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Board Gender Diversity and Corporate Social Responsibility

In: Sustainable Economic Development

Author

Listed:
  • Idowu Khadijah Adeola

    (Lagos State University)

  • Fadekemi Zainab Ajasa-Adeoye

    (Lagos State University)

Abstract

The composition of a company's board of directors plays a critical role in shaping its strategic vision and future. Effective direction and decision-making are strengthened when a board includes individuals with varied backgrounds, experiences, and skills, bringing fresh and varied outlooks to the table which enrich discussions and drive more effective leadership. This diversity isn’t just about representation, it serves as a wellspring for innovation and informed strategic planning. By bringing together individuals with varied professional experiences, cultural insights, and problem-solving approaches, a company’s board is better positioned to navigate complex challenges and seize new opportunities. As environmental and social issues gain prominence, regulations around CSR are likely to become more stringent. Prioritizing corporate social responsibility (CSR) and embracing emerging trends position businesses for greater success in a marketplace that values social and environmental responsibility. By adopting responsible practices, organizations are able to meet the increasing expectations of ethically conscious consumers while also establishing a sustainable foundation for long-term growth.

Suggested Citation

  • Idowu Khadijah Adeola & Fadekemi Zainab Ajasa-Adeoye, 2025. "Board Gender Diversity and Corporate Social Responsibility," Springer Books, in: Mirela Panait & Iza Gigauri & Lukman Raimi (ed.), Sustainable Economic Development, chapter 0, pages 469-497, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-96224-0_17
    DOI: 10.1007/978-3-031-96224-0_17
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