Open Access. Powered by Scholars. Published by Universities.®

Law Commons

Open Access. Powered by Scholars. Published by Universities.®

Series

Business Organizations Law

PDF

Pace University

2015

Articles 1 - 1 of 1

Full-Text Articles in Law

More Than A Woman: Insights Into Corporate Governance After The French Sex Quota, Darren Rosenblum Jan 2015

More Than A Woman: Insights Into Corporate Governance After The French Sex Quota, Darren Rosenblum

Pace Law Faculty Publications

In 2011, France enacted a Corporate Board Quota to establish a forty percent floor for either sex on corporate boards. Existing literature presumes that women will change the way firms function and that their presence in upper management will improve both governance and financial returns. To assess the potential impact of the quota, we interviewed twenty-four current and former corporate board members. Our analysis of these interviews generates two findings. First, our results indicate that, at least in the view of board members, the sex quota has had an impact on the process of board decision-making, but adding women has ...