. The nine chapters in this short book have not been previously published.



  • Explains the dimensions of board diversity and ways to use them to increase effectiveness.
  • Supports its findings with statistics from around the world.
  • Relevant for researchers and professionals working in corporate governance and corporate finance

Table of Contents

  1. Cover image
  2. Title page
  3. Table of Contents
  4. Copyright
  5. Dedication
  6. Introduction
  7. Chapter 1. Diversity—Toward an Effective Board
    1. 1.1 Corporate Boards
    2. 1.2 Board Diversity—A Must for Effective Board Performance
    3. 1.3 Rationale for Board Diversity
    4. 1.4 Constraints of Board Diversity
    5. 1.5 Types of Diversity
    6. References
  8. Chapter 2. Women on Boards
    1. 2.1 Men Still Dominate Boards
    2. 2.2 Why So Few Women?
    3. 2.3 Why We Need Women on Boards
    4. 2.4 Gender Diversity—On the Move
    5. 2.5 Women in the Lead
    6. 2.6 Bridging the Gap
    7. 2.7 Toward a Broader Base
    8. Notes
    9. Abbreviations
    10. References
  9. Chapter 3. Gender Diversity—India and Singapore
    1. 3.1 Gender Diversity
    2. 3.2 Participation of Women
    3. 3.3 Passive Role of Women
    4. 3.4 Women Directors Are Younger
    5. 3.5 Women Directors Yet to Go Global
    6. 3.6 Women: The Newcomers
    7. 3.7 Qualification Myth
    8. 3.8 Limited Range of Experience
    9. 3.9 Women Matter
  10. Chapter 4. As Companies Go Global, Boards Must Follow
    1. 4.1 Nationality Diversity
    2. 4.2 Level of Global Representation
    3. 4.3 Globalization Absent in India and US
    4. 4.4 Regional Bias
    5. 4.5 Forced Globalization
    6. 4.6 International Women Directors
    7. 4.7 Skill and Talent Matter to Singapore
    8. 4.8 International Directors Are Younger
    9. 4.9 Globalization of Boards: In Infancy
    10. 4.10 Globalization of Boards Given Thumbs Up
    11. References
  11. Chapter 5. Board Composition: Veteran or Novice
    1. 5.1 Diversity of Tenure on the Board
    2. 5.2 Optimum Tenure
    3. 5.3 US and India Boards Have More Veterans
    4. 5.4 Independent Directors Have a Shorter Life Span
    5. 5.5 Women—The New Entrants
    6. 5.6 Degree of Diversity
    7. 5.7 Novice and Veteran
    8. References
  12. Chapter 6. Age Diversity—Toward a Balanced Board
    1. 6.1 Why Age Diversity?
    2. 6.2 Age Diversity on Boards
    3. 6.3 Importance of Age Undermined
    4. References
  13. Chapter 7. Skill Diversity
    1. 7.1 Varied Talent
    2. 7.2 Pros and Cons
    3. 7.3 Finance Background in Demand
    4. 7.4 Need for Generalists
    5. 7.5 Industry Expert Preferred
    6. 7.6 Positive Effect on Performance
    7. References
  14. Chapter 8. Blend of Diverse Personalities
    1. 8.1 Deep-Level Diversity
    2. 8.2 Leveraging Personality Diversity
    3. References
  15. Chapter 9. Building an Effective Board
    1. 9.1 Value-Adding Boards
    2. 9.2 Diversity Views
    3. 9.3 Building the Right Board
    4. 9.4 Making Diversity Work
    5. References