Gender-inclusive corporate boards and business performance in Pakistan

IF 1.9 Q2 ETHICS Asian Journal of Business Ethics Pub Date : 2022-05-22 DOI:10.1007/s13520-022-00147-0

Syeda Hoor-Ul-Ain, Khalid M. Iraqi

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引用次数: 1

Abstract

This study examines the significance of gender-inclusive corporate boards for improving business performance in Pakistan and addresses the social paradox of gender quotas for reducing gender disparities in boardrooms. The conceptual review of all-inclusive literature focuses on assembling descriptive outlines of the evidence explored; analyzing and evaluating it; sieving out inapt studies; and furnishing an aperçu of the authentic evidence. Pakistan’s case for boardroom’s gender diversity merits consideration in the context of kinship, competence, business ethics, and meritocracy. With the legal and regulatory push in the form of the Companies Act, 2017 and SECP’s regulation, companies in Pakistan are liable to induct at least one woman director on corporate boards. The literature portrays the legislative measures as controversial and presented polarized opinions on gender quotas, either in favor or in against the legislations. The research evinces that the overall women representation in the listed companies at KSE-100 index was 7.55% in August 2019 which rose to 11% till March 2020. The paper contributes towards exposing the social paradox of gender-inclusive boardrooms in Pakistan. The findings indicate an urgent need for the implementation of gender parity social reforms to empower competent women with their legal rights to enjoy the stature they deserve.

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巴基斯坦性别包容的公司董事会和企业绩效

摘要本研究考察了性别包容性公司董事会对改善巴基斯坦企业绩效的重要性，并解决了性别配额对减少董事会性别差异的社会矛盾。全包文献的概念综述侧重于收集所探索证据的描述性概述；对其进行分析和评估；筛选不恰当的研究；并提供真实证据的纸张。巴基斯坦董事会性别多样性的案例值得从亲属关系、能力、商业道德和精英管理的角度来考虑。随着2017年《公司法》和SECP法规形式的法律和监管推动，巴基斯坦的公司有责任在公司董事会中引入至少一名女性董事。文献将立法措施描述为有争议的，并在性别配额问题上提出了两极分化的意见，无论是赞成还是反对立法。研究表明，2019年8月，KSE-100指数上市公司中女性的总体比例为7.55%，截至2020年3月，这一比例上升至11%。这篇论文有助于揭露巴基斯坦董事会性别包容的社会悖论。调查结果表明，迫切需要实施性别平等的社会改革，赋予有能力的妇女合法权利，让她们享有应有的地位。

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来源期刊

Asian Journal of Business Ethics ETHICS-

CiteScore

2.60

自引率

38.50%

发文量

期刊介绍： The Asian Journal of Business Ethics (AJBE) publishes original articles from a wide variety of methodological and disciplinary perspectives concerning ethical issues related to business in Asia, including East, Southeast and South-central Asia. Like its well-known sister publication Journal of Business Ethics, AJBE examines the moral dimensions of production, consumption, labour relations, and organizational behavior, while taking into account the unique societal and ethical perspectives of the Asian region. The term ''business'' is understood in a wide sense to include all systems involved in the exchange of goods and services, while ''ethics'' is understood as applying to all human action aimed at securing a good life. We believe that issues concerning corporate responsibility are within the scope of ethics broadly construed. Systems of production, consumption, marketing, advertising, social and economic accounting, labour relations, public relations and organizational behaviour will be analyzed from a moral or ethical point of view. The style and level of dialogue involve all who are interested in business ethics - the business community, universities, government agencies, non-government organizations and consumer groups.The AJBE viewpoint is especially relevant today, as global business initiatives bring eastern and western companies together in new and ever more complex patterns of cooperation and competition.