Board Gender Diversity and Corporate Social Responsibility
Idowu Khadijah Adeola () and
Fadekemi Zainab Ajasa-Adeoye ()
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Idowu Khadijah Adeola: Lagos State University
Fadekemi Zainab Ajasa-Adeoye: Lagos State University
Chapter Chapter 17 in Sustainable Economic Development, 2025, pp 469-497 from Springer
Abstract:
Abstract The composition of a company's board of directors plays a critical role in shaping its strategic vision and future. Effective direction and decision-making are strengthened when a board includes individuals with varied backgrounds, experiences, and skills, bringing fresh and varied outlooks to the table which enrich discussions and drive more effective leadership. This diversity isn’t just about representation, it serves as a wellspring for innovation and informed strategic planning. By bringing together individuals with varied professional experiences, cultural insights, and problem-solving approaches, a company’s board is better positioned to navigate complex challenges and seize new opportunities. As environmental and social issues gain prominence, regulations around CSR are likely to become more stringent. Prioritizing corporate social responsibility (CSR) and embracing emerging trends position businesses for greater success in a marketplace that values social and environmental responsibility. By adopting responsible practices, organizations are able to meet the increasing expectations of ethically conscious consumers while also establishing a sustainable foundation for long-term growth.
Keywords: Board gender diversity; Corporate social responsibility (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-96224-0_17
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DOI: 10.1007/978-3-031-96224-0_17
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