Menaka Angammana Angammana Introducing Board Gender Diversity to Sri Lanka

Introducing Board Gender Diversity to Sri Lanka

von Menaka Angammana

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Beschreibung

Through a socio-legal lens, this book focuses on the feasibility of implementing board gender diversity rules in Sri Lanka. It demonstrates that board gender diversity rules could be a valuable tool for corporate governance development and to promote gender equality in society.

The International Financial Institutions (IFIs) have reasoned that good corporate governance practices can develop the economy by attracting investors and securing foreign direct investment. Accordingly, these IFIs have included corporate governance reform as a condition for funding to developing countries. Among these reforms, board gender diversity is acknowledged as a legal concept that is capable of improving corporate governance practices and promoting gender equality in society. The benefits to corporate governance, often referred to as the economic benefits of the concept, are based on the contribution women directors can make towards advancing board effectiveness. The equality benefits underpinning this strategy depict the manner in which gender equality could be promoted by board gender diversity rules.

Sri Lanka is thus an illustrative example of a developing country forced by IFIs to improve its corporate governance practices as a step towards advancing economic growth. However, the Sri Lankan legislators have not yet introduced board gender diversity rules as a measure to improve corporate governance practices within the country. This book addresses some of the ways in which board gender diversity rules could be introduced to Sri Lanka.

Menaka Angammana has a PhD in Commercial Law from Victoria University of Wellington, New Zealand, a Master of Laws (LLM) from University of West London and a Bachelor of Laws (LLB) from University of London, United Kingdom. She is a legal professional with over 12 years industry experience working in governance, business and commercial law.


Through a socio-legal lens, this book focuses on the feasibility of implementing board gender diversity rules in Sri Lanka. It demonstrates that board gender diversity rules could be a valuable tool for corporate governance development and to promote gender equality in society.

The International Financial Institutions (IFIs) have reasoned that good corporate governance practices can develop the economy by attracting investors and securing foreign direct investment. Accordingly, these IFIs have included corporate governance reform as a condition for funding to developing countries. Among these reforms, board gender diversity is acknowledged as a legal concept that is capable of improving corporate governance practices and promoting gender equality in society. The benefits to corporate governance, often referred to as the economic benefits of the concept, are based on the contribution women directors can make towards advancing board effectiveness. The equality benefits underpinning this strategy depict the manner in which gender equality could be promoted by board gender diversity rules.

Sri Lanka is thus an illustrative example of a developing country forced by IFIs to improve its corporate governance practices as a step towards advancing economic growth. However, the Sri Lankan legislators have not yet introduced board gender diversity rules as a measure to improve corporate governance practices within the country. This book addresses some of the ways in which board gender diversity rules could be introduced to Sri Lanka.


Focuses on the feasibility of implementing board gender diversity rules in Sri Lanka Demonstrates that board gender diversity rules could be a valuable tool for corporate governance development Addresses some of the ways in which board gender diversity rules could be introduced to Sri Lanka

Autor*in

Menaka Angammana

Themen in »Introducing Board Gender Diversity to Sri Lanka«

Gender diversity rules in Sri Lanka Gender diversity Corporate governance in Sri Lanka Corporate legal structure in Sri Lanka Regulatory regime of Sri Lanka Gender inequality in Sri Lanka Cultural norms in Sri Lanka board of directors in Sri Lanka UK corporate governance rules Board composition in Sir Lanka Economic rationale for board gender diversity Strategic management in Sri Lanka Board Gender Diversity in Sri Lanka Braun and Clarke’s six-step guidelines NVIVO 12

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Details

ISBN: 9789819904358
Verlag: Springer Singapore
Erscheinung: 03.03.2023

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