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Diversity and the Effective Corporate Board - 1st Edition - ISBN: 9780124104976, 9780124105324

Diversity and the Effective Corporate Board

1st Edition

Authors: Ram Mishra Shital Jhunjhunwala
Paperback ISBN: 9780124104976
eBook ISBN: 9780124105324
Imprint: Academic Press
Published Date: 16th April 2013
Page Count: 124
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The book discusses the various aspects of diversity of corporate boards in terms of gender, age, nationality, tenure, education, experience and personalities. It enumerates the need for such diversity in each category and related concerns. Statistics from around the world support the authors’ claims. The nine chapters in this short book have not been previously published.

Key Features

  • Explains the dimensions of board diversity and ways to use them to increase effectiveness.
  • Supports its findings with statistics from around the world.
  • Relevant for researchers and professionals working in corporate governance and corporate finance


Graduate students and researchers working in corporate governance as well as professionals involved in selecting, recruiting, and training board members

Table of Contents



Chapter 1. Diversity—Toward an Effective Board

1.1 Corporate Boards

1.2 Board Diversity—A Must for Effective Board Performance

1.3 Rationale for Board Diversity

1.4 Constraints of Board Diversity

1.5 Types of Diversity


Chapter 2. Women on Boards

2.1 Men Still Dominate Boards

2.2 Why So Few Women?

2.3 Why We Need Women on Boards

2.4 Gender Diversity—On the Move

2.5 Women in the Lead

2.6 Bridging the Gap

2.7 Toward a Broader Base




Chapter 3. Gender Diversity—India and Singapore

3.1 Gender Diversity

3.2 Participation of Women

3.3 Passive Role of Women

3.4 Women Directors Are Younger

3.5 Women Directors Yet to Go Global

3.6 Women: The Newcomers

3.7 Qualification Myth

3.8 Limited Range of Experience

3.9 Women Matter

Chapter 4. As Companies Go Global, Boards Must Follow

4.1 Nationality Diversity

4.2 Level of Global Representation

4.3 Globalization Absent in India and US

4.4 Regional Bias

4.5 Forced Globalization

4.6 International Women Directors

4.7 Skill and Talent Matter to Singapore

4.8 International Directors Are Younger

4.9 Globalization of Boards: In Infancy

4.10 Globalization of Boards Given Thumbs Up


Chapter 5. Board Composition: Veteran or Novice

5.1 Diversity of Tenure on the Board

5.2 Optimum Tenure

5.3 US and India Boards Have More Veterans

5.4 Independent Directors Have a Shorter Life Span

5.5 Women—The New Entrants

5.6 Degree of Diversity

5.7 Novice and Veteran


Chapter 6. Age Diversity—Toward a Balanced Board

6.1 Why Age Diversity?

6.2 Age Diversity on Boards

6.3 Importance of Age Undermined


Chapter 7. Skill Diversity

7.1 Varied Talent

7.2 Pros and Cons

7.3 Finance Background in Demand

7.4 Need for Generalists

7.5 Industry Expert Preferred

7.6 Positive Effect on Performance


Chapter 8. Blend of Diverse Personalities

8.1 Deep-Level Diversity

8.2 Leveraging Personality Diversity


Chapter 9. Building an Effective Board

9.1 Value-Adding Boards

9.2 Diversity Views

9.3 Building the Right Board

9.4 Making Diversity Work



No. of pages:
© Academic Press 2013
16th April 2013
Academic Press
Paperback ISBN:
eBook ISBN:

About the Authors

Ram Mishra

Affiliations and Expertise

ONGC Subir Raha Chair Professor on Corporate Governance, Institute of Public Enterprise, Hyderabad, India

Shital Jhunjhunwala

Affiliations and Expertise

Head, Center for Corporate Governance, Institute of Public Enterprise, Hyderabad, India


"Diversity within a corporate board of directors is increasingly seen as an important element in making the corporation profitable...They describe the need for diversity in gender, age, nationality, tenure, education, experience, and personalities…Among the topics are women on boards, global boards for global companies, veterans and novices, skill diversity, and building an effective board.", February 2014

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