Gender Equality in Corporate Governance: A Global Perspective
Abstract
The pursuit of gender equality has become a critical imperative across all sectors, with its significance in corporate governance gaining increasing global recognition. This research provides a comprehensive, global perspective on the state of gender equality within corporate leadership and boardrooms, examining both progress made and persistent disparities. It investigates the drivers behind the push for greater female representation, including the adoption of quotas, voluntary targets, evolving investor expectations, and the growing evidence linking gender diversity to enhanced organizational performance, improved decision-making, reduced risk, and stronger ethical governance.
The study explores the multifaceted benefits that accrue from balanced gender representation, such as increased innovation, better understanding of diverse customer bases, and improved corporate reputation. Simultaneously, it critically analyzes the entrenched barriers that continue to impede women's advancement to top corporate roles, including unconscious biases, cultural norms, pipeline challenges, and resistance to structural change. By comparing approaches and outcomes across different geographical regions and economic contexts, this abstract sheds light on the varying effectiveness of different policies and initiatives. Ultimately, this research underscores the strategic importance of gender equality in corporate governance for fostering more equitable, resilient, and high-performing organizations in the 21st century.