This essay argues for the appointment of women to boardrooms for gender equality, highlighting the benefits of diverse perspectives, financial performance, and cultural improvements. It analyzes research and perspectives on the topic, concluding that women's inclusion in corporate leadership is crucial for organizational success.
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3 reasons why women should be appointed to boardrooms for gender equality cause and effect
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 THESIS STATEMENT..................................................................................................................1 MAIN BODY..................................................................................................................................1 CONCLUSION................................................................................................................................2 REFERENCES................................................................................................................................3
INTRODUCTION In present corporate world, women has fewer opportunities as compared to men in context of political representation, access to education etc. Companies with diverse workforce has high potential to gain competitive advantage. Gender diversity has great effect on the profitability of an organization. This factor also have direct as well as significant influence on investors decision. Employing a diverse workforce has become a boardroom issue. The present report will have focus on identifying the three reason for appointing women to be a part of top level management. THESIS STATEMENT Tree reason for justifying that women should be appointed or not to be board room for gender equality reason . MAIN BODY The issue of female under-representation is very much controversial. Considering this issue, legal authorities by developing as well as implementing various policies is taking high initiative for encouraging companies to raise fairness in woman representation. The first reason for allow women to participate in top level management is to increase the effectiveness of board room. As woman have different perspective which can be helpful in generation of new ideas for improving organizational performance. Females directors make decisions considering the benefit as well as interest of all stakeholders, this quality of them make them an effective business director. Whereas men as a director in a company makes decision based on rules , regulations and by utilizing the traditional methods (Bettinelli, Del Bosco and Giachino, 2019). Equality within tin an enterprise is very much important in order to improve financial performance of company. The another reason why women should be appointed to be board room for gender equality reason is that women have independence, innovation ass well as good administrative skills which are required for managing business. It has been argued that many of the survey display correlation, not necessarily causing. For instance, it may be that organization which are financially more successful also priorities gender parity - it’s not needfully the factors which has lead to firm financial success (Comi, Grasseni and Pagani, 2017.). The reason is that equal working opportunity given to women has great, direct as well as positive effect on the culture of an enterprise. By involving women to be a part of board room , management can make an appropriate business decisions.In addition to this one more reason for including females 1
employees in board is that they built better relationship at workplace which is very much important for enhancing culture. The other crucial and important justification for including females in board they can aid an enterprise in reducing costs. There are basically three strategies which are generally as well as effectively utilized by woman are collaboration as well as consensus building. In addition to this, w omens are more cooperative as compared to man (Tinsley,Wade and O’Reilly, 2017). In addition to this, women directors take high initiatives for dealing with complex as well as critical situation at workplace. By employing women on board assist business entities in broadening their pool at all levels. But some others has disagreed with the statement, as they perceive that employing women to board can be risky, as there are high chances of leakage of confidential information. Employing women on board helps an organization in increasing value (Kirsch, 2018). It also assists firm in improving brand image in the market. There are some scholars who have stated that , the normal effect of gender diversity on business performance is adverse. This counter effect is driven by an enterprise with fewer takeover defense. In addition to this, they also perceive that gender quotas for directors can bring down firm value for well-governed organization. The other strong reason for employing woman to board is thatMore Women On Corporate Boards Leads To More Productivity And Better Problem-Solving (Gunter, 2017). There are some scholars who perceives that gender diversity in the boardroom has no effect on corporate outcomes. CONCLUSION It has been concluded from the assignment that women should be provided with equal chance to participate in management decision as well as activity. Study has also concluded that it is important for an organization to provide women an equal working opportunities in context of legal aspects. It has been concluded from the assignment that women should be appointed to be board room for gender equality reason as this will assist an enterprise increasing board effectiveness. Equality at workplace has direct as well as significant impact on business performance. 2
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REFERENCES Books and Journals Bettinelli, C., Del Bosco, B. and Giachino, C., 2019. Women on boards in family firms: What we know and what we need to know. InThe Palgrave handbook of heterogeneity among family firms(pp. 201-228). Palgrave Macmillan, Cham. Comi, S., Grasseni, M., Origo, F. and Pagani, L., 2017. Where women make the difference. The effects of corporate board gender quotas on firms' performance across Europe. Gunter, B., 2017.Why Women Should be Taken More Seriously in the Boardroom. Routledge. Kirsch, A., 2018. The gender composition of corporate boards: A review and research agenda. The Leadership Quarterly.29(2). pp.346-364. Matsa, D.A. and Miller, A.R., 2013. A female style in corporate leadership? Evidence from quotas.American Economic Journal: Applied Economics,5(3), pp.136-69. Tinsley, C.H., Wade, J.B., and O’Reilly, C.A., 2017. Gender diversity on US corporate boards: Are we running in place?.ILR Review.70(1).pp.160-189. Online: Women on Boards – 3 Top Reasons It Changes the Atmosphere,2018. [Online]. Available through:<http://femalebreadwinners.com/women-on-boards-3-top-reasons-it-changes-the- atmosphere/>. 3