AMAZON BOARD OF DIRECTORS: AN ABOVE-AVERAGE REPRESENTATION OF WOMEN AND COMMITMENT TO A FULLY SUSTAINABLE BUSINESS

Osvaldo Jorge Castillo
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Osvaldo Jorge Castillo: Facultad de Ciencias Económicas, Universidad de Belgrano, Buenos Aires, Argentina

Revista Ciencias Administrativas (CADM), IIA, Universidad Nacional de La Plata, 2023, issue 22, No 4, 16 pages

Abstract: The excellent indicators that the Amazon company has been reflecting lately are due largely to the convergence of a successful leadership in its business model – mostly based on ecommerce – and together with the above, to exceptional global opportunities for the company as a consequence of the COVID-19 pandemic. However, we must highlight the strength of the Board of Directors, briefly mentioned and perhaps overshadowed by the charismatic figure of its former CEO and founder, Jeff Besos. In this regard, the presence of women has been incorporated into its structure for years, reaching 45% in 2020, which places it well above the United States average, which was 28.2% the t same year. In addition to its economic and financial achievements, it has been the second most important company in the US for the last two years. Among other challenges, it has made a public commitment in 2019 to achieve carbon neutrality by 2040, 10 years before the Paris Agreement statement. Although the data does not show that there is a causal relationship between the percentage of women on its Board of Directors and its excellent performance, we can affirm that women ́s balanced representation on its Board of Directors is a strength that clearly improves its reputation –reflected in its economic and financial indicators, and in its commitment to a fully sustainable business.

Keywords: Amazon; good practices; women board of Directors; fully sustainable business. (search for similar items in EconPapers)
JEL-codes: M16 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:lap:recadm:179

DOI: 10.24215/23143738e121

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