Corporate governance in Estonia: equilibrium on board
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005.5:334.784(474.2) (2)
Management operations. Direction (306)
Forms of organization and cooperation in the economy (996)
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BANERJEE, Supriya, WAHL, Mike Franz. Corporate governance in Estonia: equilibrium on board. In: Creşterea economică în condiţiile globalizării, Ed. 16, 12-13 octombrie 2022, Chișinău. Chisinau, Moldova: INCE, 2022, Ediția 16, Vol.1, pp. 65-79. ISBN 978-9975-3583-7-8. DOI: https://doi.org/10.36004/nier.cecg.I.2022.16.6
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Creşterea economică în condiţiile globalizării
Ediția 16, Vol.1, 2022
Conferința "Creşterea economică în condiţiile globalizării"
16, Chișinău, Moldova, 12-13 octombrie 2022

Corporate governance in Estonia: equilibrium on board

DOI:https://doi.org/10.36004/nier.cecg.I.2022.16.6
CZU: 005.5:334.784(474.2)
JEL: D74, M1, M14, O16

Pag. 65-79

Banerjee Supriya1, Wahl Mike Franz2
 
1 University of Tartu, Estonia,
2 Tallinn University of Technology
 
 
Disponibil în IBN: 23 decembrie 2022


Rezumat

This paper starts with an assumption, that there are strong strategic benefits in having boards with members of different backgrounds, experience, and particularly gender, which is reflected in better corporate governance. The central research question of this paper is: Why and how might Estonia increase the number of women on the boards of listed companies? In the case of Estonia, all listed companies on the Tallinn Stock Exchange (NASDAQ TLX) are included in our sample. The authors purposely focus on developing ownership strategies to improve diversity on the boards of corporations with concentrated ownership structure, without regard to arguments that emphasize equal rights or a feminist agenda. The results of the current research are a valuable analytical resource for the Estonian business community, as well as for policymakers.

Cuvinte-cheie
board diversity, case study, corporate governance, Estonia, gender diversity.