Write an essay on Women Influence in Corporate Governance in the rapidly growing Chinese Economy.
Women Influence In Corporate Governance
Length: 1 pages (275 Words)
Women Influence in Corporate Governance
The Chinese economy has been growing rapidly for more than two decades. The corporate sector has contributed significantly to this growth. Corporate governance in the country is, however, still a work-in-process. Chinese firms have gradually been developing their corporate governance systems by adopting best practices from countries like the U.S., U.K., Germany, and Japan. As a result, some of the countries have passed legislation requiring boards to meet a certain percentage of female directors. In Norway and Spain, for example, corporate boards of directors must be at least 40% female. Germany, Belgium, France, Netherlands, UK, and Japan are also considering imposing gender quotas on corporate boards.
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