caa a22 4500 605483329 CHVBK 20210128100430.0 cr unu---uuuuu 210128e20150501xx s 000 0 eng 10.1007/s10551-014-2083-1 doi (NATIONALLICENCE)springer-10.1007/s10551-014-2083-1 Legislating a Woman's Seat on the Board: Institutional Factors Driving Gender Quotas for Boards of Directors [Elektronische Daten] [Siri Terjesen, Ruth Aguilera, Ruth Lorenz] Ten countries have established quotas for female representation on publicly traded corporate and/or state-owned enterprise boards of directors, ranging from 33 to 50%, with various sanctions. Fifteen other countries have introduced non-binding gender quotas in their corporate governance codes enforcing a "comply or explain” principle. Countless other countries' leaders and policy groups are in the process of debating, developing, and approving legislation around gender quotas in boards. Taken together, gender quota legislation significantly impacts the composition of boards of directors and thus the strategic direction of these publicly traded and state-owned enterprises. This article outlines an integrated model of three institutional factors that explain the establishment of board of directors gender quota legislation based on the premise that the country's institutional environment co-evolves with gender corporate policies. We argue that these three key institutional factors are female labor market and gendered welfare state provisions, left-leaning political government coalitions, and path-dependent policy initiatives for gender equality, both in the public realm as well as in the corporate domain. We discuss implications of our conceptual model and empirical findings for theory, practice, policy, and future research. These include the adoption and penalty design of board diversity practices into corporate practices, bottom-up approaches from firm to country-level gender board initiatives, hard versus soft regulation, the leading role of Norway and its isomorphic effects, the likelihood of engaging in decoupling, the role of business leaders, and the transnational and international reaction to board diversity initiatives. Springer Science+Business Media Dordrecht, 2014 Corporate governance nationallicence Gender equality nationallicence Board gender codes nationallicence Board gender quotas nationallicence Welfare state nationallicence Left-leaning political coalitions nationallicence Path dependency nationallicence Publicly traded firms nationallicence State-owned enterprises nationallicence Terjesen Siri Department of Management and Entrepreneurship, Kelley School of Business, Indiana University, 1309 E. 10th St., 47405, Bloomington, IN, USA aut Aguilera Ruth College of Business, University of Illinois at Urbana-Champaign, 350 Wohlers Hall, 1206 S. Sixth St., 61820, Champaign, IL, USA aut Lorenz Ruth London School of Economics, Houghton Street, WC2A 2AE, London, UK aut Journal of Business Ethics Springer Netherlands 128/2(2015-05-01), 233-251 0167-4544 128:2<233 2015 128 10551 https://doi.org/10.1007/s10551-014-2083-1 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-014-2083-1 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Terjesen Siri Department of Management and Entrepreneurship, Kelley School of Business, Indiana University, 1309 E. 10th St., 47405, Bloomington, IN, USA aut NATIONALLICENCE 700 1- Aguilera Ruth College of Business, University of Illinois at Urbana-Champaign, 350 Wohlers Hall, 1206 S. Sixth St., 61820, Champaign, IL, USA aut NATIONALLICENCE 700 1- Lorenz Ruth London School of Economics, Houghton Street, WC2A 2AE, London, UK aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 128/2(2015-05-01), 233-251 0167-4544 128:2<233 2015 128 10551