Description
Background
A current debate in practice and academia is board diversity (Tricker 2019). Diversity in the context of corporate governance can have various meanings. Diversity in the boardroom among directors could be, in some circumstances, attributable to organisation type, for example, certain not-for-profit and charities, private, public or listed organisations, and which sector or industry an organisation is in (Ellingrud 2020). The characteristics or traits of diversity could, for example, include age, ethnicity, gender, race, religiosity, skills, among others (e.g. see AICD 2020; Culbert & Grewal 2020; Ellingrud 2020; Loop & Bromilow 2018). A related literature investigates overlapping directors, busy and interlocked boards (Srinivasan et al. 2018).
Task
Conduct a review of board diversity, at an organisation you select, as a corporate governance issue and write a critical and in-depth report about your findings. Use the concepts, tools and techniques learned in this subject to review board diversity issues in your selected organisation at the individual director, committee and board levels.
Format
Your assessment submission must include the following:
Define and briefly describe board diversity as a corporate governance issue.
Provide a brief description of board diversity at your selected organisation (current situation and recent past changes, etc.).
Provide an outline of the laws, rules, corporate governance theories or philosophies, standards, guides, principles or risks learnt in this subject relevant to board diversity in the location of your organisation.
Critically analyse and evaluate for your selected organisation, their board diversity applying the relevant laws, rules, corporate governance theories or philosophies, standards, guides, principles or other tools and techniques learnt during this subject.
Reason where your organisation is positioned in a wider classification (for example, industry, sector, country level) of board diversity and why it is a leader or laggard.
Provide explicit recommendations for suggested improvement based on your review.
Write a summary of the main findings in your conclusions section.
