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Legal appraisal of corporate governance and gender diversity on Nigeria’s corporate board

Authors: ADEWUMI Eyitayo , EKUNDAYO Veronica , Banuso, Oluwakemi Olayemi

Publication Type: Journal article

Journal: International Journal Of Law

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Abstract

This study examined the legal appraisal of corporate governance and gender diversity in Nigeria’s corporate boards. In spite of gender disparity recognized internationally and attempt to solving it, gender diversity in the corporate world in Nigeria does not seem to have captured it. Thus, this study investigated why Nigerian corporate boardrooms are not gender balanced, explored the effects of corporate governance on gender diversity and how Nigerian corporate boards can become composed with regards to gender diversity. The study was anchored on the feminist philosophy of law which is considered apposite as its theoretical frameworks. This research adopted the qualitative, descriptive research design as the most appropriate to effectively carry out this study. Thus, since it was explorative and majorly qualitative in nature, data was be obtained from secondary sources. Sources were collected from relevant textbooks, journal articles and e-resources from the internet. Data were content analyzed. Studies revealed that despite the global trends, facts, access to equal opportunities, international laws and codes launched, there are still impediments of having women occupy top executive boardroom positions in Nigeria. Further study found that there is an institutional discrimination implemented in the Nigerian corporate structure that is preventing greater representation of women in the boardroom. This paper therefore concluded that a gender diversified corporate boardroom is a balanced board, essential for a good and ethical business sense, because recruitment of more women will bring diverse opinion on board. This means that there is the need to do a lot in Nigeria to effect a positive and unchallengeable change in the legal and social framework that promotes participation in the formal sector. Finally, the study recommended that shareholders, stakeholders and non-governmental organizations (NGOs) should make the latest FRC’s Code, a primary legislative mandatory quota, as a legal measure and sanction in order to combat the issue of boardroom gender diversity in Nigeria.

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ADEWUMI,E. EKUNDAYO,V. Banuso,,O.O . (2020). Legal appraisal of corporate governance and gender diversity on Nigeria’s corporate board, 6 (), 186-186.

ADEWUMI,E. EKUNDAYO,V. Banuso,,O.O . "Legal appraisal of corporate governance and gender diversity on Nigeria’s corporate board" 6, no (), (2020): 186-186.

ADEWUMI,E. and EKUNDAYO,V. and Banuso,,O.O and . (2020). Legal appraisal of corporate governance and gender diversity on Nigeria’s corporate board, 6 (), pp186-186.

ADEWUMIE, EKUNDAYOV, Banuso,OO, . Legal appraisal of corporate governance and gender diversity on Nigeria’s corporate board. 2020, 6 ():186-186.

ADEWUMI,Eyitayo , EKUNDAYO,Veronica , and Banuso,,Oluwakemi Olayemi . "Legal appraisal of corporate governance and gender diversity on Nigeria’s corporate board", 6 . (2020) : 186-186.

A.Eyitayo E.Veronica & B.Oluwakemi Olayemi , "Legal appraisal of corporate governance and gender diversity on Nigeria’s corporate board" vol.6, no., pp. 186-186, 2020.

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