Shimeld, SF and Williams, B and Shimeld, J, Diversity ASX corporate governance recommendations: a step towards change?, Sustainability Accounting, Management and Policy Journal, 8, (3) pp. 335-357. ISSN 2040-8021 (2017) [Refereed Article]
© 2016 Emerald Publishing Limited
Design/methodology/approach: The authors draw on data obtained from a random sample of 120 ASX-listed company annual reports across two time periods: 2009 and 2012 (before and after the change in the Recommendations).
Findings: Although findings indicate that there has been some change, especially in the more visible companies (ASX200), many of the changes appear to be largely superficial with a continued focus on the business case perspective.
Social implications: While the disclosure recommendations have the potential to be a driver in addressing gender inequity, the findings of this paper indicate that without deep change at the organisational level, requiring listed companies to disclose on gender diversity may have little impact, with the focus remaining on the business case and business as normal.
Originality/value: This paper contributes to the literature on gender diversity in the boardroom and the effect of disclosure. The empirical findings contribute to an understanding of the diversity Recommendations within the ASX Corporate Governance Principles and Recommendations, but in doing so, it calls for deeper organisational cultural change if real change is to take effect.
|Item Type:||Refereed Article|
|Keywords:||diversity, business case, gender, disclosure, corporate governance, ethical|
|Research Division:||Commerce, Management, Tourism and Services|
|Research Group:||Accounting, Auditing and Accountability|
|Research Field:||Accounting, Auditing and Accountability not elsewhere classified|
|Objective Division:||Expanding Knowledge|
|Objective Group:||Expanding Knowledge|
|Objective Field:||Expanding Knowledge in Economics|
|Author:||Shimeld, SF (Dr Sonia Shimeld)|
|Author:||Williams, B (Dr Belinda Williams)|
|Deposited By:||Tasmanian School of Business and Economics|
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