TY - BOOK AU - Irina Velkova PY - 2015 CY - Hamburg, Germany PB - Anchor Academic Publishing SN - 9783954899234 TI - Quotas for Women on Corporate Boards: The Call for Change in Europe UR - https://m.anchor-publishing.com/document/295180 N2 - The debate for higher female representation on corporate boards has become particularly intensive during the recent financial crisis. Scholars advocate that women are more risk-averse, more engaged with longer-term issues and tend to draw more attention to governance and ethics. Thus, it is suggested that due to the behavioural differences between men and women, more gender-balanced boards would have prevented a number of financial collapses. This assertion has triggered more detailed analyses of current statistics for women on boards in the European Union. A number of states have implemented various non-binding measures for improving female representation on boards. This brought them acclaim, yet no discernible results. Should we indeed insist to have gender-balanced boards, we need quotas. Evidence is of strong support. KW - Woman, European Union, Justice, corporate governance, gender diversity, female representation, quotas for gender diversity, EU Directive on Gender Balance LA - English ER -