Equbusiness book VERSION 28SEPT2023 - Flipbook - Page 63
Detailed information and planning on the gender diversity of the labor force and executives may help promote
gender diversity on corporate boards as well.
According to the evidence, stakeholder engagement and regulation are also decisive in fostering gender diversity
and women9s voice on corporate boards. The sample agrees that mandatory requirements and quotas from
external regulators are helpful on gender diversity issues, despite the contradictory views. However, it is too early
to observe any long term impact of these rather new mandatory quotas.
Since the stakeholder governance mechanisms are also influential, some techniques that would also be helpful in
raising the number of women and in raising their voice on European corporate boards are: survey techniques,
regular meetings with stakeholder representatives on board structure, voting mechanisms, special events-annual
meetings on gender diversity issues.
