Challenging Boardroom Homogeneity: Corporate Law, Governance, and Diversity

Author:   Aaron A. Dhir (Osgoode Hall Law School, York University, Toronto)
Publisher:   Cambridge University Press
ISBN:  

9781107014879


Pages:   330
Publication Date:   30 April 2015
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Challenging Boardroom Homogeneity: Corporate Law, Governance, and Diversity


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Author:   Aaron A. Dhir (Osgoode Hall Law School, York University, Toronto)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press
Dimensions:   Width: 15.20cm , Height: 1.90cm , Length: 22.90cm
Weight:   0.610kg
ISBN:  

9781107014879


ISBN 10:   1107014875
Pages:   330
Publication Date:   30 April 2015
Audience:   Professional and scholarly ,  Professional and scholarly ,  Professional & Vocational ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1. Introduction: homogeneous 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 of boardroom diversity quotas; 5. Lessons from Norway: successes and limitations of the quota model; 6. Proxy disclosures under the US rule: a mixed-methods 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.

Reviews

Advance praise: 'This is a crucial book on a crucial subject. Dhir brings new insights to bear on critical questions involving diversity on boards in the United States and Europe. His cutting edge research reminds us why we care about issues of inclusion and revises our understandings about how to achieve it.' Deborah L. Rhode, Director, Center on the Legal Profession, and E. W. McFarland Professor of Law, Stanford University Advance praise: 'How many women and men sit on corporate boards and why does it matter? Aaron Dhir's ambitious book analyzes the role corporations play in shaping expectations of equal treatment and how, from quotas in Norway to disclosure obligations in the United States, law can and has intervened. The bottom line is that this volume should be read by everyone interested in understanding the wave of policies around the world addressing equal opportunities in the workplace.' Judith Resnik, Arthur Liman Professor of Law, Yale Law School Advance praise: 'Aaron Dhir asks whether corporate board gender diversity is a good idea and how to achieve it, contrasting Norway, the first of five European countries to mandate diversity, with the United States, which has since 2009 required disclosure of board diversity efforts. In Norway, board members show broad support for the mandate, arguing that women have brought more rigorous debate, monitoring, and risk assessment to boards. Moreover the mandate increased board diversity significantly. The US disclosure law has done little to increase gender diversity, making it hard to assess diversity's effects. As more than half a dozen countries consider following Norway's path, Dhir's path-breaking study provides important lessons by deftly combining theory and research tools from psychology, sociology, and legal studies.' Frank Dobbin, Harvard University Advance praise: 'Examining the two most prevalent approaches to increasing gender diversity on corporate boards today - quotas and disclosure - Aaron Dhir convincingly argues that quota-induced diversity has improved the work of boards and firm governance in Norway, the first country to introduce legally mandated gender representation on its boards, but that disclosure rules, such as, e.g., adopted by the Securities and Exchange Commission in the United States, have done little to promote gender diversity on corporate boards. Dhir suggests that the impact of disclosure requirements could be strengthened by defining diversity more precisely, including identity-based diversity, and by adopting the comply-or-explain model used in the United Kingdom and much of the European Union. I highly recommend this comprehensive book to everyone interested in improving not only how our corporate boards look but also how they function.' Iris Bohnet, John F. Kennedy School of Government, Harvard University


'This is a crucial book on a crucial subject. Dhir brings new insights to bear on critical questions involving diversity on boards in the United States and Europe. His cutting edge research reminds us why we care about issues of inclusion and revises our understandings about how to achieve it.' Deborah L. Rhode, Director, Center on the Legal Profession, and E. W. McFarland Professor of Law, Stanford University 'How many women and men sit on corporate boards and why does it matter? Aaron Dhir's ambitious book analyzes the role corporations play in shaping expectations of equal treatment and how, from quotas in Norway to disclosure obligations in the United States, law can and has intervened. The bottom line is that this volume should be read by everyone interested in understanding the wave of policies around the world addressing equal opportunities in the workplace.' Judith Resnik, Arthur Liman Professor of Law, Yale Law School 'Aaron Dhir asks whether corporate board gender diversity is a good idea and how to achieve it, contrasting Norway, the first of five European countries to mandate diversity, with the United States, which has since 2009 required disclosure of board diversity efforts. In Norway, board members show broad support for the mandate, arguing that women have brought more rigorous debate, monitoring, and risk assessment to boards. Moreover the mandate increased board diversity significantly. The US disclosure law has done little to increase gender diversity, making it hard to assess diversity's effects. As more than half a dozen countries consider following Norway's path, Dhir's path-breaking study provides important lessons by deftly combining theory and research tools from psychology, sociology, and legal studies.' Frank Dobbin, Harvard University 'Examining the two most prevalent approaches to increasing gender diversity on corporate boards today - quotas and disclosure - Aaron Dhir convincingly argues that quota-induced diversity has improved the work of boards and firm governance in Norway, the first country to introduce legally mandated gender representation on its boards, but that disclosure rules, such as, e.g., adopted by the Securities and Exchange Commission in the United States, have done little to promote gender diversity on corporate boards. Dhir suggests that the impact of disclosure requirements could be strengthened by defining diversity more precisely, including identity-based diversity, and by adopting the comply-or-explain model used in the United Kingdom and much of the European Union. I highly recommend this comprehensive book to everyone interested in improving not only how our corporate boards look but also how they function.' Iris Bohnet, John F. Kennedy School of Government, Harvard University


Author Information

Aaron A. Dhir is Associate Professor of Law (with tenure) at Osgoode Hall Law School of York University, Toronto. He was the 2013–14 Canadian Bicentennial Visiting Professor of Law at Yale Law School, as well as a Global Justice Senior Fellow at the Yale MacMillan Center. Dhir has served as a Visiting Scholar at Harvard University, Massachusetts, the University of Oxford, and University College London. His scholarly interests center on corporate law, governance, theory, and accountability.

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