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. 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. Accordingly, these IFIs have included corporate governance reform as a condition for funding to developing countries. The International Financial Institutions (IFIs) have reasoned that good corporate governance practices can develop the economy by attracting investors and securing foreign direct investment. It demonstrates that board gender diversity rules could be a valuable tool for corporate governance development and to promote gender equality in society. Through a socio-legal lens, this book focuses on the feasibility of implementing board gender diversity rules in Sri Lanka.
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