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Efficacité des lois contraignantes et des lois souples pour promouvoir la diversité de genre dans les conseils d'administration:une comparaison France/Canada - Legislative versus Regulatory Board Diversity effectiveness:A Comparison between France and Canada

Author

Listed:
  • Isabelle Allemand

    (Université Bourgogne Franche-Comté, Burgundy School of Business-CEREN)

  • Jean Bédard

    (Université Laval, Québec)

  • Bénédicte Brullebaut

    (Université Bourgogne Franche-Comté, Burgundy School of Business-CEREN)

Abstract

(VF)Pour favoriser la féminisation des conseils d'administration, certains pays, comme la Norvège ou la France, ont voté une loi contraignante imposant un quota ; d'autres pays comme le Canada ont adopté une loi souple de type comply or explain. L'article propose une comparaison de l'efficacité des lois contraignantes et des lois souples dans le cas de la promotion de la diversité dans les conseils d'administration. L'étude France – Canada de 445 sociétés cotées sur la période 2011-2014 confirme la féminisation plus grande et plus rapide des conseils d'administration en France, sans s'écarter davantage qu'au Canada des normes de recrutement en vigueur.(VA)To improve gender diversity on boards, some countries, such as Norway and France, have passed a hard law with quotas while other countries like Canada use a soft approach. The aim of the article is to compare the effectiveness of soft and hard laws to promote board diversity. The study of 445 listed companies in France and Canada on the period 2011–2014 confirms that board diversity is higher and faster in France than in Canada, without higher deviation from directors’ appointment standards.

Suggested Citation

  • Isabelle Allemand & Jean Bédard & Bénédicte Brullebaut, 2016. "Efficacité des lois contraignantes et des lois souples pour promouvoir la diversité de genre dans les conseils d'administration:une comparaison France/Canada - Legislative versus Regulatory Board Dive," Revue Finance Contrôle Stratégie, revues.org, vol. 19(4), pages 117-142., June.
    • Handle: RePEc:dij:revfcs:v:19:y:2016:i:4:p:117-142.
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    More about this item

    Keywords

    conseil d'administration; diversité de genre; législation; règlementation; board of directors; gender diversity; legislation; regulation.;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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