A soft-law approach is followed in the UK for improving gender diversity on boards. This paper explores the causes and solutions of gender homogeneity on British boards by interviewing thirty-three board members of FTSE 350 companies. Results suggest that British boards are homogeneous due to discrimination against women, a lack of confidence among women and a lack of objectivity in nomination processes. While current soft-law approach is the best-suited strategy due to established institutional processes, there is an increasing demand for more intrusive statutory action if the current approach fails to achieve gender parity, soon enough. The paper contributes to Institutional theory, public policy and corporate praxis.
Bibliographical noteCopyright © and Moral Rights are retained by the author(s) and/ or other copyright owners. A copy can be downloaded for personal non-commercial research or study, without prior permission or charge. This item cannot be reproduced or quoted extensively from without first obtaining permission in writing from the copyright holder(s). The content must not be changed in any way or sold commercially in any format or medium without the formal permission of the copyright holders.
- Board Diversity
- Soft-law approach
- Gender balance